Funding Will Retrofit America's Existing Automotive Manufacturing Facilities, Expand & Retain High-Paying Auto Manufacturing Jobs, & Bolster Domestic Supply Chains, Part of the Investing in America Agenda to Create Not Just More Jobs But Good Jobs
It’s more like investment, especially if it saves jobs. It can be a win-win. Companies have it easier time switching to EV manufacturing, which helps those companies and the environment. Manufacturing jobs are saved, both giving a living to a lot of people and helping communities and saving on benefit payments.
Could of course backfire or go to shit but investments like this from states seem like a very wise move imo.
Loans are costs too. It’s tying up capital that could be used elsewhere
It’s more like investment, especially if it saves jobs. It can be a win-win. Companies have it easier time switching to EV manufacturing, which helps those companies and the environment. Manufacturing jobs are saved, both giving a living to a lot of people and helping communities and saving on benefit payments.
Could of course backfire or go to shit but investments like this from states seem like a very wise move imo.
Take loan
Spend it on stock buybacks
Buy a senator or 50
Profit