• Powderhorn@beehaw.org
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    23 hours ago

    I first ran into this story on /r/energy (yeah, I cheated on Beehaw because I had to see what was going on in /r/journalism with the Post news), and while most comments were useful, there was also a tinge of “but it’s China, so that’s bad.”

    Well, we were on our way to building up production and infrastructure here in the U.S., which I know because I fucking covered federal grants for green-energy projects and battery production until being laid off Jan. 20, 2025.

    I mean, this is like complaining that another kid has a chocolate bar on the playground and you don’t. China invests for the long term. The U.S. needs quarterly returns. We did a lot better at advancing the state of the art in everything when we had robust corporate R&D departments than we do going with share buybacks.

    We have lost our edge. Period, graf.