Current：Home > InvestIs the government choosing winners and losers? -FinanceMind
Is the government choosing winners and losers?
View
Date：2025-04-17 05:14:54
How you feel about industrial policy boils down to how you feel about the free market. Opponents say government shouldn't pick winners and losers: just let the free market do its thing. Supporters say sometimes there are broad social benefits to government support, and it's the government's role to steer the national economy in that direction.
Either way, it's a policy that fell out of favor in the U.S. decades ago. But Donald Trump's trade wars followed by huge spending by the Biden administration mean industrial policy is back.
Today for indicators of the week we're going granular on industrial policy. We'll look at some of the latest efforts to make more tech like semiconductor chips and electric-vehicle batteries in America.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
veryGood！ (78)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Chelsea Handler Reacts to Rumors She's Joining Real Housewives of Beverly Hills
- At Tony Award nominations, there’s no clear juggernaut but opportunity for female directors
- Climber who died after 1,000-foot fall on Alaska peak identified as passionate New York forest ranger Robbi Mecus
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- 1000-lb Sisters’ Tammy Slaton Shows Off Transformation in Swimsuit Photo With Pal Haley Michelle
- The Most-Shopped Celeb Recommendations This Month: Gwyneth Paltrow, Kyle Richards, and More
- Chelsea Handler Reacts to Rumors She's Joining Real Housewives of Beverly Hills
- New data highlights 'achievement gap' for students in the US
- Colleges across US seek to clear protest encampments by force or ultimatum as commencements approach
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Cameo's Most Surprisingly Affordable Celebrity Cameos That Are Definitely in Your Budget
- Cowboys and running back Ezekiel Elliott reuniting after agreeing to deal, AP source says
- King Charles III Returns to Public Duties in First Official Appearance Since Cancer Diagnosis
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Alo Yoga's Biggest Sale of the Year Is Here at Last! Score up to 70% off Sitewide
- New York special election will fill vacancy in Congress created by resignation of Democrat Higgins
- Taylor Swift’s ‘The Tortured Poets Department’ hits No. 1, with songs claiming the top 14 spots
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Jason Kelce joining ESPN's 'Monday Night Countdown' pregame coverage, per report
Democrats start out ahead in Pennsylvania, Wisconsin 2024 Senate races — CBS News Battleground Tracker poll
EPA rule bans toxic chemical that’s commonly used as paint stripper but known to cause liver cancer
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Congress honors deceased Korean War hero with lying in honor ceremony
Iconic arch that served as Iditarod finish line collapses in Alaska. Wood rot is likely the culprit