Hacker News Reader

> Aspects of the government will begin pulling back.

Defense spending never goes down. It's a key way the government injects money into the economy during recessions.

> The CEO of tsmc mark liu stated this to Nancy pelosi during her visit

Every CEO tells politicians to give them more money, that isn't evidence of shit other than being competent.

Inflation is a problem right now. A huge problem. The recession is actually the result of the government pulling back. It is a necessary action.

Interest rates will increase spending will be pulled back to stop inflation. A recession is the tool being used to stop inflation.

The CEO did not ask for money. The money was already given. The CEO was simply stating the status quo. Helping her come to terms realistically with what is truly going on with the Arizona plant. Look it up.

Reply on news.ycombinator.com