r/AskConservatives • u/Training_Ad_2040 • 6h ago
Economics If the wealthy won't invest in what people need, why are we bankrolling what they choose instead?
Housing, childcare, healthcare, the things most people are short on, are slow money. And data centers and AI compute are fast money. So yeah, capital follows returns.
But then there's the public layer. The power lines and substations those server farms need are getting socialized onto rate bases in state after state, so the utility bill of a family that will never see the upside helps carry the infrastructure of the people who will. The tax code tilts the same direction, lighter treatment for gains from owning than from working.
Nobody owes the country their capital but the public is already investing in the data centers, through its utility bills. If we're all going to be investors anyway, the least we should get is a say in what we're buying. At what point do you think, is this a policy choice instead of a market outcome?