It'll never happen. It's the standard US playbook:
- Allow industry to consolidate to a tiny group of winners, or just one winner
- Turn a blind eye to anticompetitive behavior in the marketplace
- Protect the uncompetitive winner from innovative global competitors
- Bail it out because national security depends on it
It's funny because we don't have socialism, government doesn't 'own' heavy industries, but at the same time the major firms will obviously never be allowed to fail on national security grounds.
- Allow industry to consolidate to a tiny group of winners, or just one winner
- Turn a blind eye to anticompetitive behavior in the marketplace
- Protect the uncompetitive winner from innovative global competitors
- Bail it out because national security depends on it
It's funny because we don't have socialism, government doesn't 'own' heavy industries, but at the same time the major firms will obviously never be allowed to fail on national security grounds.