Dave@lemmy.worldtoTechnology@lemmy.world•Calif.-founded EV maker Canoo, once worth $2.4 billion, goes belly-up after moving to TexasEnglish
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4 days agoI wonder if Texas has better bankruptcy laws.
I wonder if Texas has better bankruptcy laws.
Joan Westenberg’s framing of this problem as “technical debt” I think is spot-on. Because congress (especially the Senate) has become unable to pass bills, and states are no longer able to amend the constitution, we have amassed a ton of technical debt in our laws, patched only by executive orders that can be easily swept away by the next executive.
https://www.theindex.media/americas-constitutional-crisis-is-really-about-technical-debt/
This is it. “We spent so damn much money on this, we gotta see some NUMBERS on the dashboard!”