Big-spending subsidies like CHIPS definitely stimulate growth in the targeted industry, with film being a classic example of how impactful the subsidies can be. The issue is that the subsidies are paid for by taxes on everything else. Realistically, the regulatory burdens on small & medium businesses are probably a bigger deterrent to long-term growth than high business tax rates though (and progressive policies have been responsible for much of the regulatory burden).
The movie CHIPs that came out last year had nearly exactly the card pictured. One of the newer cops was attempting to pull over and ticket a guy who was going 100 MPH and weaving in and out of traffic.
The scene basically turned into a fight with his more seasoned partner when the new guy refused to accept the "donor" card, he called backup, and the 4 or 5 cops that showed up basically lectured the new guy and apologized to the card carrying criminal. It was a comedy so I didn't think such a card actually existed.
If those people do, why are the studio executives complaining? Perhaps it's because "Ticket revenue was down at least 12 percent, and ticket sales were at their lowest point for the season in 10 years. Audiences did not want to see remakes of old TV shows (bad news for Baywatch and CHIPS). They did not want to see badly reviewed franchise entries (the take for the latest Transformers installment was way down)."[1] (linked from the article).
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Big-spending subsidies like CHIPS definitely stimulate growth in the targeted industry, with film being a classic example of how impactful the subsidies can be. The issue is that the subsidies are paid for by taxes on everything else. Realistically, the regulatory burdens on small & medium businesses are probably a bigger deterrent to long-term growth than high business tax rates though (and progressive policies have been responsible for much of the regulatory burden).
The movie CHIPs that came out last year had nearly exactly the card pictured. One of the newer cops was attempting to pull over and ticket a guy who was going 100 MPH and weaving in and out of traffic.
The scene basically turned into a fight with his more seasoned partner when the new guy refused to accept the "donor" card, he called backup, and the 4 or 5 cops that showed up basically lectured the new guy and apologized to the card carrying criminal. It was a comedy so I didn't think such a card actually existed.
If those people do, why are the studio executives complaining? Perhaps it's because "Ticket revenue was down at least 12 percent, and ticket sales were at their lowest point for the season in 10 years. Audiences did not want to see remakes of old TV shows (bad news for Baywatch and CHIPS). They did not want to see badly reviewed franchise entries (the take for the latest Transformers installment was way down)."[1] (linked from the article).
[1]: http://www.philly.com/philly/entertainment/movies/dunkirk-girls-trip-are-brights-spots-in-a-bummer-summer-20170825.html