Yeah doctrine of consideration says a contract must be supported by consideration that is bargained for and given in exchange for the promise. Past consideration cannot be used in a new contract so it's not exactly clear its legal (if that even matters anymore)

TL;DR:

> "The Democrats who passed the CHIPS Act likely did not foresee Republicans using it to essentially nationalize Intel. Similarly, Republicans cheering government takeovers of chipmakers will somehow be surprised if Democrats invoke similar powers in the health insurance, energy, and other industries when they are in power again."

chaoticalHeavy

Politics_And_Law

This is corporate socialism in a MAGA hat.
