U.S. lawmakers to open chips, China bill negotiations
Members of Congress will meet Thursday to open negotiations on a compromise measure that would fund $52 billion in semiconductor manufacturing subsidies and boost U.S. competitiveness with Chinese technology, a source told Reuters.
Republicans claim that capitalism reigns supreme, but it fails at every juncture. We need the US Govt to bailout companies, we need the US government to spur investment and innovation, we need unemployment insurance, medicate/medicaid, we need the Fed to control inflation, we need the EPA to step in to reduce/remove pollution + toxins. Yet, the Republicans…..er, Trumpers, can’t see past their own assholes when it comes to the Government. They think that private industry solves all problems and that the government should be gutted like a fish. Pretty sad.
but wait, it gets worse. I’ve worked at the top semi conductor manufacturers in the world and there aren’t many Republicans there. In fact, it’s probably less than 20%. The folks that work at these companies have phds, master’s degrees, mbas…they come from stem fields and are often immigrants from other countries. So, not only are the Republicans failing as fellow countrymen, they’re also failing to help the US be competitive in a global economy. Very sad.
