The CHIPS act - delivering $52B in subsidies to the massively profitable semiconductor industry - has passed Congress after being bloated out to $280B

[Rogue AI]

Democrats are the party of corporate welfare now. How cute.

 

[JackOfNoTrades]

Translation - "The middle class subsidizing the billionaire / millionaire investor class is perfectly acceptable as long as the Democrats are the ones doing it and not those greedy corporate ass kissing Republicans."

No, I'm calling the hypocrisy out. When just and righteous god fearing Republican patriots do it, it's acceptable. It's Pro Business!! When dirty, liberal, heathen Democrats do it...IT'S BAD!!
Hence the whole, "make up your mind" statement.

 

[B. Kidd]

All they had to do is just like what was done to foreign cars - a certain percentage must be made in the US.

But you can’t pay off your buddies that way.

CHIPS Act clears Congress, ensuring $52 billion boost to US foundries

The vote was the long-awaited bill’s final hurdle before Biden.

www.theverge.com

Yupp!
Chip companies are wealthy enough to expand domestically without being the benefactors of cold, hard taxpayer cash filling their tills.

 

[Bootney Lee Farnsworth]

I ask my wife that every day

I'm not sure, but I think she works for the government.

Her favorite book is the check book? She just can't put it down until it's finished?


She's probably friends with Mrs. Bootney.

 

[Lesh]

Yupp!
Chip companies are wealthy enough to expand domestically without being the benefactors of cold, hard taxpayer cash filling their tills.

Except they’re not doing it

 

[B. Kidd]

Yupp!
Chip companies are wealthy enough to expand domestically without being the benefactors of cold, hard taxpayer cash filling their tills.

P.S.
The price of doing the right thing for our Country anymore is based on 'what's in it for me'.

We need another World War to change this nutty belief; you know, something that directly affects everyone's survival!!!

 

[JackOfNoTrades]

Yupp!
Chip companies are wealthy enough to expand domestically without being the benefactors of cold, hard taxpayer cash filling their tills.

And do you ever ask why it doesn't happen? Do you ever ask, why are almost all semiconductors made in far east Asia and then imported here?

 

[B. Kidd]

And do you ever ask why it doesn't happen? Do you ever ask, why are almost all semiconductors made in far east Asia and then imported here?

Profit? Greed?
I didn't ask. So tell us, great brainiac.

 

[JackOfNoTrades]

Profit? Greed?
I didn't ask. So tell us, great brainiac.

Governments subsidizing production costs of these chip companies. Land, taxes, operating expenses, labor.

This is exactly what just happened with the CHIPS Act funding.
Why is there a right wing problem all the sudden?

 

[TNHarley]

Aaaaaaaaaaaaand the left hate musk because of subsidies. But look now...

 

[B. Kidd]

Governments subsidizing production costs of these chip companies. Land, taxes, operating expenses, labor.

This is exactly what just happened with the CHIPS Act funding.
Why is there a right wing problem all the sudden?

You and Mussolini are 2 of a kind.

 

[BluesLegend]

First Pelosi and congress bought a bunch of chips stocks, then gifted them billions of dollars. I think we all know why.

 

[gipper]

Translation - "The middle class subsidizing the billionaire / millionaire investor class is perfectly acceptable as long as the Democrats are the ones doing it and not those greedy corporate ass kissing Republicans."

This is how Bubba got NATFA passed. Poppy Bush couldn’t get it done. Plus Obama the prince-of-peace can take W’s Patriotic Act and harden it.

 

[Osiris-ODS]

Learn to read.
Like cars, a certain percentage of chips sold here must be made here.

But you’re just a useful idiot parroting bullshit so your masters can get richer.

He always plays the same word game.

 

[Fort Fun Indiana]

All they had to do is just like what was done to foreign cars - a certain percentage must be made in the US.

But you can’t pay off your buddies that way.

CHIPS Act clears Congress, ensuring $52 billion boost to US foundries

The vote was the long-awaited bill’s final hurdle before Biden.

www.theverge.com

Passed 64-33 in the Senate, too.

 

[Toro]

Learn to read.
Like cars, a certain percentage of chips sold here must be made here.

But you’re just a useful idiot parroting bullshit so your masters can get richer.

Where does it say that? I didn't find it in your link nor did I find it in the bill.

https://www.commerce.senate.gov/services/files/1201E1CA-73CB-44BB-ADEB-E69634DA9BB9

 

[Toro]

the better way to do that is through private investors

It is through private investors. Private investors are getting tax subsidies to build in America. Governments do this all the time, D or R.

Much of the semiconductor industry is in Taiwan. TSMC is a huge company. If China invades Taiwan and refused to sell us chips, or blew up the foundry, our economy would collapse.

I don't like this type of stuff. But since "globalism" is now a dirty word on the alt-right and the left, and Everything China is Evil, you're going to see more and more of this "de-globalization" as we re-engineer supply chains back away from Asia. Isn't that what the alt-right wants? Trump tried to do this with trade taxes and failed miserably.

 

[toobfreak]

Do you want manufacturing in this country again?

The question is do YOU want manufacturing in this country again?

Or are you just stuck in partisan political football mode because you can't see past your alt-right views?

Good question for yourself, if you are ever NOT stuck in your own partisan mode because you never see past your own neo-Marxist views?

 

[JackOfNoTrades]

The question is do YOU want manufacturing in this country again?


Good question for yourself, if you are ever NOT stuck in your own partisan mode because you never see past your own neo-Marxist views?

You're way too late to the party here.

 

[B. Kidd]

You're way too late to the party here.

No he's not.
Trump would've met with chip manufacturer CEO's in person to assess their capabilities and needs.
I don't remember Bi-Dung doing this.