The Democrat-run Congress won't approve the CHIPS act that would invigorate the U.S. semiconductor industry. As a result, TSMC isn't building its factory in Arizona, Samsung in Texas, and Intel has indefinitely frozen the construction of its Ohio plant.
Another Biden success.
Biden and Congress sooner approved $54+ billion in funding for Ukraine but it won't fund the US semiconductor industry that would have employed over 200,000 skilled workers in the United States. You couldn't make this up.
Intel CEO Pat Gelsinger is threatening to change the company's expansion plans and move development to Europe and cancel its development of US plants because the Democrat-run Congress doesn't care about semiconductors. fortune.com/2022/06/29/int…
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I don’t think Biden has a secret plan to fight inflation. It’s just going to get worse. Much worse.
The UAE and Saudi Arabia are already at peak production capacity and restarting America’s closed operations would take years and would go against the green energy transition.
Lifting sanctions on Russia and importing Russian oil would work but they aren’t going to go for it.
I predict the Fed will print more bills to give it away to Americans (and to Ukraine of course) to try and get out of this mess. It will only make everything worse.
If this is true, a bunch of zoomers just committed federal crimes.
If ya boi ain’t cappin about finessing the judges then they deadass are finna catch hands from the fedbois and high key glow up in federal prison, periodt. big yikes fr fr
Justice Clarence Thomas wants to revisit landmark defamation law to make it easier to sue news publishers buff.ly/3OKWVAH
They overturned Roe v. Wade. It's time to overturn New York Times v. Sullivan. Hold the media accountable.
If the Supreme Court repeals NYT v. Sullivan, @libsoftiktok would be able to sue Taylor Lorenz and Washington Post and actually have a good chance of winning.