Public money, public factories? There is nothing public, just free money for the private sector.
It's strategically important
You could also help defend Taiwan against illegal annexation and then you wouldn't need to have those facilities on-shore.
Repealing the CHIPS Act risks US national security
41–50 of 64 posts
Re: Repealing the CHIPS Act risks US national security
#42Was national security impaired four years ago before the CHIPS Act? That said I like the CHIPS Act in principle. We should have real industrial policy.
I mean, that was the theory of passing the bill, yes. You can question that theory, but it's not like some new explanation for the purpose of the law.
Re: Repealing the CHIPS Act risks US national security
#43Re: Repealing the CHIPS Act risks US national security
#44Was national security impaired four years ago before the CHIPS Act? That said I like the CHIPS Act in principle. We should have real industrial policy.
Yes? Because during COVID, the supply of microchips became a really big issue.
I bought a 2024 Prius last year in Feb and didn't get my second key fob until this year, Feb, because of supply chain issues with microchips.
Now imagine an actual war where China takes Taiwan.
Re: Repealing the CHIPS Act risks US national security
#45[dead]
Re: Repealing the CHIPS Act risks US national security
#46Just cancel it, make a new Act with a different name and equal purpose, claim victory. Seems to be the most likely procedure with the current administration.
Easier: Make some trivial amendment to it (does not need to be ratified), and then just start calling it something else. "It was a disaster, but We Fixed It because I'm your favorite."
“Only I can fix it. Tortilla chips (those are gang chips) taking up too much room on the table. Don’t know why you’d stick up for gang chips. Potato chips belong. ”
Re: Repealing the CHIPS Act risks US national security
#47Earlier quoted context omitted.
Trump replaced NAFTA with USMCA during his first term. He claimed it was the best deal ever. This term, he's claiming the deal is terrible and starting a trade war (which is likely not winnable and probably ends up settling for something approximating NAFTA again). Which is it? Best deal ever, or crap? He's lying about one.
So I searched for "NAFTA USMCA difference" and there are a lot of articles that describe the differences. I agree that Trump sometimes exaggerate stuff, but that does not mean that there is nothing is there. I think It is very dishonest to claim that all the current administration is doing is just continuing what the previous ones did, but with changed names.
The point of the argument you were replying to was that Trump signed the USMCA in his first term, but it's now saying it's a terrible deal for the US and reason enough to start a trade war with Canada over.
A deal he himself signed.
Trump doesn't just exaggerate. Trump outright lies. Minute by minute.
Re: Repealing the CHIPS Act risks US national security
#48Was national security impaired four years ago before the CHIPS Act? That said I like the CHIPS Act in principle. We should have real industrial policy.
Yes. Not been able to build the things required for national security within your own boarders represents a risk to national security.
Having them all manufactured at the same place, a risk to national security. Having a single supplier, a risk to national security. Day of the week ending in y, a risk to national security.
Re: Repealing the CHIPS Act risks US national security
#49Earlier quoted context omitted.
So I searched for "NAFTA USMCA difference" and there are a lot of articles that describe the differences. I agree that Trump sometimes exaggerate stuff, but that does not mean that there is nothing is there. I think It is very dishonest to claim that all the current administration is doing is just continuing what the previous ones did, but with changed names.
Trump signed USMCA. Now he claims some idiot did USMCA.
Both facts check out.
Re: Repealing the CHIPS Act risks US national security
#50Earlier quoted context omitted.
pepperidge farm remembers when the same thing could be said of closing departments like Department of Education and USAID lol.
It still can, at least so far. But courts are slow.
> But courts are slow.
You ever heard the thing about how if you throw a frog into a pot of boiling water it'll jump out but if you put it in cold water and slowly turn up the heat it'll cook? That's us. We are cooked.