On August 9, President Biden signed the bipartisan CHIPS and Science Act of 2022 into law. Today, the president is in my home state, touting the legislation at the IBM facility in Poughkeepsie, New York. The bill provides $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. The White House
This package is loaded full of socialism... for the corporations, they call it subsidies and research grants. About $200 Billion of research for the chip industry and $50 Billion for them to build factories.
We need to start calling their subsidies, grants, tax incentives what it is... Socialism for the Corps.
'Significant bipartisan support' = 'perceived key component of US's on-going policy of military Keynesianism'. This policy will therefore likely exist independent of who US citizens vote for.
This package is loaded full of socialism... for the corporations, they call it subsidies and research grants. About $200 Billion of research for the chip industry and $50 Billion for them to build factories.
We need to start calling their subsidies, grants, tax incentives what it is... Socialism for the Corps.
We the People need to benefit, not A Few People.
'Significant bipartisan support' = 'perceived key component of US's on-going policy of military Keynesianism'. This policy will therefore likely exist independent of who US citizens vote for.
Loved it. Send us some more please.
What does OBJ mean within the comments?