WASHINGTON, Feb 28 (Reuters) – The Biden administration on Tuesday said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.
Biden to require chips companies winning subsidies to share excess profits
Tag: Semiconductor Industry Association
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive
America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage
Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”
Related:
How manufacturing chips in the US could make smartphones more expensive
Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.
Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼♀️
US ‘Chips Alliance’ scheme will exacerbate global chip crunch
How to Debunk Atlantic Council’s Anti-China “Uyghur Genocide” Lies
Article: How to Debunk Atlantic Council’s Anti-China “Uyghur Genocide” Lies
YouTube: How to Debunk Atlantic Council’s Anti-China “Uyghur Genocide” Lies
The Atlantic Council has released a report claimed across the Western media to provide additional evidence of “genocide” in China’s western region of Xinjiang. However, in less than 5 minutes of research it is possible to expose the report as propaganda built on existing, baseless claims coupled to known information about World Bank and other institutions funding activities inside China.
I show how the Atlantic Council uses facts like World Bank funding to help sneak past readers otherwise baseless claims regarding “genocide,” “forced labor,” and other alleged abuses.
I discuss who is behind the Atlantic Council, why they are deliberately lying about China, and how by the Atlantic Council’s own admission, their goal is to subordinate China to US global interests.
These are videos made 3 times weekly (Monday, Wednesday, and Friday) published first for Platinum Sponsors and above as well as for supporters on “Buy Me a Coffee,” then made public later on in the week. Thank you for your support and making this work possible!
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