House passes bill to make USA more tech competitive!

[TEOTWAWKI inc.]

if the US govt does not help our manufacturers be competitive, China will destroy is in all manufacturing. We are bringing a knife to a gun fight and its killing our jobs.

The government has created most of the conditions that stand in the way of U.S. manufacturers being global competitors.

 

[libertysnake]

So now all the sudden the democrats have a fear of China.

U.S. recession would be 'deep and immediate' if it loses Taiwan's chips | Fortune

U.S. Commerce Secretary Gina Raimondo laid out the 'scary scenario' to urge Congress to pass the $52 billion CHIPS Act to onshore semiconductor production.

fortune.com

Election season is coming up. They’ve been sitting with their thumbs up their asses worrying about stupid pandering topics while gas is skyrocketing. They need a win if they want any chance in November. They are fucked.

 

[Saltwater60]

if the US govt does not help our manufacturers be competitive, China will destroy is in all manufacturing. We are bringing a knife to a gun fight and its killing our jobs.

The usagovernment caused this problem with trade deals, taxes, environmental regulations and other bullshit they did. They did the same with rare earth magnets and handed most production to China.
Make no mistake this has nothing to do with helping anyone expect the political parties stay in power.

 

[Acer-m14]

15 bucks a hour .. will move overseas instead or cut workers hours

USA GOVT helping Chip Manufactures in the US .. your factory has to be green .. all electric and solar / wind powered ..

Chip makers .. FU were moving to china ..

 

[Saltwater60]

Remember this is a $250 billion dollar bill that you are praising for giving $52 billion towards what you’re claiming it does, sure sounds like a democrat to me.

 

[Tisto]

More bullshit legislation that doesn't do what the name implies and the politicians promise....and you believe it's a good thing !

 

[S&W Fan]

All one needs to do is look to Buffalo to see how the state and federal gov’t “ Multi Billion dollar” tech schemes turn out.
This newest is just another federal money laundering scheme.

 

[Paxal]

Sad that we have to legislate our country into economic competitiveness.

If the people at the top were the least bit patriotic, this shit would not be needed.

 

[Paxal]

If the people at the top were the least bit patriotic, this shit would not be needed.

Let me add, if the rest of us got away from the Walmart mentality it would also help fix the problem.

 

[MothMan]

These bills will turn out well for Chyna. On the senate side Chucky left in a chunk of change for R & D in the center of the world, Chyna.

 

[tirwin1]

Who knew that all it took for the US to become competitive was for Congress to pass a bill?

Following this logic, why doesn't Congress pass bills for every industry so they become more competitive as well?

The premise behind this thread is ridiculous and people who buy into it are morons.

 

[Acer-m14]

This newest is just another federal money laundering scheme.

Federal Taxpayer money laundering scheme ...

i have never seen another country send money to the USA in the news ..

 

[Tisto]

Federal Taxpayer money laundering scheme ...

i have never seen another country send money to the USA in the news ..

Never. Earthquakes, floods, fires, locusts, any problem you can possibly name, does any country send aid ? No. But anytime any other country, even ones that are not our friends has a problem, we send planes full of food, clothing, building materials and money.

 

[spat]

It isn't that corporations get tax breaks. It's WHICH corporations get tax breaks.

This gives it to friends of the Dems. So it's ok.
If the repubs get power and give it to their friends that would be ok.
But never let your enemy's friends get it.

Corporations never actualy *pay* any taxes. They just collect them from the consumers for the government.

Consumers pay all taxes, corporations are only ever the middle men.

 

[spat]

if the US govt does not help our manufacturers be competitive, China will destroy is in all manufacturing. We are bringing a knife to a gun fight and its killing our jobs.

The US government never "helps".

At best they just hurt a little less than usual.

If you want to fight China, then tell the government to GTFW and let businesses do their business.


But, nope, government wants to steal your wallet, then have you act all grateful when they hand back $5.