Commentary In August, the Biden administration and Congress celebrated their third legislative victory in less than a year. As with Russia’s invasion of Ukraine, they are celebrating Pyrrhic victories. As Russia’s invasion will seriously undermine Russia’s living standards, President Joe Biden’s massive government expansion will stifle U.S. growth for years to come. It often takes…
Biden’s Pyrrhic Legislative Victories
August 26, 2022
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How CHIPS for America Act Chips Away at America’s Economic Freedom
July 26, 2022
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Commentary Congress and the Biden administration are gearing up a bloated Creating Helpful Incentives to Produce Semiconductors for America Act, but the CHIPS for America Act runs the real risk of chipping away at America’s economic freedom and competitiveness, rather than enhancing it. The Senate is scheduled this week to vote on the bill, whose…
Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Chip Shortage
WASHINGTON—President Joe Biden called for a significant investment to revitalize American chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…
Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Shortage
WASHINGTON—President Joe Biden called for a significant investment to revitalize U.S. chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…
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