VideoObject"> One can make a case for billions of dollars in domestic manufacturing subsidies, especially for a sector of the economy dominated by China, the greatest threat to U.S. national security. But if the CHIPS and Science Act of 2022 is to build a semiconductor industry that can compete with China, the Biden administration will have to start making it easier to build new factories, not harder.
Asked why she included a child care mandate in the new CHIPS regulations, Commerce Secretary Gina Raimondo, who has never run a construction company or a semiconductor manufacturing firm, said, “I am kind of requiring them to pay attention to this because I know this is what they need to be successful.”
There is nothing wrong with private companies deciding to attract good workers by providing daycare. Many successful companies do that. But many successful firms don’t. Sometimes it is easier to find the best workers by paying them higher salaries or more generous benefits instead of offering in-kind services.
The United States already has the highest construction costs in the world. To bring manufacturing back on shore — whether for semiconductors, cars, or televisions — the federal government must look for ways to lower costs, not raise them.
Build back bs
Government hiring based on genetics is a violation of the Constitution.
Probably not going to be any waste and fraud in this program. 😳