Does Joe Biden have his legislative groove back? Nightly reports 👇
The bill passed despite a last-ditch effort by House Republicans to whip against the legislation, inManchin-Schumer reconciliation deal — another opportunity for Democrats and Biden to score ahead of November.
We live in the age of the semiconductor, which is an essential component of everything from appliances to cars to electronics. Almost anything you can name has a semiconductor, and the United States, historically, and from a technological vantage point, has been a leader in the development of the semiconductor industry.
Then from an economic security angle — if you can’t get semiconductors, you can’t make cars. You can’t manufacture appliances. You can’t do a lot of things that the American people rely upon and the economy is dependent upon. On the inflation argument, it’s the same judgment call. I would argue the relationship between investment in manufacturing capability and jobs to inflation, I think, is pretty weak.
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