Opinionated summary:

  • Despite Republican assurances, Trump called the CHIPS Act “horrible” and pushed for its scrapping, creating chaos for an industry already struggling with uncertainty.
  • The Trump administration has already sabotaged the program by laying off key staff and considering changes to the projects, showing its disdain for U.S. industrial growth.
  • Industry leaders, who have already committed billions to U.S. chip production, are now left in limbo, thanks to Trump’s shortsighted, destructive rhetoric.
  • frezik@midwest.social
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    18 hours ago

    My favorite story from the Obamacare debacle:

    The exchanges were meant for people without an employer who has health coverage to get that coverage on their own. Members of Congress and their staff are employees of the federal government, which obviously provides health insurance. They normally wouldn’t have access to the exchanges.

    Enter Sen. Chuck Grassley, R-Iowa, who figures Democrats are setting up an awful system on purpose that they would never subject themselves to because they Hate America™. Thinking he’ll call their bluff, he introduces an amendment to specifically opt Congress into the exchanges.

    Except it’s not a bluff, and Democrats think that’s a pretty great idea.

    After the ACA gets passed, Republicans run against their own amendment, twisting the facts around to claim Congress opted themselves out of Obamacare.