Saturday, August 03, 2024

No wonder corporate profits were up!-----Biden-Harris wasted $8.5 billion in taxpayer money to lose 15,000 jobs at Intel

But today, the failures far outweigh the successes — and in spectacular fashion. - Stephen Moore and Phil Kerpen
  • Biden originally touted the "Chips Act" to bring the semiconductor industry back home from Taiwan, China and Singapore.
  • Well, ladies and gentlemen: the chips are down — literally and figuratively...
  • The price tag on the bill: a cool $280 billion of corporate handouts. 
  • It was arguably the largest corporate welfare bill in American history...

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