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Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law (www.cnbc.com)

submitted 1 week ago by tuxbot@infosec.pub to c/economy@lemmy.world

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[–] conciselyverbose@sh.itjust.works 17 points 1 week ago (7 children)

"That chip deal is so bad,” Trump said. “We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here, and they’re not going to give us the good companies anyway.”

What does that even mean? 🤦‍♀️

[–] rand_alpha19@moist.catsweat.com 2 points 1 week ago (2 children)

Without any context it almost sounds like he was hoping to nationalize a chip company. Knowing Trump, he means that only the "bad" chip companies (i.e., he can't name them so they don't matter) were incentivized by the act to build in America.

[–] Heikki@lemm.ee 3 points 1 week ago

He probably thinks it's potato chips and not computer chips. He can't imagine it would cost so much to produce potato chips.

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