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Biden’s New Plan, Will This Fail Too?

by Market FinancePosted onJanuary 21, 2022January 21, 2022

Biden is the last president that should be handling this.

As major car manufacturers struggle to produce more cars across America do to the semiconductor chip shortage in China, President Biden has now announced plans to make an investment to produce the chips right here in the United States.

In an attempt to light a fire under Americans, Biden then vowed, “There’s not a damn thing this country can’t do.”

It appears that Biden has tapped the company Intel to begin building a $20 billion complex outside of Columbus, Ohio, to start building a plant to produce semiconductor chips right here in the United States.

Biden claimed that this was a major sign of progress in his administration’s work to boost U.S. production something former President Trump urged Americans to do from the very beginning.

“To be able to say ‘made in Ohio,’ ‘made in America,’ we used to always be able to say that 25, 30 years ago,” Biden stated.

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