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.
  • devnev@lemmy.dbzer0.com
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    2 days ago

    I have to assume he sees any government spending as a problem, with no concept of a government trying to financially support or stimulate the economy.

    Edit: except for when it’s his own or his buddy’s grift, then it’s fine