Judd Legum

@JuddLegum ↗

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Last Checked Aug. 7, 2022

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Thu Jul 21 11:11:45 +0000 2022

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Judd Legum @JuddLegum

2. The bill, called the CHIPS Act, is intended to address a very real problem: the shortage of computer chips. The bill incentivizes domestic chip production. But even supporters of the bill admit it won't solve the current shortage New factories take years to construct — PolitiTweet.org

Posted July 21, 2022

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Judd Legum @JuddLegum

1. There is a massive lobbying and PR campaign to convince Congress to provide $76 billion in taxpayer subsidies to the highly-profitable computer chip industry. And it appears to be working. Does this make any sense? Let's dig in. https://t.co/B2hAqa3VYw — PolitiTweet.org

Posted July 21, 2022

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Judd Legum @JuddLegum

3. Meanwhile, the shortage is already easing and some analysts are predicting that supply will outstrip demand "in the second half of 2022 or 2023." https://t.co/B2hAqa3VYw — PolitiTweet.org

Posted July 21, 2022