U.S. still depends on China, despite years of onshoring efforts. Reminds me of that time when one president signed a bill to move chip production to the US then the next president raided the chip-making facility and arrested all those chip-making people for trying to show the locals how to make chips.

one president signed a bill to move chip production to the US then the next president raided the chip-making facility and arrested all those chip-making people for trying to show the locals how to make chips Chip making production has begun to migrate largely as a consequence of the Trump tariffs. The Biden plan to send Intel a few billion in kickbacks in exchange for a chip fab industry that wasn’t the laughing stock of the planet only enriched shareholders and executives. I’m not sure what you’re referring to. Maybe Operation Low Voltage, which was a raid on a Hyundai battery plant in Georgia? I can’t find anything about a raid on a chip fab plant. In fairness to Trump leadership, a bunch of these workers were, in fact, overstayed on their visas. Although, as usual, Trump sent guys in with shotguns to do what a sternly worded letter would have just as easily accomplished. But these are the two faces of Western Capital. The bailout and the beat down. Liberals throw money at the problem. Conservatives slap you around on the thinnest pretexts. Neither president seems to have benefited the US domestic consumer.