On the same day before Biden spoke with reporters, the Department of Justice announced that they will be terminating a China-focused antiespionage program because “of perceptions that it unfairly painted Chinese Americans and US residents of Chinese origins as disloyal.”
Next up was a passing comment Biden made during his State of the Union address.
Biden was requesting that Congress pass his Innovation Act.
We used to invest almost 2 percent of our GDP in research and development. We don’t now. Can’t — China is.
Let me give you one example why it’s so important to pass.
If you travel 20 miles east of Columbus, Ohio, you’ll find a thousand empty acres of land. It won’t look like much. But if you stop and look closely, you’ll see a “field of dreams” — the ground on which America’s future will be built.
That’s where Intel, the American company that helped build Silicon Valley, is going to build a $20 billion semiconductor “mega site.” Up to eight state-of-the-art factories in one place. Ten thousand new jobs. And in those factories, the average job — about $135 — $135,000 a year.
Currently, Taiwan is one of the largest producers of semiconductors in the world, and if China takes Taiwan the rest of the world would have to go through the CCP to get them.
That’s why Joe wants to increase the domestic production of semiconductors because it appears he isn’t going to do much to protect Taiwan.
Wouldn’t it be nice if he used the same principles with domestic oil production?
Folks, I wouldn’t want to be living in Taiwan right now. It doesn’t appear that Joe is going to do anything to help them.