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Wednesday, January 11, 2023

Biden's Make Mexico Great policies

Biden's open borders policy has seen millions of illegal aliens stream into the country like ants headed to a sugar cube.

But that's not the worst. Biden got a Democrat Congress to pass the CHIPS and Science Act. It may as well be the fish and chips act because it does not really build America's chips industry as much as it does Mexico's.

The White House said, "The CHIPS and Science Act provides $52.7 billion for American semiconductor research, development, manufacturing, and workforce development. This includes $39 billion in manufacturing incentives, including $2 billion for the legacy chips used in automobiles and defense systems, $13.2 billion in R&D and workforce development, and $500 million to provide for international information communications technology security and semiconductor supply chain activities. It also provides a 25 percent investment tax credit for capital expenses for manufacturing of semiconductors and related equipment. These incentives will secure domestic supply, create tens of thousands of good-paying, union construction jobs and thousands more high-skilled manufacturing jobs, and catalyze hundreds of billions more in private investment."

On Tuesday, we learned the $52.7 billion giveaway will help Mexico build its semiconductor manufacturing. The occasion was a meeting of Biden, Trudeau and Mexican President Andrés Manuel López. 

Bloomberg reported, "President Joe Biden privately urged his Mexican counterpart to enact new policies to capitalize on the US drive to boost domestic semiconductor production, part of a push to shift supply of some key technology components from Asia to North America."

By North America, Biden means mainly Mexico.

Bloomberg also said, "Commerce Secretary Gina Raimondo, whose department is leading the implementation of chips spending, said on a visit to Mexico City in September that Mexico can benefit both from the manufacturing facilities for semiconductors and also from testing, packaging and assembly of chips. The CHIPS Act, which the US Congress passed last year, will create jobs and opportunities for the US and its southern neighbor, she said."

So much for America first.

The Wall Street Journal reported, "U.S. officials say semiconductor companies building new manufacturing facilities in the U.S. would like to put parts of their supply chain in Mexico."

Once again, Corporate America sells us out for cheap labor.

Why not build parts in West Virginia?

Oh wait, we voted for Trump. 

The story also said, "Canada benefits from provisions in the Inflation Reduction Act, which includes a $7,500 tax credit to buy electric vehicles made in North America, including Canada and Mexico."

Be American, buy Mexican or Canadian?

Reuters reported, "The United States said the region would in early 2023 organize a semiconductor forum to increase investment in the strategic high-tech industry dominated by Asia.

"The White House said coordination would be needed on semiconductor supply chain mapping to identify needs and investment opportunities in making chips that are used in everything from telecoms to carmaking and defense.

"Mexico's hopes of benefiting from the push to boost semiconductor output have been undermined by the energy dispute, with Washington and Ottawa starting formal dispute settlement proceedings against Mexico's policies in July."

That has not been resolved. Yet.

I wonder who in Mexico hired Hunter. Maybe he sold some paintings there because we all know that Biden like Obama has a pay-to-play foreign policy.

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16 comments:

  1. Will Mexico be there when The Comedian of Ukraine calls for "American" ground troops? Or will they turn from "globalist Americans" to "nationalist Mexicans"?

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  2. make mexico great will result in fewer migrants from there - so that is good!

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    Replies
    1. The flow of drugs and their associated violence with continue unabated.

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    2. Wrongo, Narayanan, the wetbacks invading US aren't educated to use chips, much less build them. The Invasion will continue unabated.

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  3. Having trouble commenting on either column. Does not reconize phone, or password this finally worked-for now..

    ReplyDelete
    Replies
    1. I've had to use four different browsers, two different computers, five different google logins, to occasionally being able to post. Good luck, you'll need it.

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  4. I think Biden cut another another of his great deals with Mexico. He agreed to sending them billions of dollars if they would continue sending us their poor and uneducated residents.

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    Replies
    1. And the contents of their jails and prisons.

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  5. This makes sense. The chips we are having trouble with are mid and low level chips, not the high level chips which we already build in the US in quantity. Mexico wage rates and workforce skill justifies working on the low end chips. We would struggle to afford to do it here, and we need our workforce to do more important things. Lots of manufacturing coming back to North America, will be more than enough jobs for everyone.

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  6. This comment has been removed by the author.

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  7. From the horse's mouth:

    https://www.whitehouse.gov/briefing-room/statements-releases/2023/01/10/declaration-of-north-america-dna/

    Sure looks like a treaty to me - is Biden going to get 2/3rds of the Senate to confirm this?

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    Replies
    1. Pshaw. They don't need no stinkin' treaties. They're democrats.

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    2. I don't recall Obamao ever getting Senate 2/3rds votes, didn't even try most times.

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  8. Like everything else that is stupid coming from the Biden admin their little grift has a bit of a problem entering a global recession.
    1) China can make it even cheaper.
    2) Who are you going to sell your products to?
    In a functioning economy be it domestic or global you need two key components.
    1) Manufacture and distribution
    2) Buyer
    Otherwise you have warehouses full of useless junk.
    Send Joe and Cartel a quick note: Gringo needs money to buy your reverse engineered garbage.

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  9. Enviros made it impossible to manufacture chips in the USA.

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