Even though the Republicans try to punish blue states whenever they can (2017 Tax Act SALT Cap) Democrats passed legislation that will help Ohio and other Republican leaning states. The Chips Act was pushed through by Democrats and signed by Biden bringing billions of dollars in subsidies to build factories in Red states.
“The federal subsidies, part of the Chips Act signed into law last month, are sparking a wave of chip investment. Micron is holding its own groundbreaking ceremony on Monday for a $15 billion chip factory near its headquarters in Boise, Idaho. Chip maker Wolfspeed on Friday announced plans to build a new manufacturing facility in Chatham County, North Carolina” Taiwan’s TSMC, the world’s largest chip maker, has said it will seek subsidies for a $12 billion factory that it has begun building in Phoenix and is aiming to finish late next year” And a partnership between SkyWater Technology and Purdue University will apply for a federal subsidy to build a new $1.8 billion factory and research facility next to the university in West Lafayette, Ind” Nearby states are hoping to benefit from the cluster of suppliers that industry experts say is bound to develop around the Ohio site. Giant chip factories need chemicals, blank silicon wafers to etch, and equipment and service providers.
“Microelectronics occurs in clusters. We believe Indiana and Ohio are a cluster,” Indiana’s Secretary of Commerce Brad Chambers said in an interview this week. “That Silicon Heartland concept I think is real.”
ALL RED STATES. ALL BENEFITING FROM LEGISLATION PASSED BY BIDEN
Does this make Democrats suckers? Are Red state Americans too dumb to know who helped them?