Craig Peterson's Tech Talk

The CHIPS Act More Billions to China? What's the Best Private Search Engine? Private Messengers Well, they did it. Yeah, it's no longer called "Build Back Better," but it's now the "Inflation Reduction Act." Imagine that. Reducing inflation by causing more inflation through massive spending. And then there's the the "CHIPS" act and, uh, yeah, government's coming for our wallets again. Oh, and this is bound to make things worse.  [Following is an automated transcript.] The semiconductor industry has been hit hard by the lockdown. [00:00:21] Of course, it just totally destroyed supply chains all over the world. Makes me wonder if this wasn't intentional, but we are dependent on not just us manufacturers for things like our cars, through our computers, through harvesting machines that farmers need. We are dependent on foreign. Nations to make our chips, our chip sets that that's kind of a bad thing. [00:00:47] When you consider right now, there is a whole lot of stuff going on over there in the south China sea,