US semiconductor manufacturing push stalling as election season looms

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Good morning, happy Saturday!

Legislation meant to enhance the Unites States semiconductor manufacturing has been on the back-burner for a while now. But with a bill now circulating in Congress that could give the US a better chance to compete with China, both parties seem to have bigger fish to fry.

Check out today’s featured article from MSN for details on why partisan issues seem to be shifting away from semiconductor manufacturing, and how this may affect the transportation industry. ☕️

Kimmy Schmidt from the Netflix show Unbreakable says, "Being in Congress must be fun!"

Kimmy Schmidt Netflix GIF By Unbreakable Kimmy Schmidt via GIPHY


Featured Article:

Biden’s $52 Billion Chips Plan Stuck; Lawmakers Eye Election (msn.com)

“Long-stalled legislation to boost US semiconductor manufacturing and strengthen competitiveness against China risks collapsing in Congress, with Republicans growing skeptical of the measure as midterm elections near and Democrats focusing instead on gun violence.”

read entire MSN article here

Water Cooler Topics

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📈 Inflation has risen 8.6% in May of 2022, marking the largest growth in the consumer price index since 1981. Food and energy are the main culprits, but inflation has touched almost every inch of every industry. With rising inflation, real wages declined 0.6% despite many wage increases given to employees. The fuel costs have risen 106.7% over the past year.

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Read more from Overdrive Online ▶


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A recent Logistics UK survey dubbed, “the May 2022 Performance Tracker,” concluded that 75% of logistics companies are dealing with rising costs. Fuel costs alone are being reported by almost half of responders to have risen over 25% from last year.

Particularly in the United Kingdom, Brexit policies is causing another hiccup in the supply chain.

Read more from Reuters Events ▶


Quote of the Day:

Freeway over a river stretching through a city.

“Best startups generally come from somebody needing to scratch an itch.”

— Michael Arrington, founder and co-editor of TechCrunch



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