Enacting large-scale bipartisan legislation was a minor miracle. It will take an even bigger miracle to spend all that money effectively.
semiconductors
Posted inTAP
Jason Furman’s Lazy Economics
Today on TAP: Why do reporters covering recession, inflation, and interest rates keep treating Furman as a sage?
Posted inEconomic Policy
An Industrial Policy Without Worker Protections
The domestic manufacturing bill was meant to be the new frontier of bringing good jobs to America. But workers became an afterthought.
Posted inTAP
Big Business Loves Government Spending
Today on TAP: When the spending’s on them, as it is in the CHIPS bill, which cleared a major Senate hurdle today
Posted inTAP
Capitalism’s Endemic Shortages
Today on TAP: Oil to end Russia’s stranglehold on Europe? Creating enough semiconductors? Only publicly owned companies can deliver those goods.
Posted inEconomic Policy
The Trade Fight That Could Doom Biden’s Industrial Policy
A long-awaited bipartisan bill on domestic manufacturing could run aground because of House-Senate differences over its trade chapter—reflecting intense corporate lobbying.
Posted inEconomic Policy
The Gulf States’ Tech Play
Saudi Arabia and the UAE use prodigious investments in technology firms as a political weapon.
Posted inEconomic Policy
Re-Engineering Our Supply Chains
It’s time for a coherent national logistics system, regulating and coordinating what has been privatized.
Posted inPolitics
Inflation-Fighting Legislative Agenda Takes Shape
An ocean shipping regulatory bill got attached to a broader reshoring bill. There’s now an emerging bipartisan agenda to dismantle misguided, corporate-friendly policies.
Posted inEconomic Policy
China: Epicenter of the Supply Chain Crisis
How concentrating dependence on China upended our economy and added risk