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Biden reminds us that the U.S. Chips and Science Act is creating good jobs in South Korea

Last year Congress passed the Chips and Science Act, and President Biden then signed it, saying it will create high-paying manufacturing jobs:

The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.

The House approved the bill by a solid margin of 243-187, sending the measure to President Joe Biden to be signed into law and providing the White House with a major domestic policy victory. Twenty-four Republicans voted for the legislation.

“Today, the House passed a bill that will make cars cheaper, appliances cheaper, and computers cheaper,” Biden said. “It will lower the costs of every day goods. And it will create high-paying manufacturing jobs across the country and strengthen U.S. leadership in the industries of the future at the same time.”

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Biden mentioned that legislation today during a joint press conference with the leader of South Korea, who probably liked what he heard about the job creation:

“Build South Korea Back Better.”

He’s helped create inflation in the U.S. Does that count?

Hey, when Biden took office he said the days of Trump’s “America First” policies were over and he wasn’t kidding.

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Related:

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