Biden Executes Socialist Redistribution of Taxpayer Cash

Biden Executes Socialist Redistribution of Taxpayer Cash

We had a sneaking suspicion that it was too wonderful to be true. A law to alleviate the shortage of semiconductors, which is having a negative impact on all businesses, was pushed through Congress.

However, the fifty billion dollars that were intended to assist companies in the construction of chip factories will instead be distributed to underrepresented groups. This means that Biden will be giving preference to companies based on factors like color and gender. It should never be said that Joe Biden can’t screw up a good situation.

A bill that will assist corporations in the construction of semiconductor plants in the United States has been passed by Congress. This was done to solve a scarcity of chips, which is having a negative impact on a variety of industries including technology, automotive, and others.

But rather than investing this money in the most successful businesses, Biden plans to use it to advance his own radical political agenda. The Department of Commerce will conduct investigations into businesses using racial and gender criteria. That is to say, they are going to judge people based on the color of their skin as well as their biology. I’m sorry, but isn’t it a little bit… prejudiced?

The previous year, Biden attempted to do this when he was only going to help farmers from minority groups (leaving the vast majority of American farmers in the lurch). Because of the discrimination, he was taken to court and ultimately found guilty. What do you believe is going to occur as a result of this situation?

There are possibly a few computer chip firms that are owned by members of underrepresented groups or by women. However, not nearly that many. The situation gets much more convoluted when you take into account the fact that many of them are owned by firms based in other countries.

Biden believes that he will be able to get some credit with the progressive side by using this money in some way. On the contrary, it’s possible that he’s breaking the law once more.

This law had the potential to be a victory for Americans and American industry on both the Democratic and Republican sides of the aisle. Instead, it is further evidence that Biden’s agenda is tainted with corruption. Let’s all cross our fingers and pray that the legal action comes at him hard and quickly.