The president’s parade of ad hoc deals with companies benefits his political allies and punishes enemies, but doesn’t enhance national greatness.
CHIPS and Science Act
Posted inPolitics
In Defense of Everything-Bagel Liberalism
Critics warned that the Biden administration put so many conditions on the grants it offered to semiconductor manufacturers that the centerpiece of its industrial policy would fail. Those conditions turned out to be key to the program’s success.
Posted inMagazine
Trump vs. Biden: Who Got More Done on Legislation?
Biden, a veteran lawmaker, patiently worked with his congressional opponents and signed many major bills. Trump, an inexperienced hothead, did not.
Posted inMagazine
Trump vs. Biden: Who Got More Done on Trade?
Trump’s break with the Washington consensus led to a costly trade war. Biden’s created a new global trade paradigm that is boosting American jobs.
Posted inMagazine
How Congress Got Smart on Tech
Four years ago, lawmakers re-created an in-house agency to advise them on science and technology issues. Taxpayers are already benefiting.
Posted inPolitics
Two Cheers for the New CHIPS and Science Act
A mammoth new bipartisan law will boost research and give semiconductor makers billions to build their wares in America. But it doesn’t tackle antitrust, diversification, and other woes hindering the U.S.
