And it is taking place on President Biden's watch. Intel announced it will build a $20 billion chip factory in Ohio to address the shortage that exist today for technology chips that run almost everything. The new facility is expected to employ 3000 workers and 7000 construction jobs. The new facility will also support tens of thousand workers for suppliers and partners the reported stated.
In another report expected to be announced soon, General Motors will invest $6.5 billion in Michigan to build a new electric vehicle battery facility and a third electric vehicle factory that would create a total of 4000 new jobs. both announcements, when they actually take place will return manufacturing to the so called "rust belt" and lessen the need of overseas jobs.
The commitments are good news for the country, its people and the economy and is in line with President Biden's plans to grow the electric vehicle market and relieve the shortage industries face on tech chips caused by major shut downs due to COVID. It is also an endorsement of the President's long term plans for the U.S. economy and America's ability to compete world wide.
So, despite the noise machine and the GOP's do nothing attitude and obstruction, the President's policies are providing the thrust to move the country forward. The GOP will continue their disinformation campaign to divide the country before the November congressional elections in an attempt to take control of congress, so the voters will have to stay vigilant. And as Politidose predicted in commentary before Biden took office, the country and its people are seeing better times with a democrat in the White House and the reasons why.
This commentary written by Joe Lorio
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