{"id":117814,"date":"2021-04-12T20:45:07","date_gmt":"2021-04-13T03:45:07","guid":{"rendered":"http:\/\/69.46.6.243\/?p=117814"},"modified":"2021-04-12T20:45:07","modified_gmt":"2021-04-13T03:45:07","slug":"president-biden-at-a-virtual-ceo-summit-on-semiconductor-and-supply-chain-resilience","status":"publish","type":"post","link":"https:\/\/new.thepinetree.net\/?p=117814","title":{"rendered":"President Biden at a Virtual CEO Summit on Semiconductor and Supply Chain Resilience"},"content":{"rendered":"<p>Washington, DC&#8230;Well, look, the reason I\u2019m here today is \u2014 all of these technology manufacturing leaders around the country and all over the world on the screens \u2014 is to talk about how we strengthen our domestic semiconductor industry and secure America\u2019s supply chain.  This is an issue that has broad support in United States Congress.  We\u2019ve talked about whether or not we\u2019re doing anything in terms of bipartisanly.  Well, we are.  Both sides of the aisle are strongly supportive of what we\u2019re proposing, and I \u2014 and where I think we can really get things done for the American people.<\/p>\n<p><iframe loading=\"lazy\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/sWAa10ljxLA\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>In fact, today, I received a letter from 23 senators \u2014 bipartisanly \u2014 and 42 House members \u2014 Republican and Democrats \u2014 supporting the CHIPS for America program. <\/p>\n<p>Now, let me quote from the letter.  It says, the Chinese Communist Party is \u2014 \u201caggressively plans to reorient and dominate the semiconductor supply chain\u2026\u201d  And it goes into how much money they\u2019re pouring in to being able to be able to do that.  But I\u2019ve just \u2014 I\u2019ve been saying for some time now: China and the rest of the world is not waiting, and there\u2019s no reason why Americans should wait. <\/p>\n<p>We\u2019re investing aggressively in areas like semiconductors and batteries.  That\u2019s what they\u2019re doing and others; so must we.  We are seeking a significant investment in the \u2014 in this piece of legislation.  And it\u2019s important, but we know it\u2019s not sufficient. <\/p>\n<p>The American Jobs Plan that I\u2019ve put forward is part of \u2014 about revitalizing American manufacturing and securing our supply chains, investing in research and development, as we used to, in a very healthy manner. <\/p>\n<p>But it\u2019s also about much more than that.  It\u2019s about investing in infrastructure \u2014 and infrastructure not for the 20th century, but the 21st century.  It\u2019s not just roads and bridges; we\u2019re investing in water systems so Americans can have clean water infrastructure.  We\u2019re investing in high-speed rail infrastructure.  We\u2019re building charging stations to support America\u2019s electric future \u2014 electric vehicle future and investing in that infrastructure; and building out America\u2019s supply chain so we never again are at the mercy of another country or any other nation for the critical needs.  That\u2019s what we\u2019d mean by investing in infrastructure.<\/p>\n<p>And we\u2019re investing in a more resilient grid, investing \u2014 I understand you discussed that a little bit earlier today.  Investing as well in asbestos-free schools for our kids \u2014 that\u2019s investing in infrastructure.  Building a support system to take care of our elderly parents and our kids with disabilities at home so that people can go to work \u2014 that\u2019s investing in infrastructure. <\/p>\n<p>Chips, like the one I have here \u2014 these chips, these wafers, are batteries, broadband; it\u2019s all infrastructure.  This is infrastructure. <\/p>\n<p>So, look, we need to build the infrastructure of today, not repair the one of yesterday.  And the plan I propose is going to create millions of jobs, rebuild America, protect our supply chains, and revitalize American manufacturing.  And it\u2019s going to make America research and development a great engine again.<\/p>\n<p>We led the world in the middle of the 20th century.  We led the world toward the end of the century.  We\u2019re going to lead the world again.  We\u2019re going to lead it again in the 21st century.<\/p>\n<p>We\u2019re \u2014 we have the best minds in the country; many of them are on the screen right now.  And they know better than anyone that our competitiveness depends on where you invest and how you invest. <\/p>\n<p>For too long as a nation, we haven\u2019t been making the big, bold investments we need to outpace our global competitors.  We\u2019ve been falling behind on research and development and manufacturing.  And put it bluntly, we have to step up our game. <\/p>\n<p>And I\u2019m not ready to give up.  I\u2019m ready to work with all of you, with the Congress \u2014 both parties \u2014 to pass the American Jobs Plan and to make a once-in-a-generation investment in America\u2019s future. <\/p>\n<p>Again, we\u2019ll provide the innovation and spur breakthroughs.  And we need \u2014 we need the support \u2014 all your support \u2014 on the screen and others, in order to get this work done.  And we need you, in turn, to support the American workers and American communities in every part of the country. <\/p>\n<p>This is a moment for American strength and American unity; for government, industries, communities to work together to make sure that we\u2019re ready to meet the global competition that lies ahead, not continuing to slide in terms of our investment.  We\u2019re ranked, like, number 25th in the world now.  That\u2019s not American. <\/p>\n<p>So I want to thank you all very much.  And I appreciate all the time you\u2019ve given us.<\/p>\n<p>Q    Mr. President, could you speak to the issue in Minnesota, please, sir?<\/p>\n<p>AIDE:  Thank you, guys.  Let\u2019s go.<\/p>\n<p>Q    Wait.  The President is going to speak.<\/p>\n<p>THE PRESIDENT:  Whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa.  Hang on, just a second.<\/p>\n<p>Q    Mr. President, would you like to \u2014<\/p>\n<p>THE PRESIDENT:  Wait, wait.  Wait a \u2014<\/p>\n<p>Q    \u2014 speak to the issue in Minnesota?<\/p>\n<p>THE PRESIDENT:  Well, wait a second.  What I\u2019m going to do \u2014 I\u2019m going to see you all again in a few minutes.  I just took \u2014 taken the time, even though I was a few minutes late, to listen to the press conference.  I\u2019m preparing a statement, and I\u2019ll be happy to talk with you at the next meeting. <\/p>\n<p>Okay?  Thank you so much. <\/p>\n<p>1:39 P.M. EDT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington, DC&#8230;Well, look, the reason I\u2019m here today is \u2014 all of these technology manufacturing leaders around the country and all over the world on the screens \u2014 is to talk about how we strengthen our domestic semiconductor industry and secure America\u2019s supply chain. This is an issue that has broad support in United States [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":117815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20,5,1],"tags":[],"class_list":["post-117814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-government","category-news","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2021\/04\/Fullscreen-capture-4122021-84140-PM.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/117814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117814"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/117814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/117815"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}