US facing enormous shortage of semiconductors & no government money could fix it, economist tells Boom Bust

infrastructure plan

US President Joe Biden has signed an executive order aimed at addressing a global semiconductor chip shortage. His infrastructure plan also includes $50 billion for the American semiconductor industry.

RT’s Boom Bust is joined by Jeffrey Tucker of the American Institute for Economic Research, who says the chip shortage problem in the US started back in 2019, or even 2018, with the disruption of supply chains from China.

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