Democrats Demand Stronger Labor Protections in US Chips Push

[Omaha Steve]

Source: MSN-Bloomberg

Story by Mackenzie Hawkins • 2h

(Bloomberg) -- Congressional Democrats demanded in a letter Thursday that the Biden administration add more labor protections to its initiative aimed at boosting US semiconductor production.

More than 100 lawmakers asked Commerce Secretary Gina Raimondo to strengthen labor protections in implementing the 2022 Chips Act, which set aside subsidies worth $100 billion to convince chipmakers to build in the US.

The group wants the government to impose requirements around wages, training and the right to organize in pending contracts with companies like Intel Corp., Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. They also want worker-led safety committees included in negotiations.

Those steps are necessary given the “significant, longstanding opposition to worker organizing in the semiconductor industry and lingering safety concerns regarding the semiconductor manufacturing process,” the letter said. Signatories include Representative Donald Norcross, the New Jersey Democrat who is co-chair of the Labor Caucus, and Representative Alexandria Ocasio-Cortez of New York.


Read more: https://www.msn.com/en-us/money/markets/democrats-demand-stronger-labor-protections-in-us-chips-push/ar-BB1j7MJA

[PatrickforB]

1. It isn't just labor protections that are wrong with this bill.

In Colorado, one company, ONE COMPANY, has been awarded $90 million.

One.

Company.

$90

Million.

Dollar.

This could fund the entire Workforce Development system in Colorado for three years.

AND ALL THIS MONEY WENT TO ONE COMPANY.

There is something REALLY wrong with that.