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Subsidy for big tech it's called the chips bill. the idea is to bring semiconductor manufacturing back to america. right now we have a 10% market share. we just spent $40 billion in a giveaway to big tech do and how much is going to increase our market share? 1% of our infrastructure bill which is not really an infrastructure bill. i did not vote for because i'm not going to buy a car to get the cupholders. if you want to stop savings we just stop sending debt checks to dead people we spent a billion or to send checks to dead pe people. the checks are being cashed, its obsolete fraud. the pres...

China is investing in economic areas, they have $500 billion in intellectual property theft, and we are in a competition not just on our nation's security basis, but on a technology basis. that's why national security now includes telecommunications, satellites, artificial intelligence, quantum computing. each of these domains we've got to the make the kind of investments to stay ahead. i think we're starting that in a bipartisan way. we did the chips bill to rye to bring semiconductor manufacturing back, we've kicked autohuawei out of our -- out huawei. this week i've got a broad bipartisan b...

To be the lead author of the chips bill, and we have bolstered science and technology, and we are investing in the work component of phase two. and we want to be leading by manufacturing and made in the united states of america, and it sounds good to say, but we have to have the strategies in order to do it. >> i am sure that you agree with the commerce secretary that jamie is laying out that she views this as a national security issue. given the higenned tension of the u.s. and china right now, are you concerned that the push is going to inflame things more rather than bring the temperature d...

Operator: At this time I'd like to welcome everyone to the Summit Materials Q4 22022 Earnings Call. All lines have been placed on mute to prevent any background noise.

We reacted with a chips bill the $280,000 illustration. look educational president biden made a comment he quoted his wife at the state of the union when she said a country that out educates us outcompete us. guess what? we're being out educated. we are 38 in mass, we are 19th in science, we are 13th and reading. guess which is number one? china. russia actually is a performing as in mathematics. so education is critical to national security and we look at immigration reform, the flaw in the chinese system is that the ip of their geniuses belongs to the government. that doesn't happen here. th...