 |
The American Compass PodcastAuthor: American Compass
Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nations liberty and prosperity. The American Compass Podcast features conversations on a wide variety of policy issues aimed at helping policymakers and the broader public navigate the most pressing issues that will define the future of the conservative movement in America. Language: en-us Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
How to Rebuild American Industry with Mike Schmidt
Friday, 9 January, 2026
The CHIPS Act was billed as a once-in-a-generation effort to rebuild America’s manufacturing base in a strategically vital industry. But turning legislation into functioning factories and good paying jobs requires far more than slogans about “onshoring” or wish-casting. It demands a state-sponsored investment outside of America’s typical comfort zone.Mike Schmidt, former director of the CHIPS Program Office and co-author of Factory Settings, joins Oren to discuss what it actually took to stand up the largest industrial policy initiative in decades. They explore how the government negotiated with global chipmakers, why grants and tax credits were combined, what critics missed in the “everything bagel” debate, and how permitting, labor, and geopolitical risk shaped their efforts. They close by discussing how we'll know if the CHIPS Act ultimately succeeds and the way the U.S. should think about future reindustrialization efforts.Further Reading:"Chipping Away" by Chris Griswold
