America’s chip shortage, taking advantage of anti-poverty programs, and an update on the conflict in Ethiopia.
Still far from peace in Ethiopia With thousands dead, hundreds of thousands displaced, and millions hungry and without basic supplies, the conflict in Ethiopia between the government and Tigray People’s Liberation Front threatens the stability of the whole region. Despite some signs of progress from the Ethiopian government, Vanda Felbab-Brown writes that there is little hope for the prospect of a rapid and lasting negotiated settlement. Read more | Narrowing the racial wealth gap using the EITC and CTC The Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) can have a real effect on America’s racial wealth gap because they offer chances to increase income and financial stability across a person’s lifetime. A serious consideration of reforms to both would help take full advantage of these anti-poverty programs’ potential for racial equity, argue Nora Cahill and William Gale. Read more | The chip shortage won’t be fixed without major federal investment Intel’s new plan to build a $20 billion semiconductor plant in Ohio has been hailed as a “game changer” by President Biden, but the announcement should not divert attention away from America’s broader chip problems. Mark Muro and Robert Maxim stress the importance of a multiyear strategy to restore the U.S. semiconductor industry. Read more |
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