Breaking Ground: A visit to the “Silicon Desert”
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 30 April 2024
⏱️ 26 minutes
🧾️ Download transcript
Summary
Phoenix has been in the semiconductor business for a while now, but the Biden administration is taking it to another level by sending a major infusion of cash to tech companies in the desert city to expand chip-making capabilities. In this episode, “Marketplace” host Kai Ryssdal visits Phoenix with Washington Post columnist Heather Long. They dig into the challenges of rebuilding the country’s semiconductor industry.
Transcript
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| 0:00.0 | Hey Marketplace listeners, you know around here we like to think you're never too young to learn about the economy and financial basics. |
| 0:05.6 | That's why we're bringing the million bazillion live tour to school to teach important lessons about budgeting, investing, saving, and more. |
| 0:12.8 | It's all the fun of the podcast, but now live, |
| 0:15.4 | immersive and interactive. |
| 0:17.4 | Special thanks to our tour partner, Green Light, |
| 0:19.8 | the debit card and money app for kids and teens. |
| 0:22.6 | Learn more about greenlight at greenlight.com |
| 0:25.1 | slash million. |
| 0:26.4 | That is green light dot com slash million. |
| 0:30.3 | On the program today turns out if you build it they really will come from American public media. |
| 0:38.0 | This is market plans. In Los Angeles, on Kai Rizdahl, it is Tuesday, today the 30th of April. |
| 0:52.2 | Good as always to have you along everybody this will I believe sound familiar |
| 1:09.0 | Specifically it's the sound of an apartment building going on, this one in downtown Phoenix, Arizona. We were there last month to do some stories for our series Breaking Ground |
| 1:14.4 | about how the Inflation Reduction Act, the Bipartisan Infrastructure Law, |
| 1:18.0 | and the CHIPS Act are changing this economy in complicated, |
| 1:22.0 | invisible, and sometimes contradictory ways. |
| 1:27.0 | The Chips Act is especially relevant here in Phoenix. |
| 1:31.0 | Nice job parallel parking while everybody watches. |
| 1:33.0 | I know, not too bad. |
| 1:35.0 | That's Heather Long. |
| 1:36.0 | You've heard her on our air on Fridays for years. |
| 1:39.0 | She's a Washington Post columnist and an editorial board member. |
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