Businessman

There are many ways in which Trump operates differently than Biden and one has to do with Trumps view of private business. Case in point is Biden’s CHIPS Act. This act provided $52 billion in subsidies and tax credits to domestic chip research and manufacturing. Trump on the other hand offered $160 billion to Intel, to bolster domestic chip production but as collateral, the government received 344 million shares in Intel. Their goal is once again to become the world’s leader in chip manufacturing and if they are successful, the government can redeem their investment by selling the stock. This happened because Trump is first a businessman and second a politician. This same, thinking outside the box approach, was seen in Trump’s first term when he demanded that the Covid vaccine be fast tracked (operation warp speed) while most politicians would have followed the old tried and true method. This Covid vaccine was developed in less than one year while the previous record was the mumps vaccine in 1960 which took four years. The average for a new vaccine is 12 years.