Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms. But life is changing. The new Wolfspeed factory that overlooks I-64 will soon produce advanced wafers for computer chips. Automaker Vinfast is scheduled to open a factory next year.
Construction continues on the Wolfspeed factory in Siler City, N.C., on March 26, 2024. The new factory will soon produce advanced wafers for computer chips. Automaker Vinfast is scheduled to open a factory next year. Both projects stem in large part from incentives that Biden signed into law. Biden has campaigned on how his policies helped pump hundreds of billions of dollars in private and federal investment into companies.
But while the kind of enthusiasm voiced by Lewis would usually mean a strong tailwind for an incumbent president, so far this election year there isAt North Carolina’s GOP convention, governor candidate Robinson energizes Republicans for electionPlaces like Chatham County show how this year’s presidential campaign offers two conflicting visions for America’s economic future.
“Would everybody like to buy an electric car?” Trump asked at a recent rally, where he was met with a chorus of “No!” Even if the company is more focused on its business than electoral politics, the changes in Chatham County go beyond the factory in ways that could matter in November. “We’ve lowered taxes, grown the state economy and built the nation’s best workforce,” said Phil Berger, president pro tempore of the North Carolina Senate. “Bidenomics here means higher costs for families and businesses, which is what voters will remember when heading to the polls.”
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