ROSEMONT, Ill., Nov 4 (Reuters) – U.S. President Joe Biden, battling to show restive voters he has boosted the economy, touted his economic policies on Friday and said he planned to talk with oil companies about high prices and record profits, as he predicted Democrats will prevail in Tuesday’s midterms despite polls showing Republican gains.
On a three-day, four-state campaign swing, Biden stopped at Viasat Inc. (VSAT.O), a U.S. communications firm in Carlsbad, California, to tout efforts to increase semiconductor chip production and resolve supply chain issues that erupted early in his presidency.
With some Republican support, Biden signed into law in August the Chips and Science Act to jumpstart domestic semiconductor production in response to slowed production of automobiles and high-tech products like those built by Viasat.
At Viasat, Biden said the government’s latest jobs report showing the U.S. economy added 261,000 jobs last…
