Senate seeks to spur U.S. processor manufacturing with $30 billion fund

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Comments

  • Reply 21 of 24
    JWSCJWSC Posts: 1,203member
    danox said:
    JWSC said:
    mknelson said:
    Tech607 said:
    The better way of handling this is to tax their products as they come back into this country. Do this until they learn that if you hurt the American people by manufacturing in China it will cost you where it hurts. Not give them millions just so they take that cash and still move most of their operations over seas. 
    Either way it will cost the American people - either though higher costs on the product (that's what happens with duties) or taxpayer funded subsidies.

    This at least has a more direct chance of brining in some good paying jobs.

    Those good paying jobs you’re talking about would only be temporary. Without fundamental changes in the economic environment (and I’m really referring to U.S. Government taxes and regulation) those jobs will require permanent subsidies, which is a non-starter.

    For too long, the unchallenged assumption that China has an inherent manufacturing advantage over the U.S. has diverted our collective attention away from our self inflicted sclerosis due to vast over-regulation (see California) coupled with self defeating and job destroying minimum wage requirements.

    The U.S. is full of self-starting individuals and small businesses that would jump at the chance to change the world.  The entrepreneurial spirit is still alive and well.  And despite what some claim, the U.S. still has unrivaled talent in these core technologies.  But it needs to be repeated over and over that the Government needs to get OUT OF THE WAY.  Unfortunately, that stance seems to be increasingly unpopular these days.  It appears that we’d rather spend money to correct a problem that has an easy and costless to the taxpayer fix.



    America’s management talent lies in being anti worker, anti union and slave labor at all cost, git yer low payed gig on. Have money for the workers give it to management instead so they can buy something for themselves. Lamborghini anyone.....
    I’m curious as to which countries you would compare the U.S. to with regard to the CC supposed “anti worker” sentiment you write of. Is China the model nation with its wages and working conditions?  Or perhaps some European country with hefty social benefits that goes with a correspondingly high unemployment rate.
  • Reply 22 of 24
    JWSC said:
    danox said:
    JWSC said:
    mknelson said:
    Tech607 said:
    The better way of handling this is to tax their products as they come back into this country. Do this until they learn that if you hurt the American people by manufacturing in China it will cost you where it hurts. Not give them millions just so they take that cash and still move most of their operations over seas. 
    Either way it will cost the American people - either though higher costs on the product (that's what happens with duties) or taxpayer funded subsidies.

    This at least has a more direct chance of brining in some good paying jobs.

    Those good paying jobs you’re talking about would only be temporary. Without fundamental changes in the economic environment (and I’m really referring to U.S. Government taxes and regulation) those jobs will require permanent subsidies, which is a non-starter.

    For too long, the unchallenged assumption that China has an inherent manufacturing advantage over the U.S. has diverted our collective attention away from our self inflicted sclerosis due to vast over-regulation (see California) coupled with self defeating and job destroying minimum wage requirements.

    The U.S. is full of self-starting individuals and small businesses that would jump at the chance to change the world.  The entrepreneurial spirit is still alive and well.  And despite what some claim, the U.S. still has unrivaled talent in these core technologies.  But it needs to be repeated over and over that the Government needs to get OUT OF THE WAY.  Unfortunately, that stance seems to be increasingly unpopular these days.  It appears that we’d rather spend money to correct a problem that has an easy and costless to the taxpayer fix.



    America’s management talent lies in being anti worker, anti union and slave labor at all cost, git yer low payed gig on. Have money for the workers give it to management instead so they can buy something for themselves. Lamborghini anyone.....
    I’m curious as to which countries you would compare the U.S. to with regard to the CC supposed “anti worker” sentiment you write of. Is China the model nation with its wages and working conditions?  Or perhaps some European country with hefty social benefits that goes with a correspondingly high unemployment rate.
    Germany has hefty social benefits and a very low unemployment rate. They are Europe’s largest economy. So those two things don’t always go hand in hand;  Or perhaps some European country with hefty social benefits that goes with a correspondingly high unemployment rate.
    edited March 2021 muthuk_vanalingamFileMakerFeller
  • Reply 23 of 24
    danoxdanox Posts: 2,869member
    JWSC said:
    danox said:
    JWSC said:
    mknelson said:
    Tech607 said:
    The better way of handling this is to tax their products as they come back into this country. Do this until they learn that if you hurt the American people by manufacturing in China it will cost you where it hurts. Not give them millions just so they take that cash and still move most of their operations over seas. 
    Either way it will cost the American people - either though higher costs on the product (that's what happens with duties) or taxpayer funded subsidies.

    This at least has a more direct chance of brining in some good paying jobs.

    Those good paying jobs you’re talking about would only be temporary. Without fundamental changes in the economic environment (and I’m really referring to U.S. Government taxes and regulation) those jobs will require permanent subsidies, which is a non-starter.

    For too long, the unchallenged assumption that China has an inherent manufacturing advantage over the U.S. has diverted our collective attention away from our self inflicted sclerosis due to vast over-regulation (see California) coupled with self defeating and job destroying minimum wage requirements.

    The U.S. is full of self-starting individuals and small businesses that would jump at the chance to change the world.  The entrepreneurial spirit is still alive and well.  And despite what some claim, the U.S. still has unrivaled talent in these core technologies.  But it needs to be repeated over and over that the Government needs to get OUT OF THE WAY.  Unfortunately, that stance seems to be increasingly unpopular these days.  It appears that we’d rather spend money to correct a problem that has an easy and costless to the taxpayer fix.



    America’s management talent lies in being anti worker, anti union and slave labor at all cost, git yer low payed gig on. Have money for the workers give it to management instead so they can buy something for themselves. Lamborghini anyone.....
    I’m curious as to which countries you would compare the U.S. to with regard to the CC supposed “anti worker” sentiment you write of. Is China the model nation with its wages and working conditions?  Or perhaps some European country with hefty social benefits that goes with a correspondingly high unemployment rate.

    Norway, Japan and Germany, Look at Norway and UK and how one country thought of the future (planned for it) and the other (UK) spent like a drunken sailor when it came to the North Sea oil riches and have nothing show for it other than tax cuts for the rich and a sell off of all of it’s industries.
    FileMakerFeller
  • Reply 24 of 24
    Frankly, I can't wait until unemployment everywhere is 100%. Automate everything, people no longer have to devote time to obtaining the necessities of life and can focus on whatever seems worthy to them.

    If you want, consider it the point where everyone is "independently wealthy."
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