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> Why, then, did you ignore the other chart I pointed out that specifically dealt with the economic value? The only other chart lists "Computer and electronic
by throwawaygh 6y ago
> Why, then, did you ignore the other chart I pointed out that specifically dealt with the economic value?
The only other chart lists "Computer and electronic products" as the second-largest manufacturing sector, which seems to confirm my assertion that semiconductors have been an important source of growth. It's the second largest category and has had annualized real growth rates 2x+ the rest US manufacturing for decades.
I don't see any breakdown of semiconductors/not-semiconductors for that category, and this is a 2017 snapshot as opposed to longitudinal data, so it's hard to say anything more specific using the data you linked to.
> The threat is the continued consolidation of certain types of semiconductor manufacturing into an ever-shrinking pool of companies. While it would be slightly better if that pool were partly concentrated in the US, the size and diversity of that pool is a much bigger issue than where its members are located.
Sure, I agree. (Caveat of course that geopolitical diversity matters too. N separate SOEs would increase diversity in a way that wouldn't be particularly helpful to the USA, for example.)
In any case, this is actually something I more-or-less agree with, and hence the last sentence of my original post.