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Heavy industry and chip manufacturing are not really comparable though. The cutting edge nodes are only relevant for a few years, maybe a decade for rudimentary
by ArkanExplorer 5y ago
Heavy industry and chip manufacturing are not really comparable though. The cutting edge nodes are only relevant for a few years, maybe a decade for rudimentary components.
The major problem the US, and the West, face right now is that its more profitable to speculate on financial and real estate assets than it is to actually produce anything.
In 20201 in Sydney and Vancouver for example, the average house price has increased more per day than the average daily salary for a worker...
The other issue is that the West (particularly the Anglosphere) is intent on importing as many low-cost workers as possible, from countries with poor records of innovation, who then bring their own problems such as caste favoritism and high in-group preferences.
The simplest solution would probably be to import Taiwanese engineers en-masse, and formally create new chipset companies (which are not Intel), which it seems only China is really doing.
A direct policy approach could be for the USA to offer anyone with a university degree or trade skill and under the age of 40, from non-oil countries with a HDI of over .85 the ability to permanently migrate to the USA for a nominal fee:
https://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index https://en.wikipedia.org/wiki/List_of_countries_by_Human_Dev...
And at the same time, deporting all illegal immigrants (to free up housing) and building walls along the southern border - the shortage of cheap labour will encourage automation and innovation.
- jiofih 5y agoDamn, it started well but you went into some really deep prejudice. I’ll take note that Taiwanese are the best ROI for low cost immigrants - apparently much better than Mexicans. How about putting some reins on the real estate and trading markets instead of “getting better immigrants”? Sounds a little bit more logical.
- l33t2328 5y ago> but you went into some really deep prejudice Can you elaborate what deep prejudice you got from that comment?
- CameronNemo 5y agoBuilding a wall to keep the Mexicans out. Seems pretty fucked up from my POV, somebody who has lived in SoCal for nearly 25 years.
- HideousKojima 5y agoWhat obligation does a country have to non-citizens who entered (and stayed in) the country illegally? FWIW I grew up in San Diego county, less than 20 miles from the border
- CameronNemo 5y agoWhat obligation do I have to sign on to exclusionary immigration policy. The southern border is just a line in the sand. No party (US or Mexico) has a reasonable claim to the land to begin with. Building a wall is just a dumb move regardless.
- atweiden 5y agoIf a state’s borders aren’t enforced, either those borders are not in fact the state’s real borders, or the people residing within those “borders” are living in a failed state.
- CameronNemo 5y agoI am not in favor of states. And as I said before, the southern border is mostly made up. People crossed it for thousands of years without some crappy wall in the way. They will continue to cross it even with a wall.
- atweiden 5y ago> I am not in favor of states. What are you in favor of, then?
- kevin_thibedeau 5y ago> And at the same time, deporting all illegal immigrants (to free up housing) These people are responding to demand for cheap labor and trying to better themselves. The real way to address this is severe criminal punishments for their employers.
- imtringued 5y agoHas it not occured to you that Mexico is a potential secondary supplier to China? It is surprising that helping your neighbors not become a threat to the US through voluntary means is not on the table.
- pjc50 5y ago> deporting all illegal immigrants Finding them requires a level of police state that it's unclear the US will tolerate, even if you promise them it will only be applied to non white people. It would start with mandatory ID and work up from there.