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US (and maybe Canada too?) fostering IT infrastructure plants in Central America. The whole "huge migrant forces leaving Central America for the US" (to the ex
by mgkimsal 5y ago
US (and maybe Canada too?) fostering IT infrastructure plants in Central America. The whole "huge migrant forces leaving Central America for the US" (to the extent that it's a factor) could be stemmed with more infrastructure jobs there. The IT infrastructure we need to maintain independence from larger potential adversaries. Intel and others have some chip manufacturing in some Central American locations - increase that. Increase chip and other IT related manufacturing plants closer to our hemisphere. Lift up these economies closer to home - reduce shipping/transit costs.
Tax policies that favor more IT manufacturing in Central America may already be in place. If not, put in place. If there, tweak some levers to increase activity to closer to our borders and further away from countries that are gaining too much control over strategic resources.
- cudgy 5y agoNot sure there is enough talent in many of those countries to staff IT related manufacturing. Migrating investment to Latin and South America is certainly a better direction from the perspective of businesses under an environment where investment in China is discouraged as they gain the protection afforded by the Monroe Doctrine. However, it still does not adequately address the weak manufacturing industry within the United States and it’s ability to produce necessary goods when global trade is impacted by a shock event like a pandemic or war.