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It will be clear that this money was wasted within ten years. What a government needs to do to attract real manufacturing entrepreneurs: - pro family policies

It will be clear that this money was wasted within ten years. What a government needs to do to attract real manufacturing entrepreneurs: - pro family policies (for people) - pro immigration (for people) - cut environmental laws (for capex make-right) - cut business taxes (for gm make-right) - cut personal taxes (for people) - fight back against china-sponsored economic maneuvering at the multilateral level (to create a competitive market)

bcrosby95 4y ago
> - cut environmental laws (for capex make-right) I'm with you on all but this. Cleaning up the environment is a very expensive, time consuming process. There's still about 20 superfund sites in Santa Clara County due to its heyday of tech manufacturing. Our local community has been fighting for the cleanup of a 60 year old disaster. That they agreed to clean up 20 years ago. But they've barely started.
onepointsixC 4y ago
And watch as your fledgling local business dies due to hundreds of billions of subsidies for foreign fabs. South Korea alone is subsidizing Semiconductors with $450Bn [1]. If you want local fabs, you need to spend money. Or you get to watch your automotive assembly lines stop because of chip shortages. [1]: https://www.bloomberg.com/news/articles/2021-05-13/korea-unveils-450-billion-push-to-seize-global-chipmaking-crown https://www.bloomberg.com/news/articles/2021-05-13/korea-unv... [1 Non paywalled]: https://archive.ph/9Gs8q https://archive.ph/9Gs8q
IfOnlyYouKnew 4y ago
Germany hasn't been doing any of that except immigration, and it has fared exceptionally well over the last decades. Taiwan's chip industry is the result of massive subsidies that got it started.
rat87 4y ago
I'm not saying this won't be wasted but in also skeptical of your policy? And why do we care so much about manufacturing anyway?
debesyla 4y ago
Sorry, I am a bit confused about these parts - how does it help manufacturing enterprises? (I am not saying it doesn't, I just don't understand, hah.) > pro family policies (for people); cut personal taxes (for people)

bcrosby95 4y ago

> - cut environmental laws (for capex make-right) I'm with you on all but this. Cleaning up the environment is a very expensive, time consuming process. There's still about 20 superfund sites in Santa Clara County due to its heyday of tech manufacturing. Our local community has been fighting for the cleanup of a 60 year old disaster. That they agreed to clean up 20 years ago. But they've barely started.

onepointsixC 4y ago

And watch as your fledgling local business dies due to hundreds of billions of subsidies for foreign fabs. South Korea alone is subsidizing Semiconductors with $450Bn [1]. If you want local fabs, you need to spend money. Or you get to watch your automotive assembly lines stop because of chip shortages. [1]: https://www.bloomberg.com/news/articles/2021-05-13/korea-unveils-450-billion-push-to-seize-global-chipmaking-crown https://www.bloomberg.com/news/articles/2021-05-13/korea-unv... [1 Non paywalled]: https://archive.ph/9Gs8q https://archive.ph/9Gs8q

IfOnlyYouKnew 4y ago

Germany hasn't been doing any of that except immigration, and it has fared exceptionally well over the last decades. Taiwan's chip industry is the result of massive subsidies that got it started.

rat87 4y ago

I'm not saying this won't be wasted but in also skeptical of your policy? And why do we care so much about manufacturing anyway?

debesyla 4y ago

Sorry, I am a bit confused about these parts - how does it help manufacturing enterprises? (I am not saying it doesn't, I just don't understand, hah.) > pro family policies (for people); cut personal taxes (for people)