Here is a followup on the semiconductor economy. It references Andy Grove's comments. http://danielnenni.com/2010/07/04/the-new-semiconductor-economy/ <http://danielnenni.com/2010/07/04/the-new-semiconductor-economy/>Don On Sun, Jul 4, 2010 at 7:55 PM, <jheaven@xxxxxxxxx> wrote: > Interesting article although I wonder if the reason for it is that > Andy realizes the same forces that have been eating everybody elses > lunch are going after his too. Has Intel not benefited from offshored > labor? The data under paragraph "The 10X Factor" is disappointing > for the most of the US but probably not possible without a lot of US > corporate help. Andys remark that US manufacturing is undervalued is > obvious; the real question is why that is happening. The answer is > probably in our economic policy; there is no incentive to manufacture > in the US now except patriotism. Some theorize this will all end in a > US dollar devaluation. While this may be beyond the scope of this BB, > most contractors have prided themselves in understanding their market > better than most everyone else and profited from it. Things are different > now and it is dangerous to think that things will come back because they > always did before(although I am hoping they will). So let the ideas flow. > > John Heaven > > for those with time: "Bad Samaritans" (H J Chang) > > > ---- J Fields <j.email.fields@xxxxxxxxx> wrote: > > > http://www.businessweek.com/magazine/content/10_28/b4186048358596_page_4.htm > > > > "The first task is to rebuild our industrial commons. We should > > develop a system of financial incentives: Levy an extra tax on the > > product of offshored labor. (If the result is a trade war, treat it > > like other wars—fight to win.) Keep that money separate. Deposit it in > > the coffers of what we might call the Scaling Bank of the U.S. and > > make these sums available to companies that will scale their American > > operations. " > > > > Kind of a long winded article, but says we need companies in > > USA. We tax US labor with income tax, property tax, etc. > > Goods manufactured outside USA, get not US income tax, property tax > > on the manufacturing plant, etc. > > > > >