White House hastens to address global chip shortage

In a world where a billion dollars worth of chips can be flown anywhere in the world overnight, fabs will be located in countries where it's sensible to do buisiness, where land and labor and energy costs and taxes and regulation suit. That is decreasingly less USA.

The White House whould address those issues.

Simple fix: buy Korean cars.

The automakers who have factories in South Korea in the special trade zones that export them stateside have negotiated deals and for taxes and import duty purposes the cars built there are essentially the same as if they'd been manufactured in the US AFAIK. South Korean energy and labor isn't particularly cheap though.

How does Germany have such high taxes and regulation and still make a ton of money is a question

Not really. The governments spends the money wisely. Primary, secondary and tertiary education are all good, and all well supported.

Moreover, tertiary education includes trade skills - apprenticeships back u p by course work - so that German technicians are just as impressive as the ir university trained technologists.

At an anecdotal level, German companies tend to be run by engineers, Britis h companies by accountants and US companies by lawyers (though America also has executive who have trained in business administration, which teaches y ou exactly how to create the effect you want, but is less good a educating you in working out what effect you ought to want).

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Tellingly, John Larkin doesn't mention the availability of skilled labour, which does depend on providing a good education to anybody who can take adv antage of it.

The US education system falls short here - more at the primary and secondar y level, where the quality of education does depend on the school district in which you grow up. The fact that US tertiary education is remarkably exp ensive doesn't help, but you have to have had a decent secondary education before you can work out that it would be worth your while to go to universi ty.

Probably not an effective one.

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I would think that was pretty obvious. They only tax profits. They might reduce profits in any given year, but if you aren't profitable, you won't p ay taxes! So taxes can never create a loss for a company. There is someth ing about this simple concept that people like Larkin can't understand. I assume you get that.

Regulation doesn't automatically cause problems for companies. For the mos t part they simply require that a company does what it should be doing in a ny regard for safety and not causing harm to the surrounding community. Th at is certainly worth something. I think people recognize that when it wor ks.

Florida police arrested a 9 year old girl the other day who was having a tantrum in school. While cuffing her they told her "You are acting like a child!" to which she astutely observed "I _am_ a child!"

They gave her several shots of pepper spray to the face for that sort of insolence. Here in America we're investing in the tools to give all primary school students the regular ass-kickings and beat-downs by the state they've earned by virtue of being 9

On a sunny day (Fri, 12 Feb 2021 19:45:12 -0800 (PST)) it happened Bill Sloman wrote in :

Some truth is there.... I also get the impression much of US industry is run by politicians military industrial complex building billion dollar warships that will be sank by thousand dollar missiles or just an overheated battery on board, or crashed windows computah, space systems, SLS comes to mind, that are created and left after every election job creation projects... taxpayer funded at that. Wars created to show they are the greatest that then show you cannot win from a local resistance, but keep the military industry running. Airplanes (F35) basically designed by politicians... that have no real combat value whatsoever,