Interesting People mailing list archives
Vanishing US Industry: Some Straight Talk
From: Dave Farber <dave () farber net>
Date: Sun, 4 Jul 2010 17:39:00 -0400
Begin forwarded message:
From: Stephen Unger <unger () cs columbia edu> Date: July 4, 2010 5:09:42 PM EDT To: Dave Farber <dave () farber net> Subject: Vanishing US Industry: Some Straight Talk
Dave, Here is a possible item for ip. Steve ............ In a cogent Bloomberg Opinion piece (see below), Andy Grove, a principal founder, and long-time CEO, of INTEL, explains how the US is well along a path to economic disaster as a result of the dismantling of our manufacturing base. Grove is not handcuffed by ideology. He is not afraid of the idea of using our government to protect our economy. He points out the success achieved in Asia via "the effective involvement of the government in targeting the growth of manufacturing industries". One of his suggestions is to protect (a dirty word according to conventional economists) US jobs by, among other things, levying "an extra tax on the product of offshored labor", and using the proceeds to subsidize the expansion of production facilities in the US. It is gratifying that a man in his position is speaking out forcefully on this critical issue. Of course it would have been even better if he had done so a decade or more ago, when the process that INTEL played a large role in would have been easier to stop and reverse. But, better late than never. Grove's article buttresses much of what I wrote nearly three years ago in a broader treatment of the subject. http://www.bloomberg.com/news/2010-07-01/how-to-make-an-american-job-before-it-s-too-late-andy-grove.html http://www1.cs.columbia.edu/~unger/articles/jobs. Steve ...... Stephen H. Unger Professor Emeritus Computer Science and Electrical Engineering Columbia University ............
------------------------------------------- Archives: https://www.listbox.com/member/archive/247/=now RSS Feed: https://www.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
Current thread:
- Vanishing US Industry: Some Straight Talk Dave Farber (Jul 04)