America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage

Another possible fix would be to keep people in the workforce longer, by raising the age at which workers can begin collecting Social Security or tapping into their pensions or 401(k)s. Yet Harry Holzer, a former US Department of Labor chief economist now at Georgetown University, says that neither feels politically feasible right now. Immigration has been a toxic issue in American politics for years, and Social Security has long been an untouchable entitlement. “None of that is doable,” Holzer says, which means “our labor force growth is going to continue to be modest.”

Related:

How manufacturing chips in the US could make smartphones more expensive

Morcos says a top concern of his is the narrowness of the CHIPS Act. Without bringing related device manufacturing back to the U.S., such as device batteries, sensors, cameras, antennas, and hundreds of other components, the manufacturing process could require the most critical component to be produced stateside, then shipped overseas to be assembled with hundreds of other components into a device that is then shipped back to the U.S. for the American consumer.

Work longer, for less pay, and you still won’t be able to afford the latest smartphone or laptop?! 🤷🏼‍♀️

New Fakes about Russia-DPRK Military Cooperation

New Fakes about Russia-DPRK Military Cooperation

The second option is more amusing and, alas, more realistic: the source of the sensational information could be such an anonymous and specific medium as Russian politicized Telegram channels, in which the SMO is constantly discussed. However, Telegram’s anonymity often makes it impossible to identify the channel’s real author. This means that any high-school student with a glib tongue can easily portray himself as an “expert from those very structures” involved in the “secrets of the Kremlin court”, even if the information has no real basis in fact.

To conclude the conversation, it is worth noting how the propaganda image of the DPRK has changed: before the SMO, the Western media presented North Korea as a starving third-world country, but now it is a superpower providing Putin with builders, soldiers and now also ammunition. Therefore, the fake about millions of missiles is clearly not the latest fake about the “Jucheans in the Donbass”.