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?! 🤷🏼‍♀️

Can We Please Have an Adult Conversation about China?

A new kind of madness is seeping into global political discourse, a poisonous fog that suffocates reason. This fog, which has long marinated in old, ugly ideas of white supremacy and Western superiority, is clouding our ideas of humanity. The general malady that ensues is a deep suspicion and hatred of China, not just of its current leadership or even the Chinese political system, but hatred of the entire country and of Chinese civilisation – hatred of just about anything to do with China.

Can We Please Have an Adult Conversation about China?

H/T: Vijay Prashad—US threatens China because China threatens US hegemony

What Kind of Threat Is China?

Book review of “America and the China Threat: From the End of History to the End of Empire” by Prof. Paolo Urio

The “brutalist philosophy” of the US was made public (曝光) by Robert Daly, a former US diplomat stationed in Beijing, in 2015. Currently, he is the director of the Kissinger Institute on China and the United States. No diplomatic niceties here, Daly frankly states the policy of the US: China must never reach the level of the US.

What Kind of Threat Is China?

Vijay Prashad Warns Biden Is “Doubling Down” on Trump’s Anti-China Cold War Policy

Beijing has accused the U.S. of perpetuating a Cold War mentality as President Joe Biden and senior administration officials shore up alliances in the Pacific region to counter China’s growing influence and increasingly describe the country as a geopolitical threat. Vijay Prashad, director of Tricontinental: Institute for Social Research, says the “bellicose” tone out of Washington is not because the U.S. sees China as a military threat, but because China threatens U.S. dominance in the scientific, technological and diplomatic spheres. “It’s very chilling what the U.S. government is doing in ramping up this cold war,” says Prashad.

Vijay Prashad Warns Biden Is “Doubling Down” on Trump’s Anti-China Cold War Policy

Related:

Biden continues the US conflict with China through the Quad

*Xinjiang*

Hong Kong ‘Protests’ Are About Regime Change for China!