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?! 🤷🏼‍♀️

BREAKING NEWS! Biden announces STUNNING news on China, Taiwan flips out

Political Talk Show Host Garland Nixon issued one of his satirical breaking news tweets that said Biden has ultimate destruction planned for Taiwan. The tweet set off a firestorm of action in Taiwan as officials thought it was real. Garland joins host Clayton Morris for a discussion over how this tweet made such an impact.

BREAKING NEWS! Biden announces STUNNING news on China, Taiwan flips out | Redacted w Clayton Morris

Garland was even ‘fact-checked’ by USAGM’s propaganda mouthpiece, POLYGRAPH.info. Didn’t know that they even had a ’fact-checking’ site until I saw it mentioned in Snopes.

Related:

China Says US Must Provide A Clear Explanation Of ‘plan For The Destruction Of Taiwan’

Chip Geopolitics: If China Invades, Make Taiwan ‘Unwantable’ by Destroying TSMC, Military Paper Suggests

Emerging Markets Aim To Capitalize On Shifting Semiconductor Supply Chains

After the US levied sweeping restrictions against China’s semiconductor manufacturing industry last autumn, opportunities are emerging for other countries to bolster their positions in the supply chain for this critical component of the global economy and linchpin of future technologies like artificial intelligence (AI) and next-generation computing.

Emerging Markets Aim To Capitalize On Shifting Semiconductor Supply Chains

Only one U.S. semiconductor plant! 😠

Stepping up US war preparations against China, Victoria Nuland visits South Asia

US Under Secretary of State for Political Affairs Victoria Nuland visited Nepal, India and Sri Lanka between January 28 and February 1, before travelling to Qatar. Her trip coincided with US Defence Secretary Lloyd Austin’s recent trip to South Korea for high-level meetings with President Yoon Suk-yeol and Defense Minister Lee Jong-seop.

Stepping up US war preparations against China, Victoria Nuland visits South Asia

The Sino-American Tech Trap

Technology is ground zero in the conflict between the United States and China. For the American hegemon, it is about the leading edge of geostrategic power and the means for sustained prosperity. For China, it holds the key to the indigenous innovation required of a rising power. The tech war now underway between the two superpowers could well be the defining struggle of the twenty-first century.

The Sino-American Tech Trap