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?! 🤷🏼‍♀️

No, China Isn’t Gobbling Up America’s Farms

Source: US Department of Agriculture

Fears over Chinese purchases of US cropland are vastly overblown. Lawmakers should slow down before imposing damaging new restrictions.

No, China Isn’t Gobbling Up America’s Farms

Related:

Bill Gates: America’s Top Farmland Owner

Bill Gates Finally Explains Why He’s Buying So Much U.S. Farmland

I’m more worried about ‘Farmer Bill’, who claims that he owns “less than 1/4000 of the farmland”.

Sean Penn’s Disaster-Relief Charity Ended Up a Money Mess

Sean Penn’s Disaster-Relief Charity Ended Up a Money Mess

Related:

CORE Labor violations and complaints

CORE staff complained that they were forced to work 18-hour days, six days a week, without the opportunity to take breaks. Responding to the staff concerns, Penn excoriated the employees, writing in an email that “in every cell of my body is a vitriol for the way your actions reflect so harmfully upon your brothers and sisters in arms”. Penn suggested that employees leave their work instead of complaining about conditions.[16] In October 2021, the National Labor Relations Board issued a complaint that Penn and CORE violated federal labor law. According to the charge, Penn “impliedly threatened” his employees with reprisals.[17] A 2021 California lawsuit sought civil damages, claiming that CORE failed o pay overtime and minimum wges, provide rest periods, reimburse for business expenses, provide detailed wage statements, and timely pay employees. [18]

In 2022, a former CORE worker who provided support during COVID relief efforts in Georgia sued CORE for unpaid wages. According to the complaint, CORE deliberately misclassified staff as contractors to avoid paying overtime. CORE’s contracts require binding arbitration, which prevents a collective action by multiple employees and keeps the proceedings private.

Sean Penn’s Haiti relief charity paid $126,000 on travel in a single year including the actor’s first-class flights because of his ‘celebrity status’, tax records reveal

The Monroe Doctrine Is Soaked in Blood

The Monroe Doctrine was first discussed under that name as justification for the U.S. war on Mexico that moved the western US border south, swallowing up the present-day states of California, Nevada, and Utah, most of New Mexico, Arizona and Colorado, and parts of Texas, Oklahoma, Kansas, and Wyoming. By no means was that as far south as some would have liked to move the border.

The Monroe Doctrine Is Soaked in Blood