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The US takes back its Chips industry from Taiwan, China +1, Japan and South Korea 1950-1990 to 2025-2040
04/16/2025
By 2025 bad economic theory was discarded, a clear path for the CHIPS manufacturing industry in the US is set forth and actions taken to do this. Morris Chang founder of TSMC got 20 years of experience at Stanford, MIT, Texas Instruments, everything he learned he learned in the US till Taiwan invited him to set up plants in that country in 1985. Bad economic theory that let this happen is being discarded in 2025. US decision by US Congress and the White House, the whole Nation, is to make Chips in America in 2025. Over 2025-2040 the entire Chips industry will be in the US similar to 1950-1990.
Linked Articles
Inside Taiwanese Chip Giant, a U.S. Expansion Stokes Tensions
NYTimes.com 04/16/2025
Tariffs fallout: The US will struggle to take on Asia over chipsBBC News 04/16/2025
Reagan, Greenspan and America's lost years 1980-2009
11/17/2023
It was in this period that many of the problems that we face today were created through policies of low interest rates, deregulation and financial market speculation leading to the financial crisis of 2008. At the beginning of the Reagan administration in 1980 China was still a country of bicycles and largely rural, by 2009 it had transformed itself into the largest manufacturing nation in the world and continued to 2023. In the US financial deregulation and lack of health care for all allowed financial interests to become the dominant force in the economy in a speculative way , and defunded manufacturing, infrastructure and public services. The work of FDR, Truman Eisenhower and Kennedy unraveled, Clinton, Obama and Trump continued that decline.
Linked Articles
Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.
WSJ 11/16/2023
Trader Made Billions on SubprimeWSJ Jan 15 2008 01/15/2008
Friendshoring- US Treasury Secretary Janet Yellen and Jake Sullivan NSA Advisor's call to invest in India
03/07/2023
American leaders president Biden, Treasury Secretary Janet Yellen, and National Security Advisor Jake Sullivan call for friendshoring- to invest in Indian manufacturing. This will reduce concentration of manufacturing in one country and create abetter more resilient supply chain. The pandemic and supply chain problems that added to inflation showed the extraordinary risks of the existing supply chain. As pointed out by FInance Minister Nirmala Sitharaman in an interview at Raisina Dialogue India is creating the right conditions to attract foreign investors in Indian maufacturing for advanced technologies.
Linked Articles
U.S. Pursues India as a Supply-Chain Alternative to China
WSJ 03/06/2023
Raisina Dialogue 2023: In conversation with Finance Minister Nirmala SitharamanThe Economic Times 03/06/2023
Biden at Independence Hall Philadelphia in 2022 and Lincoln in 1861 on the way to the White House at the start of the Civil War- "Battle for the Soul of the Nation"
09/03/2022
At key points in the life of these United States of America- Washington, Jefferson, Lincoln, TR and FDR, and now Biden, speak at Independence Hall in Philadelphia on the idea, that principle, in the Declaration for which they are willing to give their lives to defend. For the people of the world, the people of India, the rest of Asia, Africa, Latin America, Australia this has brought new meaning and hope since these words were written- "We believe that all men are created equal and they are endowed by their Creator with certain inalienable rights, and among these are life, liberty and the pursuit of happiness." "It was that which gave promise that in due time the weight should be lifted from the shoulders of men, and they would all have an equal chance." (Lincoln)
Linked Articles
Biden delivers speech on "battle for the soul of the nation" in Philadelphia | full speech
YouTube 09/02/2022
Remarks by President Biden on the Continued Battle for the Soul of the Nation | The White HouseThe White House 12/24/2022
Guru Tegh Bahadur forgotten hero and saint of the Punjab for his discourses in many languages, and for his meditation like the Buddha
04/25/2022
Guru Tegh Bahadur is forgotten for his discourses like the Buddha across the length and breadth of India in many languages, and for his meditation that goes back in tradition to the Buddha and Shiva. Guru Tegh Bahadur saw one nation in many communities speaking different languages and with different traditions.
Linked Articles
The Times of India 04/22/2022
Explained: Life and legend of Guru Tegh Bahadur, who stood up to the MughalsThe Indian Express 04/21/2022
Jill Biden and the analogy with Eleanor Roosevelt in wartime America
09/21/2021
Jill Biden has already visited 32 states, talked to teachers and military families, and is fully engaged both as a teacher herself and in a mission like that of Eleanor Roosevelt who rallied the nation in wartime America.
Linked Articles
Jill Biden Is Chasing the President’s Most Elusive Campaign Promise: Unity
NYTimes.com 09/20/2021
Jill Biden is ‘here to help’ — first lady sets off on American rescue missionThe Times 03/16/2021
Twitter's short form of 140 characters, the iphone, and the tech platforms building on the declining cultural and other literacy in America, Europe, other countries
05/28/2020
Twitter founder Jack Dorsey's regrets on what he sees as the lack of any depth in the short form that works well on mobile phones. The first smartphones came in 2007 and 2008 iphone and android versions, Twitter started in 2006, both growing at the same time, the story of a tech boom that is paralleled by declining cultural and other literacy in America. It also parallels the decline in sense of what is in the national interest among communities in America and Europe and in other countries, leaving them with fewer defences against the coronavirus pandemic by 2020.
Linked Articles
Opinion | A Presidential Smear
WSJ 05/26/2020
A Founder of Twitter Goes LongNYTimes.com 11/09/2013
How underreporting of coronavirus in China and in U.S. led to a false sense of security and unpreparedness
05/09/2020
The databases failed to be anywhere near the true estimates of infected people, researchers and experts say, and western nations lack of experience with such a virus led to complacency, unpreparedness, till it was too late.
Linked Articles
How a Johns Hopkins Professor and Her Chinese Students Tracked Coronavirus
WSJ 05/09/2020
Travel From New York City Seeded Wave of U.S. OutbreaksNYTimes.com 05/07/2020
Goldman Sachs and the Trump administration- Steven Mnuchin at Treasury and Gary Cohen at the National Economic Council
12/09/2016
Bank stocks are up with the election of Donald Trump, Goldman Sachs share price up 34%, with the push back against regulation of banks following the 2008 financial crisis.
Linked Articles
Goldman Sachs No. 2 Seen as a Top Economic Adviser to Trump
The New York Times 12/09/2016
Trump Plans to Name Steven Mnuchin as Treasury SecretaryWSJ 11/29/2016
Educated Chinese women with jobs and careers- changing social and economic landscape in China
09/26/2016
The profound changes underway in China in the notions of marraige and family as a new generation of women are better educated and look for independent lives with their own careers. Over half of all undergraduates are women in China, and half of all graduate students pursuing master's degrees are women, showing how much China has changed in three decades.
Linked Articles
Marriage Falls in China, Transforming Finances and Families
The New York Times 09/12/2016
China Shrugs Off the Ties That BindThe New York Times 09/22/2016
The 1976 Montreal Olympics, the 2004 Athens Olympics, the 2014 Sochi Olympics and the Rio Olympics- decades long debt hangovers and costs growing from the $1+ billion in Montreal to $50+ billion in Sochi
08/24/2016
Developing and developed countries alike have seen the cost of the Olympics as a huge burden. Many countries or cities that committed to hosting the Olympic games during boom years were facing economic hard times by the time of the games. Corruption and mismanagement of public funds, overspending and cost overruns added to the problems. Citizens uproar caused cities such as Boston and Oslo to withdraw bids for the Olympics. The Olympics appears to be a costly way to show off a country, and raises questions about better allocation of funds in other directions, especially when upward mobility is a problem for the middle and working class, countries have other infrastructure needs, and neglected basic needs in education, healthcare, public services.
Linked Articles
The 40-year hangover: how the 1976 Olympics nearly broke Montreal
The Guardian 07/06/2016
Rio Games Highlight Problems With the Olympic ModelThe New York Times 08/23/2016
Speaker Paul Ryan's House seat in Janesville, Wisconsin- improving economy in a U.S. midwestern factory town and the debate on trade, help for working class families
08/10/2016
The unemployment rate in Janesville, Wisconsin drops to 4.4% in May 2016, according to the Bureau of Labor Statistics. It was over 9% following the closing of the GM plant and the recession from the 2008 financial crisis. A working class town Janesville was hit hard by the closing of the GM plant in 2008. Amy Goldstein of the Washington Post describes the impact of losing about 5000 jobs at the GM plant, and the problems typical of most manufacturing dependent towns. Throughout the period since being first elected to Congress in 1998 Ryan has continued to be able to get elected on the basis of faith, family and public service, even though some of his policies may not have helped the poor and elderly or laid off workers. Ryan voted for rescuing the auto industry and worked hard to keep the GM plant, and listens to his constituents, and as the economy recovered by 2016 won easily in this old industrial midwestern town. His influence in national politics gives Janesville an opportunity to be heard, as it tackles problems common to many midwestern towns in the U.S.
Linked Articles
Could Paul Ryan’s ideas help his struggling home town? - The Washington Post
Washington Post 08/19/2012
Paul Ryan beats outsider 'mini-Donald Trump' challenger in Wisconsin primaryThe Guardian 08/10/2016
"Deaths of Despair", the causes and effects in a larger context, and the drop in America's ranking in the Social Progress Index to 19th in 2016
07/01/2016
How the middle aged white Americans 45-54 are faring in the current environment with fewer opportunities and greater vulnerabilities in health, education incomes, savings, quality of life, mortality, upward mobility, for this group. Tragically this means their children and the next generation is also affected in the way fewer opportunities are available in the future. The situation is unique to America with weaker social protection than Europe, and to Britain because of years of austerity. There are no quick fixes with easy slogans, and requires first a national awareness, national consensus, and may require the better part of a generation to solve and restore the hope and promise of Jefferson in making the "inalienable rights of life, liberty, and the pursuit of happiness" available to all.
Linked Articles
Rising Death Rates for Middle-Aged White Americans Are Forcing a Policy Rethink
WSJ 06/30/2016
The U.S. Now Ranks 19th in ‘Social Progress,’ With Finland and Canada Topping the ListWSJ 06/30/2016
"Pay their fair share of taxes" Biden asks of corporations showing 2017 predecessor tax cuts did not increase investment and added $100 billion yearly to the US Deficit
03/08/2024
By paying their fair share of taxes Biden says in State of Union speech to US Congress 2024 one can increase investment in education, affordable childcare and better living for seniors in their homes, and still cut the deficit by hundreds of billions of dollars. What is fair share? Certainly not zero percent that 55 of the largest corporations paid on $40 billion in profits in 2020, and corporate minimum tax was introduced at levels of 15% for which most ordinary Americans are not eligible for. And certainly not 8.2% that Biden said was being paid by 1000 billionaires in the US. Not a single penny more is being asked of hard working Americans earning less than $400,000 a year. Biden said he wanted to see the corporate minimum tax at 21% not 15%, and the top corporate tax rate set at 28% not the 21% that it was reduced to in 2017 from 35%. In short his predecessor turned to help companies and billionaires profit from the popular distress of the shipping of jobs overseas and the 2009 financial crisis caused by Bank executives without investing the nation's capital resources in manufacturing at home in scale to match and exceed China's. And at the same time neglecting to do anything about the concerns of the people for ease of living- affordable access to childcare, preschool education, education, health care to match Europe/China/India in quality and cost, and aging transportation infrastructure of airports, subways, roads and bridges. The savings when this is done properly go to cut the deficit by over 4 trillion dollars and keep America as the leader of all G-20 economies.
Linked Articles
Biden Draws Sharp Contrast With Trump in State of the Union
WSJ 03/07/2024
Biden Pushes More Corporate-Tax Hikes to Draw Contrast With TrumpWSJ 03/07/2024
Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.
04/29/2023
The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.
Linked Articles
1041 elections in 2022 at American companies support unionized workplaces- protecting worker's rights during the pandemic
01/21/2023
The United Nations International Labor Organization calls for protecting workers rights and promoting decent work during a pandemic that devastated many workers. A new respect for unionized workplaces after decades of decline and respect for the dignity of work. Still the process of recovery has only started as only 10% of American workers are represented by unions, only 14 million workers.
Linked Articles
Trade Unions matter in a human-centred recovery from COVID-19
ILO 01/21/2023
Union Membership Rate Hits Record Low Despite Votes at Apple, Amazon, StarbucksWSJ 01/21/2023
How Carlos Tavares is setting the way for remote workers in an hybrid work model to disconnect during the day and on weekends
07/08/2022
Carlos Tavares heads a auto company that has 75,000 employees across the US, Europe, Asia and Latin America and plans 75 new electric car models by 2030. He favors a hybrid work model and works one week a month from his home in Lisbon, Portugal. He works Portuguese time 7am to 4 or 5 pm when he disconnects from the workday by taking a one hour walk. Germans call this practice "feierabend" literally to break away from work to revitalize and get fresh by say taking a bike ride through the woods or in a park. Tavares does not call or email employees on the weekend, and believes to be in game shape on Monday one needs to disconnect on the weekends.
Linked Articles
Right to disconnect is vital for future health of home workers
04/23/2021
This Auto CEO Won’t Put Remote Work in ReverseWSJ 07/08/2022
Miscalculations by Putin's Russia and Neglect by Merkel and Bush-Obama- WSJ's Analysis of Events Leading to Ukraine war
04/03/2022
The highly detailed WSJ reports on events going back 20 years throw light on the failure of Merkel in Germany and Bush-Obama in the US to grasp the situation of Russia under Putin's nationalism and the miscalculations made by president Putin about the changing situation in Ukraine that had created a national identity. While Putin looked to history something different had emerged on the ground for the people of Ukraine that both German and Russian leaders failed to grasp as they continued to pursue economic integration. Business in Europe and the US had no clue what was happening, and how the situation was unraveling till the end. It is also leading to the unexpected effect of accelerating weaning western nations from fossil fuels, a goal of Glasgow's COP26 Climate Change Summit, the only constructive effect of the war.
Linked Articles
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It
WSJ 04/01/2022
Russian Strategy in Ukraine Shifts After Setbacks, and a Lengthy War LoomsWSJ 04/01/2022
Macron's role in setting up the nonrepayable $390 billion common funding for the European Recovery Fund
07/31/2020
Macron's effort to persuade Merkel and Germans of the need for common funding for European recovery and his persistence at negotiations with the Dutch and Swedes to secure 390 billion euros of funding aid has earned him increasing popularity in France. It also brings Spain, Italy, Greece and eastern European nations closer together with France and Germany as they fight the pandemic.
Linked Articles
Macron's popularity climbs after signing EU pandemic stimulus, reshuffling gov't
France 24 07/30/2020
Opinion: Extraordinary times call for extraordinary EU measures | DW | 21.07.2020DW.COM 07/21/2020
How Britain made preparations for H1N1 (2015) following the SARS pandemic (2009), then lost interest ditching the effort with Brexit consuming the nation
05/16/2020
How could this happen? Read more to know why. In 2016 Britain even conducted a rehearsal called Cygnus to fight H2N2.
Linked Articles
What was Exercise Cygnus and what did it find?
The Guardian 05/17/2020
Coronavirus: 38 days when Britain sleepwalked into disasterThe Times 05/16/2020
Report on Russian disinformation effort 2014-2017 by two cybersecurity companies for the U.S. Senate Intelligence Committee
12/18/2018
Linked Articles
Opinion | What We Now Know About Russian Disinformation
New York Times 12/17/2018
Facebook, Twitter and YouTube Withheld Russia Data, Reports SayNew York Times 12/18/2018
James Mattis and his views on military service and his popularity in the ranks - the new U.S. Defense Secretary in 2017
12/07/2016
Linked Articles
Donald Trump Chooses Defense Chief With Professional Success, Divergent Views
WSJ 12/07/2016
The Meaning of Their ServiceWall Street Journal 04/18/2015
Chancellor Merkel and listening to German public opinion reflected in state elections of 2016
09/20/2016
Here we argue that contrary to general media coverage in the NYT, WSJ, Economist, and German media, a year from now Merkel may be seen more positively. This is because Merkel has always listened to public opinion carefully, and has told the German public frankly what happened- that she and the German government were caught unprepared in the refugee crisis that came up in summer 2015.
Linked Articles
German politics is turning into a six-party system
The Economist 09/19/2016
Opinion: Berlin, capital of mediocrity | Opinion | DW.COM | 19.09.2016DW.COM 09/19/2016
Why initiating Brexit by invoking the Lisbon Treaty's Article 50 could go into 2017, or even past 2020 into new general elections- (1) the pro stay vote in Ireland and Scotland
08/16/2016
Theresa May, Britain's prime minister, is deeply committed to the idea of the union of England with Scotland and Ireland. Invoking Article 50 of Lisbon Treaty, a step necessary for Brexit, would also lead to Scotland's ruling Scottish National Party to initiate plans for a second referendum for Scottish independence, as Scotland votd to remain in the European Union. The issue of Ireland and Northern Ireland's vote to remain in the EU would also lead to serious repercussions. In short it will be hard to separate the leave vote in England from the stay vote in Scotland and Ireland, as it will be difficult for most British people to imagine a England without a British identity. If the referendum had asked the second question "Do you still vote leave if this means the end of Britain or the United Kingdom?" the vote could have turned out differently for nationalist voters.
Linked Articles
Wait and see: Theresa May is in no hurry on Brexit | Europe | DW.COM | 15.08.2016
DW.COM 08/15/2016
No return to border controls in Northern Ireland, UK PM May says | News | DW.COM | 25.07.2016DW.COM 07/25/2016
Donald Trump and the themes for the 2016 U.S. presidential election as seen at the Republican National Convention- law and order, and blue collar lives
07/22/2016
Linked Articles
Donald Trump positions himself as the voice of ‘the forgotten men and women’
Washington Post 07/22/2016
Donald Trump proclaims himself 'law and order' candidate at Republican conventionThe Guardian 07/22/2016
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