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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
Kamala Harris tells America it is time to build an Opportunity Economy
08/17/2024
Creating opportunities for all and taking action on the Cost of Living concerns of ordinary Americans was the theme for Kamal Harris rally in North Carolina with president Biden. There she set out her economic plan to limit grocery costs, cut housing costs and cut pharmaceuticals costs, address child care, and pave the way for an Opportunity Economy, A New America Way Forward.
Linked Articles
Remarks by Vice President Harris at a Campaign Event in Raleigh, NC | The White House
The White House 08/17/2024
Harris vows to build ‘opportunity economy’ and attacks Trump on taxThe Guardian 08/16/2024
How Kamala Harris cut migration from Guatemala and other Central American states
07/31/2024
Katie Tobin deputy assistant to the president shows how Kamal Harris cut migration from Guatemala with her action to stabilize Guatemala after the destabilizing of the region by Reagan and Bush through wars started in the region. The achievements to get Guatemalans and Central Americans to stay home compares favorably with the wars and weapons sent to the region under Reagan-Bush that led to gangs taking over San Salvador and young people leaving. Consider $300 million in humanitarian assistance during COVID years, $5 billion in foreign investment lined up to create 250,000 jobs, pulling US AID and IDFC agencies for loans, and arranging for anti-corruption candidate to take over government in Guatemala following elections. It is an exceptional record achieved in a few months trying to undo decades of destabilizing Central America by Republicans Reagan and Bush. Reagan-Bush also destabilized the US with wars in the Persian Gulf, Iraq and Afghanistan, because infrastructure in US was neglected, and manufacturing jobs were shipped overseas under failures of Reagan-Friedman economic theories destroying communities across the US over three decades.
Linked Articles
Opinion | Kamala Harris Made Progress on the Border Crisis
WSJ 07/29/2024
As Republicans Attack Harris on Immigration, Here’s What Her Record ShowsNYTimes.com 07/31/2024
Mitch McConnell on the Senate floor "dithering and hesitation have compounded the challenges we face" and the passage of $61 billion aid to Ukraine April 2024
04/26/2024
Mitch McConnell persuades 31 Republican Senators a majority of his caucus to support Ukraine's defense by joining Democrats, working "shoulder to shoulder" with Democrat Pat Schumer to get passage of Ukraine aid legislation in the vote 79 to 18 in April 2024. It comes at a critical moment of the defense of Kharkiv, Ukraine's second largest city, just 25 miles from the border as shown by NYT in April 24 coverage. It is part of the larger effort to secure a peace in Ukraine with the help of India and China as the war drags on for another year.
Linked Articles
Bucking G.O.P. Isolationists, McConnell Was Linchpin in Winning Ukraine Aid
NYTimes.com 04/24/2024
Senate Approves Aid for Ukraine and Israel, Sending It to Biden’s DeskNYTimes.com 04/24/2024
Two visions for Rural America and the Rural America that president Biden is Building with investments from the Infrastructure Law
01/13/2024
President Biden's vision for rual America, the huge investments being made for the revival of Rural America, and ensuring opportunity for all whether they live in rural, suburbs or cities. This is the America president Biden is building. One has to go back to the days of FDR and Harry Truman of Independence,Missouri to grasp the future that Biden sees in rural America, in the heartland of America from the prairies to the Rocky mountains, and from the Southwest to Southeast, as well as in the Great lakes region.
Linked Articles
Rural Playbook | Build.gov | The White House
The White House 01/12/2024
Trump’s Hold on Rural America Is Key to His ResilienceWSJ 01/12/2024
America has forgotten it is American workers who built America
09/28/2023
American workers built the middle class and American workers built America with its factories. Biden joins a picket line at at GM plant in Beleville, Michigan, saying this with a bull horn. Shawn Fain directly elected by autoworkers says workers not billionaires run America. This happens as the UAW union rejects tiered wages. Entry level tier wages of younger workers at $17 an hour or $34,000 a year is below the Federal Poverty Level of $35000-$40000 for families with children. It would be seen as outrageous by both Lincoln and TR-FDR in a country where the Constitution starts with the line "We the People. Workers are forgotten in a world that is only waking up to this in 2024.
Linked Articles
Biden Joins Autoworkers on Picket Line in Michigan
NYTimes.com 09/27/2023
Trump’s pitch for autoworker votes in car heartland is short on autoworkersThe Guardian 09/28/2023
How the Russian invasion of a neighboring country has not worked in line with European history
04/07/2023
Scholz of Germany says Putin started this war for absurd reasons. NATO he says was never a threat to Russia. Russia invaded a neighboring country with the idea of conquering it. Scholz says Putin was taking a felt tip pen across the European landscape and drawing this is yours, this mine. And he says Germany would never accept that. Brendan Simms in his History of Europe- The struggle for Supremacy 1452 to the Present, is on German chancellor Scholz's reading list since 2021. It shows that for 500 years no dominant European power was able to do act with impunity without the rest of Europe joining together to prevent it. This war is not an exception. The European Union countries stuck together to make it possible for Ukraine to carry on even with generators to keep the lights on and supermarket shelves well stocked. In this sense the outcome of this war is already known. It has followed what Brendan Simms has pointed out already.
Linked Articles
Germany's Scholz says Putin started war for 'completely absurd' reasons | DW | 21.08.2022
DW.COM 08/23/2022
Thwarting Vladimir Putin: The Ukrainian Economy Just Keeps On Going - DER SPIEGELSPIEGEL ONLINE 04/07/2023
Years of hyper growth followed by slight or shrinking growth in China
07/31/2022
For years China pushed hyper growth without correctly understanding the sources of that hyper growth and its consequences in the long run. Communities in the US and the EU simply could not cope with the hyper shift of factories from local regions to China that created the hyper growth in China. Local governments in China and self interested investment banks in the US and Eu pushed for this growth and the central government failed to act with restraining action. The result is alienated public in the US and EU, intense trade and competitive frictions and permanent damage to friendly US China, US EU relations. The domestic side of this hyper growth was the overdependence on the property sector which was asked to carry a bigger burden for development leading to the crisis today with local governments strained for financing by $900 billion as reported in WSJ today July 31. 2022. This did not need to happen. China entered this experiment with capitalism without restraining action with very little knowledge of the market economy and how it operates correctly only with restraining and corrective action in the interests of the whole people of the country. Too much has gone wrong for peoples on either side, the unintended effects and consequences in the simple unbridled pursuit of self-interest alone.
Linked Articles
China’s Economy Tested by Strained City Finances
WSJ 07/31/2022
China’s Manufacturing Sector Unexpectedly Contracts Amid Weak Demand, Covid LockdownsWSJ 07/31/2022
Ukraine Railways - stories of courage under fire as Ukraine Rail employees take millions of refugees out of danger
04/15/2022
This The Guardian picture essay and DW.com video tell the story of how millions of refugees are daily making their way on Ukraine Railways from the east and south to safety in the west and in Poland.
Linked Articles
The people who keep the refugee trains running out of Ukraine – photo essay
The Guardian 03/31/2022
Courageous rail workers keep Ukraine running amid war | DW | 14.04.2022DW.COM 04/14/2022
Stephanie Nolan on variants and the struggle with Covid in Africa- reports from frontlines South Africa and Zambia
12/11/2021
Linked Articles
As Vaccines Trickle into Africa, Zambia’s Challenges Highlight Other Obstacles
NYTimes.com 12/11/2021
The Variant Hunters: Inside South Africa’s Effort to Stanch Dangerous MutationsNYTimes.com 12/04/2021
South Africa and coronavirus storm
08/04/2020
Linked Articles
South African virus cases pass half million mark
BBC News 08/02/2020
South Africa faces 'coronavirus storm', Ramaphosa says - Eye on AfricaFrance 24 07/27/2020
Lessons for fighting coronavirus - from the South Korea MERS outbreak in 2015
04/12/2020
Hospital to hospital transmission as a patient is transferred from one smaller hospital to two other hospitals in Seoul transmitting MERS to 37 patients along the way in 2015.
Linked Articles
Experts Fault South Korean Response to MERS Outbreak
New York Times 06/13/2015
MERS Virus’s Path: One Man, Many South Korean HospitalsNew York Times 06/08/2015
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
DJT energy and climate change policy as response to China getting away with 80 GW of new coal powered electricity plants for 2024 under Paris Agreement
01/31/2025
DJT Alaska policy to open up the natural gas potential in Alaska comes from the Republican position that the US should also get some allowance for its needs the way China did for 80 GW of coal powered electricity production in 2024 under Paris Agreement. This is the Republican argument as Senators Dan Borghum of North Dakota and Dan Sullivan of Alaska present it for DJT. DJT reasoning is that Paris Agreement is not fair to US needs. Seen in this way the DJT policy is much more nuanced than media present it- it is for Make America Great Again by using advantages such as Alaskan production and Shale while at the same time pursuing pristine environment and tackling climate change. As this theory goes the stronger economy would give US more resources to tackle climate change. Biden signed on to this approach in a small way when he let Senator Joe Manchin of West Virginia put the same idea in his energy plans. Seen in this way DJT is not portrayed as trying to destroy climate change action plans.
Linked Articles
Opinion | Trump Lifts Sanctions on Alaska
WSJ 01/31/2025
China’s coal-fired power boom may be ending amid slowdown in permitsThe Guardian 01/31/2025
How television channels and internet media are failing to ask questions about what will be done on climate change action 2024-2028?
07/31/2024
Linked Articles
How the Murdoch family ended up in a legal fight over the future of Fox
Washington Post 07/31/2024
What Rupert Murdoch Owns, and How He Built His Media EmpireNYTimes.com 07/30/2024
How low interest rates from the banks created 2009 financial crisis were squeezing Americans and most of all seniors
06/05/2024
In 2010 Charles Schwab pointed out that low interest rates were squeezing Americans, most of all seniors on fixed incomes and pensions. In 2024 first quarter the higher interest rates in one quarter alone created an additional $770 billion in interest and dividends for Americans, many of them seniors, according to US Federal Reserve. This is the damage done by the recklessness of the banks and financial sector and seniors have paid heavily for this and for the wars in the Middle East which reduced the growth potential of the US economy that were embraced by Reagan and Bush, Trump and Obama. The war money was not used to build new infrastructure to replace the old as it should have been leading to China having new infrastructure and America's being aging and worn out.
Linked Articles
Low Interest Rates Are Squeezing Seniors
Wall Street Journal 03/30/2010
Americans Have More Investment Income Than Ever BeforeWSJ 06/05/2024
"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
A parting of ways with Mr. Trump- Mr. Trump's Attorney General Barr followed by VP Mike Pence and now Joint Chief chairman Gen. Milley
09/30/2023
All three of the senior most members of Trump's administration make a parting of ways with Mr. Trump when it comes to the Constitution of the United States of America, free and fair elections, the separation of powers between Congress the Executive branch and the Judiciary, and the smooth transfer of power every four years to a newly elected government, with all 435 members of Congress elected every 2 years, checks and balances put in place by the framers of the US Constitution including Jefferson and Madison to protect Democratic form of government enshrined in the words "We the People.."
Linked Articles
Gen. Mark Milley Warns of Fealty to Dictators, in Exit Speech Aimed at Trump
WSJ 09/29/2023
Opinion | General Milley and the ‘Wannabe Dictator’WSJ 09/29/2023
The collapse of American education and the slowest growth in America's history 2000-2020 as Biden tries to reverse this in 2024
05/19/2023
Krugman looks at the extraordinary effort put in by Robert Gordon of Northwestern University to look at the growth of America since 1850 over periods 1850-1870, 1870-1910, 1910-1950, 1950-2000 and 2000-2020 showing that the last 20 years have the lowest growth in American history. Gordon looks at the near collapse of American education, scores on NAEP of two thirds of 8th graders failing reading comprehension reflect this sad state of affairs that president Biden is trying to reverse in 2024. Other research shows a drop in potential GDP of 2 percentage points when education is failing as it has been for 2 decades. Other researchers have shown what is openly evident today that technology such as social media do more harm, that other internet use technology has not done much for education only established monopolies as with Google and Apple.
Linked Articles
Paul Krugman Reviews ‘The Rise and Fall of American Growth’ by Robert J. Gordon
New York Times 01/25/2016
'Secular Stagnation' May Be for RealWall Street Journal 08/27/2014
Fox News defamation case during the 2020 election
04/01/2023
The damage to democratic norms and practices for the second oldest democracy in the world after Britain is the larger issue in this defamation case.
Linked Articles
Fox News Suffers Major Setback in Defamation Case
NYTimes.com 04/01/2023
Fox News Defamation Case Cleared for TrialWSJ 03/31/2023
The danger to the US, European Union and India of concentration of chip production in Taiwan
06/20/2022
Concentrating 92% of chip production that powers cell phones, laptops, computers in Taiwan makes no sense. Five fabs are concentrated in just 1 Science Park- Hsinshu Science Park in Taiwan. A missile attack could take out half of the world's chip supply. After Ukraine the US, EU and India, South Korea, Japan need to take this seriously. Action taken now will bring results over 3-5 years. The Free World depends on creation of new supply chains using manufacturing in the US, EU, India and Japan.
Linked Articles
Opinion | China Is Losing Its Bet on Chips
WSJ 06/20/2022
Opinion | Semiconductor Dependency Imperils American SecurityWSJ 06/20/2022
De Klerk, Desmond Tutu, Mandela and the New South Africa
12/27/2021
South Africa's amazing transformation into a racially harmonious society, with people of black, white, Afrikaans, English Afrikaans, Indian, building a new South Africa owes a lot to the leadership, humility, and vision of De Klerk and Desmond Tutu, as well as Nelson Mandela. South Africa's experience offers a new sense of hope that no matter what the difficulties involved one can pull together people of different backgrounds and cultures into a united country. It is in keeping with the best ideals of Britain and of India's Mohandas Gandhi who started his work in Cape Town, South Africa.
Linked Articles
Desmond Tutu, Archbishop Who Helped End Apartheid, Dies
WSJ 12/26/2021
Legacy of FW de Klerk, South Africa's last leader under apartheid | DW | 11.11.2021DW.COM 11/11/2021
America's self-reliant economy - Biden with Trumpian undertones
01/21/2021
The Biden administration is seen as continuing the efforts of president Trump to pursue American interests in trade, technology, American workers and business to restore America's leadership role in the free world to what it was in the 1950's. Biden from Delaware is in the same tradition as president Harry Truman from Missouri in that period. Because of Biden's age this could be a one term presidency, and strange as it may sound it could be a presidency of Trump in foreign affairs and trade, technological leadership, without the rhetoric, and a socially cohesive presidency of Democrats in the tradition of Harry Truman. What then to make of all the fights of the Trump presidency? Much of this can be seen as an effort to break the status quo which did not benefit American workers.
Linked Articles
Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
WSJ 12/01/2020
Trump touts record of ‘no new wars’, standing up to China in farewell addressFrance 24 01/21/2021
Lessons for fighting coronavirus - from South Korea and Taiwan
04/12/2020
Linked Articles
East vs. West: Coronavirus Fight Tests Divergent Strategies
WSJ 03/13/2020
How has Taiwan kept its coronavirus infection rate so low? | DW | 11.03.2020DW.COM 03/11/2020
Germany's Social Democrats SPD party's renewal effort following Jeremy Corbyn and the Labour party in Britain
12/02/2019
Linked Articles
Angela Merkel’s coalition faces collapse as partner turns left
The Times 12/02/2019
Germany's SPD rank and file seek Labour's 'Corbyn factor' | DW | 08.02.2018DW.COM 12/02/2019
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