Day: March 9, 2023

America’s $52 Billion Plan to Make Chips at Home Faces a Labor Shortage + manufacturing chips in the US could make smartphones more expensive

Ms. Cat

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?! 🤷🏼‍♀️

Advertisement

Georgia Protests: US Seeks to Open 2nd Front Against Russia

Ms. Cat

– Protests in Georgia consist of US-backed opposition groups (literally waving US and EU flags) attempting to block a bill to increase transparency behind political groups to reduce foreign interference;

– The US has already once overthrown Georgia’s government in 2003, according to the London Guardian;

– By 2008 after flooding Georgia with weapons and training its military, Georgia attacked Russia, according to a EU investigation;

– The US seeks to stir up trouble in Georgia again to “extend” Russia as explained in detail by the RAND Corporation’s 2019 paper, “Extending Russia;”

– The US has pressured other nations attempting to pass bills to protect against foreign interference including recently Thailand

References:

Georgia Protests: US Seeks to Open 2nd Front Against Russia (Odysee) via The New Atlas

Previously:

Daily pictures: Maidan 2.0 in Georgia?