Would you want a shooting war with with China? Is Taiwan worth a war. China is actually a bigger risk because we are trade dependent and they Own about $1Trillion in Treasury securities. That’s about 15% of our foreign debt. They could make a real mess right now with the current deficit.
Additionally Taiwan makes about 50% of the worlds semicors. That is a biggest er stregic threat. The US hasn’t kept up in semiconductor manufacturing. There is a bill pending in Congress that needs to get passed and implemented.. But in the current political dynamic it won’t get signed till the legislature flips. The “Gator recovery plan” has always been part of the infrastructure package needs to be diverted to construction of about 10 x $1 Billion plants leased to various manufacturers.
Intel Announces $20 Billion Ohio Facility; Latest Company to Invest in U.S., Strengthen Domestic Supply Chains Semiconductors are an essential building block in the goods and products that Americans use every day. These computer chips are critical to a range of sectors and products from cars to...
www.whitehouse.gov
Where did I say I want a war with anyone? I don't; however, if there were ever to be a war with China, the sooner the better... or we wait to they've polluted themselves half to death.
Just curious, has this administration done anything to bring back American manufacturing? I know Biden’s former boss was stumped when he was asked about blue collar jobs moving overseas.
“What magic wand do you have?”
MARCH 20, 2019 —
BLOG
In June 2016, President Obama, in a town hall in Elkhart, Indiana,
asserted that American manufacturing was merely a thing of the past.
When asked by an audience member why blue-collar jobs continue to disappear, the 44th President admitted that good-paying jobs in America were moving overseas under his watch. Mr. Obama asserted that “some of those jobs of the past are just not going to come back.”
“When somebody says . . . that he’s going to bring all these jobs back, well, how exactly are you going to do that? What are you going to do?,” Mr. Obama asked.
“There’s no answer to it. . . .
What magic wand do you have?”
Our last President was actually helping in this matter.