A geo-strategic win for securing the semiconductor supply chain, and the top parent comments in here are complaints about the parking lot and how much tax money it’s going to take.
Sheesh.
Sheesh.
IMO it's still fine to subsidize - everyone else (Taiwan, SK, China, MY) is doing it against WTO regulations, so we may as well
Of course it is.
> everyone else (Taiwan, SK, China, MY) is doing it against WTO regulations, so we may as well
You have it backwards. The US was/is/will be doing it so taiwan,sk,china, MY) is doing it. The biggest violators of WTO regulations is the US. And the WTO is pretty much defunct because of the US. The biggest and most egregious mercantilistic country is the US. Not china or any of the country you listed.
The sad thing is, the rest of the world should be subsidizing far more to offset unfair help US corporations get.
Ultimately (multimately?) the collective mindset is of the investors and execs who directly, financially benefit from those reasons.
I know this is a narrow lens with which to view pub+corp financial decisions. But it keeps producing such stunningly accurate pictures and I find it hard to not use it.
Yes labor is cheaper in Asia. But the other factor is the availability of a certain kind of labor force. You need a lot of people that are highly skilled to operate these facilities. There isn’t that kind of workforce available in NA today.
I think you're right and I'm not wrong. Wile picking apart the complexities, the drive to maximize profit will be a factor popping up again and again.
While the middle class sure has shrunk, the life those in it live is markedly more materialistic than in the past. Fifty years ago there was no Temu, Alibaba, or Amazon TYEVRRTY brands to deck out facet of your life once you clear the cost of basic living. Houses are expensive as ever, but filling them has never been so cheap.
https://www.aei.org/carpe-diem/yes-the-us-middle-class-is-sh...
It cannot be stated enough that people who aren’t domain experts should not be using stats to push narratives because lots of nuance is lost when just numbers are shown.
Real dollars.
> It cannot be stated enough that people who aren’t domain experts should not be using stats to push narratives because lots of nuance is lost when just numbers are shown.
Agreed, so its really important for everyone right now that you personally refrain from commenting further.
Per capita disposable real income
https://fred.stlouisfed.org/series/A229RX0
Real median family income
You've been caught outright lying and you have no address for it other than calling me the idiot?
Please, leave.
The internet/social me is so hyper focused on those at the bottom that they have lost sight of what its like just a few levels up. But it's critical to understand in order to craft functional solutions.