Chips—semiconductors—are a critical part of our modern economy (read all about that in Mark’s book). So, where they’re manufactured matters. It’s good that Congress finally noticed. But there’s far more to the story, and more to be done, much of it differently, to reignite American “soft” power in the “hard” industries of manufacturing.
For historical perspective see “How America Can Create Jobs,” by Andy Grove, in Bloomberg, July 1, 2010.
About The Last Optimist
The roaring 2020s are upon us and the Manhattan Institute’s senior fellow Mark P. Mills is here to make sense of it. In a brand-new new podcast, The Last Optimist, Mills applies his knowledge as an author, businessman, and physicist to explore issues of the day and host insightful conversations with leading thinkers and innovators.