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by kw71
4026 days ago
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I think that we had it in the past in the USA. Almost a hundred years ago an electronics market sprung up in New York City, and electronics manufacturing factories in the city and suburbs. I think it was Robert Moses who decided to raze Radio Row to build WTC. After the war, our electronics industry was mostly driven by the government's war on communism. When consumer electronics innovation picked up again, US companies were already looking to buy from or build in Asia (Japanese CB radios) or Asians were already here doing business themselves (Sony Walkman). |
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The reality is that U.S. Corporate taxes are too high, the EPA often acts like the Gestapo, state and local permitting makes filing papers in India seem like ordering from Uber.
Don't misinterpret, I am not hating the EPA, however their obsession over CO2 is killing US industry. Taxes are killing growth and NIMBY politics has pushed the factories across the oceans and over the border. Obamacare is also a large disincentive to business.
You may agree with the above things, however when you can't even convince people to buy a useful app for $1.99, you certainly cannot convince consumers to pay hundreds of dollars more for electronics to have US manufacturing.