Wednesday, April 27, 2022

China Moves to "Beef up" Infrastructure: U.S. Needs a Double Patty!

 If you are following the China and U.S. national competitive initiatives you can gain a grasp of how infrastructure is becoming central to both nations and their approaches. China is a country that rose to power quickly in part because some U.S. executives found that the profits drawn from investing overseas was worth more than the total cost-benefit of investing in the U.S. (See how metrics can be misleading because they are finite and often fail to take in all the different factors. They used profit as one of the primary drivers without considering the longer term implications such as stolen technology, weakening of U.S. competitiveness, long term economic health, workforce development, etc.... That doesn't mean outsourcing to free up U.S. capacity to focus on higher value development is different than outsourcing entire manufacturing sectors to shave price. One keeps the highest value aspects of the line in the U.S. while the other moves the ultimate direction of value to another country.). The U.S. has amazing cultural and national resources that can be dusted off and put back to good use. Likewise, it has a shot at creating the first advanced Digital Era advanced manufacturing nations (That could happen if policy makers make the right decisions that lead to a series of open doors. Everything has risk and that includes doing nothing. China is also pushing to enhance its digital technology thereby understanding the wider significance is beneficial.)

I think you should read the article below to sort of gain a better understanding of what is going on. We have options to put our infrastructure initiatives into industry-government macro innovation systems whereby multiple sectors gain advantage (military, industry, micro companies, communities, etc...). Let us see what our policy makers come up with (Let just wait a few minutes while they finish up bickering about lesser important things. Just wait...they should finish anytime soon......waiting.....coming soon.....anytime now........💤💤😒🤷 Biggest Threats)

China’s Xi announces another infrastructure push to boost growth as Covid drags on



No comments:

Post a Comment