2010/07/03

Juxtaposition: American jobs

BusinessWeek posted this on 1 July:
Andy Grove: How America Can Create Jobs:

"A new industry needs an effective ecosystem in which technology knowhow accumulates, experience builds on experience, and close relationships develop between supplier and customer. The U.S. lost its lead in batteries 30 years ago when it stopped making consumer electronics devices... U.S. companies did not participate in the first phase and consequently were not in the running for all that followed. I doubt they will ever catch up...
These [Asian] countries seem to understand that job creation must be the No. 1 objective of state economic policy. The government plays a strategic role in setting the priorities and arraying the forces and organization necessary to achieve this goal..."


BBC News posted this today:
BBC News - US to provide nearly $2bn for two solar energy projects:
"Nearly $2bn... in loan guarantees will be given to two companies to kick-start the US solar energy industry, President Barack Obama has announced...
Abound Solar Manufacturing, will manufacture state-of-the-art thin film solar panels...
Plants will be built in Colorado and Indiana, creating 2,000 construction jobs and 1,500 permanent jobs, the Associated Press reports...
'We're going to to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America,' he said on Saturday."


Groves's article contains many thought-provoking assertions. Well worth reading.

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