New York Times (January 16)
2023/ 01/ 17 by jd in Global News
“Intent on reversing America’s decline in the world’s production of cutting-edge semiconductors, the federal government has begun what is arguably the government’s largest foray into the private sector since World War II.” This “more muscular approach to industrial policy” is “pockmarked with risks. On balance, the record of government trying to improve the functioning of the private sector is poor, and particularly in complex sectors like semiconductors, the challenges are great.”
Tags: Complex, Cutting edge, Decline, Government, Industrial policy, Intent, Private-sector, Production, Reversing, Risks, Semiconductors, U.S., WWII