Breaking News
Comments
Newest First | Oldest First | Threaded View
<<   <   Page 4 / 4
Kaiser Silicon
User Rank
Rookie
re: Don't blame Obama for fabless America
Kaiser Silicon   10/27/2010 6:59:24 PM
NO RATINGS
Obama has been a disaster for business. He's taken a very hostile attitude, and businesses have responded by not investing in the US. He passed the Healthcare scam that raise the cost of doing business, and will sooner or later cause tax increases to insure those who aren't currently. He's allowing a massive tax increase to occur in January. I fall back on an old adage. You can't be pro-jobs and anti-business. However, he's been very anti-business. Now one could argue, and I would agree, that there needs to be tightening of rules in the financial sector and the housing market, but that should have been straight forward to do. It should have been little more than a minor course correction to prevent what happened 2 years ago from repeating. With the bash business rhetoric, businesses have responded accordingly, and done nothing out of fear of uncertainty. QED.

GreatCommunicator
User Rank
Apprentice
re: Don't blame Obama for fabless America
GreatCommunicator   10/27/2010 6:37:58 PM
NO RATINGS
Yes Intel is more patriotic that other companies, but even Intel isn't immune to US economic policy. I'm sure their recent decision to shutter their Oregon chipset fab and open up a FAB in China is not a one-time event but the start of a trend. In general it's easier for large companies to keep operations in the US; they can often extract tax concessions from local and state govenments as well as favorable tax treatment from the IRS. This is typically not the case for small business. To stay compentitive I need to keep all my IC and board manufacturing overseas and the rest of my operations in the US to the absolute minimum. And if current trends continue I might have to move the HQ and the rest of the company overseas as well. As for the role presidents play, FDR still has Obama beat in terms of absolutly the most destructive and moronic economic policies, but Obama's quickly gaining ground. Obama's cap and tax plan could end up being the the last nail in the coffin of American technological leadership.

mark.lapedus
User Rank
Rookie
re: Don't blame Obama for fabless America
mark.lapedus   10/27/2010 5:09:48 PM
NO RATINGS
I agree with Dan. Obama is not the problem. He is looking for solutions for a problem that started long ago. What is the solution?

<<   <   Page 4 / 4


Most Recent Comments
Flash Poll
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Rishabh N. Mahajani, High School Senior and Future Engineer

Future Engineers: Don’t 'Trip Up' on Your College Road Trip
Rishabh N. Mahajani, High School Senior and Future Engineer
1 Comment
A future engineer shares his impressions of a recent tour of top schools and offers advice on making the most of the time-honored tradition of the college road trip.

Max Maxfield

Juggling a Cornucopia of Projects
Max Maxfield
7 comments
I feel like I'm juggling a lot of hobby projects at the moment. The problem is that I can't juggle. Actually, that's not strictly true -- I can juggle ten fine china dinner plates, but ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
37 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...

Karen Field

July Cartoon Caption Contest: Let's Talk Some Trash
Karen Field
129 comments
Steve Jobs allegedly got his start by dumpster diving with the Computer Club at Homestead High in the early 1970s.

Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)