"...sounds protectionist, so be it!"
Andy still believes in America
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Intel‘s CEO or Chairman from 1987 until 2005.
"I left the restaurant unsettled. Something did not add up. Bay Area unemployment is even higher than the 9.7 percent national average. Clearly, the great Silicon Valley innovation machine hasn't been creating many jobs of late—unless you're counting Asia, where American tech companies have been adding jobs like mad for years."
"The underlying problem isn't simply lower Asian costs. It's our own misplaced faith in the power of startups to create U.S. jobs.
Americans love the idea of the guys in the garage inventing something that changes the world. New York Times columnist Thomas L. Friedman recently
encapsulated this view in a piece called "Start-Ups, Not Bailouts." His argument: Let tired old companies that do commodity
manufacturing die if they have to. If Washington really wants to create jobs, he wrote, it should back startups."
"Friedman is wrong.
"I fled Hungary as a young man in 1956 to come to the U.S. Growing up in the Soviet bloc, I witnessed first-hand the perils of both government overreach and a stratified population. Most Americans probably aren't aware that there was a time in this country when tanks and cavalry were massed on Pennsylvania Avenue to chase away the unemployed. It was 1932; thousands of jobless veterans were demonstrating outside the White House. Soldiers with fixed bayonets and live ammunition moved in on them, and herded them away from the White House. In America! Unemployment is corrosive. If what I'm suggesting sounds protectionist, so be it." |
Does America Need Manufacturing?
"To a large extent our government has not yet realized that the self-interests of our corporations, especially our large
global corporations, can diverge from the interests of our country. We need to find ways to fundamentally "change the
motivations of corporations to align with those of our country
Extremely well credentialed & true
American Made Hero.
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We celebrated America's Andy Grove at this 1st "Gathering of Heroes" event!
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