Moderators: richierich, ua900, PanAm_DC10, hOMSaR
frmrCapCadet wrote:https://www.bloomberg.com/news/articles/2022-01-10/intel-intc-about-to-lose-chipmaking-crown-to-samsung-in-2022?srnd=premium
Intel is about to be surpassed by Samsung*. The US once produced 37% on world's chips, now down to 12. The CEO is worried, about what profits will do if they spend the money on designing and building new chips. (shades of Boeing decline). Republicans refuse to pass the Build Back which includes $50 billion addressing American electronic production. Folks - we are actively pursuing second rate status. Uneducated people, raising a generation of ever few kids even less prepared for competing in the 21st century. But boy, however well the .1% will do.
*It doesn't bother me that Samsung, hell even the commie Chinese do. What bothers me is how poorly we are doing.
frmrCapCadet wrote:Intel is about to be surpassed by Samsung*. The US once produced 37% on world's chips, now down to 12. The CEO is worried, about what profits will do if they spend the money on designing and building new chips. (shades of Boeing decline). Republicans refuse to pass the Build Back which includes $50 billion addressing American electronic production. Folks - we are actively pursuing second rate status. Uneducated people, raising a generation of ever few kids even less prepared for competing in the 21st century. But boy, however well the .1% will do.
c933103 wrote:I don't think the United States government have any obligation to rescue a failing company, especially when it's failing against other companies who are also in the US
frmrCapCadet wrote:https://www.bloomberg.com/news/articles/2022-01-10/intel-intc-about-to-lose-chipmaking-crown-to-samsung-in-2022?srnd=premium
Intel is about to be surpassed by Samsung*. The US once produced 37% on world's chips, now down to 12. The CEO is worried, about what profits will do if they spend the money on designing and building new chips. (shades of Boeing decline). Republicans refuse to pass the Build Back which includes $50 billion addressing American electronic production. Folks - we are actively pursuing second rate status. Uneducated people, raising a generation of ever few kids even less prepared for competing in the 21st century. But boy, however well the .1% will do.
*It doesn't bother me that Samsung, hell even the commie Chinese do. What bothers me is how poorly we are doing.
Francoflier wrote:The shortfalls of unchecked capitalism...
No large scale strategies, no coordination. Any political planning at the national scale is promptly shot down by the industry's powerful leverage on politicians.
It's all about next year's financial performance, and not much else.
Some larger companies may have longer term goals, maybe panning over the next 5, 10 years at best, but there is no vision beyond that, and no interest to benefit or serve the people or community around them.
The capitalist model is necessary and has proven to be the only stable system for sustainable societies, but it is also myopic and self-serving by its very nature. It's ridiculous to push for deep deregulation unless we believe that it should not also serve the society it is a fundamental part of, especially since they both depend on one another.
c933103 wrote:Francoflier wrote:The shortfalls of unchecked capitalism...
No large scale strategies, no coordination. Any political planning at the national scale is promptly shot down by the industry's powerful leverage on politicians.
It's all about next year's financial performance, and not much else.
Some larger companies may have longer term goals, maybe panning over the next 5, 10 years at best, but there is no vision beyond that, and no interest to benefit or serve the people or community around them.
The capitalist model is necessary and has proven to be the only stable system for sustainable societies, but it is also myopic and self-serving by its very nature. It's ridiculous to push for deep deregulation unless we believe that it should not also serve the society it is a fundamental part of, especially since they both depend on one another.
Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
SEAorPWM wrote:c933103 wrote:Francoflier wrote:The shortfalls of unchecked capitalism...
No large scale strategies, no coordination. Any political planning at the national scale is promptly shot down by the industry's powerful leverage on politicians.
It's all about next year's financial performance, and not much else.
Some larger companies may have longer term goals, maybe panning over the next 5, 10 years at best, but there is no vision beyond that, and no interest to benefit or serve the people or community around them.
The capitalist model is necessary and has proven to be the only stable system for sustainable societies, but it is also myopic and self-serving by its very nature. It's ridiculous to push for deep deregulation unless we believe that it should not also serve the society it is a fundamental part of, especially since they both depend on one another.
Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
I can think of two large US government programs that helped spur innovation during the US technological "golden era" of the 1950s - mid 80s:
- ARPANET: lead to the modern internet
- NASA/Apollo program: hydrogen fuels, solar panels, digital FBW, etc...
In Western Europe Airbus came about from government planning. I'm probably missing many other examples from other parts of the capitalist world as well.
pune wrote:SEAorPWM wrote:c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
I can think of two large US government programs that helped spur innovation during the US technological "golden era" of the 1950s - mid 80s:
- ARPANET: lead to the modern internet
- NASA/Apollo program: hydrogen fuels, solar panels, digital FBW, etc...
In Western Europe Airbus came about from government planning. I'm probably missing many other examples from other parts of the capitalist world as well.
Actually, almost all technological improvements came from Govt. money and then pushed into private hands so they can make more money for the capitalists. Three examples from the U.S. itself.
1. John B. Goodenough makes RAM at MIT Lincoln Laboratory
2. John B. Goodenough makes lithium-ion batteries while being the lead researcher at the University of Texas.
3. Tesla is given various grants and loans even before they make the first roadster and even then they are given loads of loans.
Credit though should go to Elon Musk that he repaid all those loans in record time although was penalized for the same. I am sure there are plenty more.
Even the recent vaccines and whatnot came from public money.
And then there is this - https://twitter.com/RepKatiePorter/stat ... 7566391297
LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
US continues to lead the world in software, law, finance, medical tech. Space. Universities. We will see if that continues.
To focus on where the chip fabrication building is located... or the fact China makes a lot of batteries... yes, but they do it largely with US / Canadaian/European / Korean / Japanese / Taiwanese technology.
I think the US has problems... very poor government efficiency and effectiveness. A combination of incompetence and corruption across state and federal governments. Corporations sort themselves out, if you regulate the free market skillfully (which we don't). Despite this, we do pretty well in the US.
Aaron747 wrote:
There just aren't enough American youth interested in STEM to compete long term, and it doesn't help in a society where anti-intellectualism has buried itself to the hilt the last few years.
frmrCapCadet wrote:How any aviation fan could post that is puzzling. MacDonald? Douglas? Boeing? And whoever is left is surviving on military. But then there are Cessna and Piper who just keep chugging along.
LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
frmrCapCadet wrote:LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
US continues to lead the world in software, law, finance, medical tech. Space. Universities. We will see if that continues.
To focus on where the chip fabrication building is located... or the fact China makes a lot of batteries... yes, but they do it largely with US / Canadaian/European / Korean / Japanese / Taiwanese technology.
I think the US has problems... very poor government efficiency and effectiveness. A combination of incompetence and corruption across state and federal governments. Corporations sort themselves out, if you regulate the free market skillfully (which we don't). Despite this, we do pretty well in the US.
How any aviation fan could post that is puzzling. MacDonald? Douglas? Boeing? And whoever is left is surviving on military. But then there are Cessna and Piper who just keep chugging along.
LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
US continues to lead the world in software, law, finance, medical tech. Space. Universities. We will see if that continues.
To focus on where the chip fabrication building is located... or the fact China makes a lot of batteries... yes, but they do it largely with US / Canadaian/European / Korean / Japanese / Taiwanese technology.
I think the US has problems... very poor government efficiency and effectiveness. A combination of incompetence and corruption across state and federal governments. Corporations sort themselves out, if you regulate the free market skillfully (which we don't). Despite this, we do pretty well in the US.
LCDFlight wrote:
I don’t think our government should have approved that merger. Military procurement hasn’t been good either. The FAA’s supervision of Boeing wasn’t good. These regulatory weaknesses have caused some bad things to happen.
But I don’t think these problems are engineering / tech weaknesses of the USA. We have really good engineers in the US, and enough money to pay them. I think (as this thread indicates) our industrial policy has not been up to the task of effectively governing our industries.
FlapOperator wrote:LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
Where Americans are allowed to innovate, they seem to do well.
When the bureaucracy develops to its own logic, it demands government handouts in the name of the "greater good."
Rhymes with "going."
pune wrote:
The action for many things has moved to China. The largest car market is now China and they are doing lot of things there. Most legacy auto companies are being left behind, whether it is States or EU.
FlapOperator wrote:LCDFlight wrote:
I don’t think our government should have approved that merger. Military procurement hasn’t been good either. The FAA’s supervision of Boeing wasn’t good. These regulatory weaknesses have caused some bad things to happen.
But I don’t think these problems are engineering / tech weaknesses of the USA. We have really good engineers in the US, and enough money to pay them. I think (as this thread indicates) our industrial policy has not been up to the task of effectively governing our industries.
Or even deciding what "effective governance" means. Is it making sure all of the workers have bus passes and child care? Is it tax policy and subsidies? How about immigration policy? Who is empowered to make this decision?
All of the above? Which is most important? How do we pay for it? Its a little self defeating to think we can simultaneously have the highest tax rates and friendliest business climate, at the same time.
pune wrote:
FWIW, China has 4% tax rate the last I heard. The BRI thing that China has with some 20-30 odd countries have all agreed to peg their products on the 4% rate over 10-15 years. From what little I know and understand, the idea is to have something that is of similar grouping as EU has (the single market). Sadly, the U.S. hasn't imagined anything similar in the last few years. They could do and have done a lot with Latin American countries but they didn't and now China is also courting them
Somehow the U.S. has been sleeping at the wheel it seems.
FlapOperator wrote:pune wrote:
The action for many things has moved to China. The largest car market is now China and they are doing lot of things there. Most legacy auto companies are being left behind, whether it is States or EU.
We will see how their economy fares as they manage their real estate bubble and can steal less IP.
FlapOperator wrote:Aaron747 wrote:
There just aren't enough American youth interested in STEM to compete long term, and it doesn't help in a society where anti-intellectualism has buried itself to the hilt the last few years.
Yeah, because a political decision to undercut wages with H-1B visa holders totally is the policy to ensure that wages in tech sectors remain high and outsourcing is really recent element to the US economy.
Aaron747 wrote:FlapOperator wrote:Aaron747 wrote:
There just aren't enough American youth interested in STEM to compete long term, and it doesn't help in a society where anti-intellectualism has buried itself to the hilt the last few years.
Yeah, because a political decision to undercut wages with H-1B visa holders totally is the policy to ensure that wages in tech sectors remain high and outsourcing is really recent element to the US economy.
I didn’t say H1-B is the solution either. But it is very difficult to coordinate a national educational drive toward STEM across the board, especially given different priorities in different states. The last time this succeeded was before Apollo, but national priorities and challenges were different then.
pune wrote:LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
US continues to lead the world in software, law, finance, medical tech. Space. Universities. We will see if that continues.
To focus on where the chip fabrication building is located... or the fact China makes a lot of batteries... yes, but they do it largely with US / Canadaian/European / Korean / Japanese / Taiwanese technology.
I think the US has problems... very poor government efficiency and effectiveness. A combination of incompetence and corruption across state and federal governments. Corporations sort themselves out, if you regulate the free market skillfully (which we don't). Despite this, we do pretty well in the US.
Actually, you are a bit wrong at least on the China LFP battery. In fact, you can look up google scholar or whatever patent engine you want. In the last couple of decades, China has made lot of IP in the battery space and that is in the LFP place. Just like it did with 5G and now capitalizing on what they learned in 5G to 6G. Other points are good, space I would say you have a slight advantage over China but after China also managed to put a rover on Mars that space is shrinking, although NASA has a beautiful program but sadly has been mercilessly axed/cut over decades. The same I am guessing is the issue on Universities. From my own country, people who are going to abroad to learn are using either China or Germany (Germany more if they want to some sort of heavy engineering, plus it is not so expensive as U.S. is and is also more welcoming of immigrats. China if they want to do something either in space or in chip development even though they have years to catch up to the U.S. )
FlapOperator wrote:LCDFlight wrote:
I don’t think our government should have approved that merger. Military procurement hasn’t been good either. The FAA’s supervision of Boeing wasn’t good. These regulatory weaknesses have caused some bad things to happen.
But I don’t think these problems are engineering / tech weaknesses of the USA. We have really good engineers in the US, and enough money to pay them. I think (as this thread indicates) our industrial policy has not been up to the task of effectively governing our industries.
Or even deciding what "effective governance" means. Is it making sure all of the workers have bus passes and child care? Is it tax policy and subsidies? How about immigration policy? Who is empowered to make this decision?
All of the above? Which is most important? How do we pay for it? Its a little self defeating to think we can simultaneously have the highest tax rates and friendliest business climate, at the same time.
LCDFlight wrote:pune wrote:LCDFlight wrote:I think US technology remains quite good. Tesla is a good example.
US continues to lead the world in software, law, finance, medical tech. Space. Universities. We will see if that continues.
To focus on where the chip fabrication building is located... or the fact China makes a lot of batteries... yes, but they do it largely with US / Canadaian/European / Korean / Japanese / Taiwanese technology.
I think the US has problems... very poor government efficiency and effectiveness. A combination of incompetence and corruption across state and federal governments. Corporations sort themselves out, if you regulate the free market skillfully (which we don't). Despite this, we do pretty well in the US.
Actually, you are a bit wrong at least on the China LFP battery. In fact, you can look up google scholar or whatever patent engine you want. In the last couple of decades, China has made lot of IP in the battery space and that is in the LFP place. Just like it did with 5G and now capitalizing on what they learned in 5G to 6G. Other points are good, space I would say you have a slight advantage over China but after China also managed to put a rover on Mars that space is shrinking, although NASA has a beautiful program but sadly has been mercilessly axed/cut over decades. The same I am guessing is the issue on Universities. From my own country, people who are going to abroad to learn are using either China or Germany (Germany more if they want to some sort of heavy engineering, plus it is not so expensive as U.S. is and is also more welcoming of immigrats. China if they want to do something either in space or in chip development even though they have years to catch up to the U.S. )
Agree with what you said. China has some IP.. Doubt the US advantage in space is "slight" either.. you are mentioning things the US did in 1997, now 25 years ago. Yes, China is super impressive, but let's be fair. Yes, they have nuclear submarines now... the US first successful nuclear sub was 67 years ago, and so on.
I am more impressed by India know-how, anyway.
c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
Francoflier wrote:c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
Francoflier wrote:c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
c933103 wrote:Francoflier wrote:c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
I thought most power lines, telegram cables, and railway in 19th century were privately built.
pune wrote:c933103 wrote:Francoflier wrote:
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
I thought most power lines, telegram cables, and railway in 19th century were privately built.
Depends actually on which country you are talking about. India, China, Japan, Germany in all these countries they were all built with Govt. money. In fact, still is, although in my country now they want to make it private and actually break it up so that people either travel by planes or by buses in few years time
c933103 wrote:pune wrote:c933103 wrote:I thought most power lines, telegram cables, and railway in 19th century were privately built.
Depends actually on which country you are talking about. India, China, Japan, Germany in all these countries they were all built with Govt. money. In fact, still is, although in my country now they want to make it private and actually break it up so that people either travel by planes or by buses in few years time
Most railway in China and Japan were privately constructed, only later nationalized, during periods like WWI and WWII
pune wrote:c933103 wrote:pune wrote:
Depends actually on which country you are talking about. India, China, Japan, Germany in all these countries they were all built with Govt. money. In fact, still is, although in my country now they want to make it private and actually break it up so that people either travel by planes or by buses in few years time
Most railway in China and Japan were privately constructed, only later nationalized, during periods like WWI and WWII
Because they fell in bankruptcies. Actually in both cases the private guys welcomed nationalization as they were suffering losses. This was also in UK.
https://www.theguardian.com/politics/20 ... d-bad-ugly
c933103 wrote:Francoflier wrote:c933103 wrote:Why would such government planning be needed for further success when the industralized world weren't developed into today's siccess through government planning?
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
I thought most power lines, telegram cables, and railway in 19th century were privately built.
frmrCapCadet wrote:c933103 wrote:Francoflier wrote:
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
I thought most power lines, telegram cables, and railway in 19th century were privately built.
With huge government subsidies, in the form of vast land grants. By the way, most of the RRs have been through multiple bankruptcies. In every century except the current.
frmrCapCadet wrote:c933103 wrote:Francoflier wrote:
Large infrastructure projects, those necessary for the development of industry and services within a nation, are almost always orchestrated by governments.
Large innovations drivers also very often find their origins in government programs; space exploration, military programs (especially in times of war...), large scale energy generation projects, advanced transportation, science research, etc...
Many of modern day technology or infrastructure can find its roots in programs initiated by governments. I don't contest that the technologies are then appropriated and furthered by the private sector, but public investment has still been crucial to most of the technologies and infrastructure that make our modern societies what they are.
Infrastructure, especially, is a sine qua non condition to industrialization. The first industrial revolution in Europe in the 18th/19th Century would not have happened without the foresight of governments planning and facilitating the construction of roads, railroads and ports necessary for those industries to function.
More recently, large scale infrastructure planning is what has facilitated the massive industrialization of China, as cheap labor is only a part of what made it possible.
I thought most power lines, telegram cables, and railway in 19th century were privately built.
With huge government subsidies, in the form of vast land grants. By the way, most of the RRs have been through multiple bankruptcies. In every century except the current.
frmrCapCadet wrote:RR, railroads. https://en.wikipedia.org/wiki/History_o ... %80%931877)
This link gives a short history.
pune wrote:Aaron747 wrote:FlapOperator wrote:
Yeah, because a political decision to undercut wages with H-1B visa holders totally is the policy to ensure that wages in tech sectors remain high and outsourcing is really recent element to the US economy.
I didn’t say H1-B is the solution either. But it is very difficult to coordinate a national educational drive toward STEM across the board, especially given different priorities in different states. The last time this succeeded was before Apollo, but national priorities and challenges were different then.
Why is it that Europe is able to have a much better STEM drive across the board then, perhaps a cheaper education may be the reason for this? And it has been for quite a while. From what I know of many of my friends who have gone abroad and especially to the EU for studies, it is not only cheaper but also better structured as well and easier career options. In fact, there was a recent study where it came to be known that more than half the Indians get their citizenship to EU. Also, it is more welcoming than States as far as immigrants is concerned. There are and have been quite a few channels on YT (Youtube) where they call for students from India who want to study in STEM. Win-win for both.
https://www.theodysseyonline.com/15-rea ... an-america
DL717 wrote:pune wrote:Aaron747 wrote:
I didn’t say H1-B is the solution either. But it is very difficult to coordinate a national educational drive toward STEM across the board, especially given different priorities in different states. The last time this succeeded was before Apollo, but national priorities and challenges were different then.
Why is it that Europe is able to have a much better STEM drive across the board then, perhaps a cheaper education may be the reason for this? And it has been for quite a while. From what I know of many of my friends who have gone abroad and especially to the EU for studies, it is not only cheaper but also better structured as well and easier career options. In fact, there was a recent study where it came to be known that more than half the Indians get their citizenship to EU. Also, it is more welcoming than States as far as immigrants is concerned. There are and have been quite a few channels on YT (Youtube) where they call for students from India who want to study in STEM. Win-win for both.
https://www.theodysseyonline.com/15-rea ... an-america
I don’t know that STEM drive is the issue. I think a lot of people just want to be desk jockeys. There is also a general perception that arose in the last 40 years that a college degree meant a great laid-back desk job with high pay and great benefits. Didn’t want to work hard as a blue-collar dad did. Lack of backfill for dad lead to jobs being shipped across the ocean to people who were/are willing to do the job. Problem is, a lot of students took the path of least resistance to an easy degree to get there and wound up unemployed with a basket weaving diploma doing a job they are completely unhappy with. Seriously, when was the last time you heard a kid say their dream job was to work on the floor of a GM plant? I’m sure there are a few, but they are few and far between. If anything, the problem is too many people with degrees. Not everyone should or needs to go to college, but that’s what has been pushed hard since the ’70s so people are doing it and continue to do so. Now they want it for free which certainly won’t help the situation.