Just look at the failed (not literally, but certainly effectively) Manufacturing USA initiative - a constellation of research institutes first launched in 2012 to counter the Made In #China 2025 program.
To its credit, the #Obama Administration foresaw the Chinese economic threat to the West before most in Washington, but the actions taken were structurally ineffective.
Other "tangential failures" like acquiescing #A123 Systems (LFP battery foundational knowledge) and, in the case of the #German government, #Kuka, to #China-state controlled entities advanced the Made In China 2025 program by a decade or more virtually overnight.
Kuka's loss to China also substantially advanced the #Comac#C919 aircraft program - an open secret in many quarters of the Western #aerospace industry that the US and German governments do not want to admit.
After the effective failures of Manufacturing USA, which was originally intended to primarily life up small/medium #manufacturing business to fill more advanced verticals and roles through partnerships and R&D subsidies... the #ChipsAct returned to (likely more safe, politically) "trickle down" thinking.
That is, #IndustrialPolicy based on crudely throwing money at big companies.
I owe some interested people an article about my personal experiences at one Manufacturing USA institute - the former #DMDII lab in #Chicago (now called #MxD): https://www.mxdusa.org
My article will be, well, less-than-glowing to say the least.
I am finishing that up, but these threads help me solidify my thoughts.
Add comment