Saturday, January 19, 2013

Micro-Electronics

http://www.upi.com/Science_News/Technology/2012/12/24/China-shows-electronic-circuit-advance/UPI-48801356389925/

The United States used to be the nation everyone looked to for technological innovation.  The Americans invented the VCR, the television, we first mass produced the automobile, and many other important technologies.  Now the Communist Chinese are making new innovations with products that other nations can't yet do on their own.

President Obama spent several trillion dollars to stimulate the economy.  The Communist Chinese have an institute to develop micro-electronics technology.  President Obama came up with a cash for clunkers program.  The Communist Chinese are not scrapping old cars and driving up the price of used cars so that the poor can't afford them.  Rather, they are inventing new products that people will want to buy from them.

The US economy has been terrible since President Obama has been in office.  In four years we still have a stalled economy, slow economic growth, a high trade deficit and high unemployment.  Despite low interest rates for homes, the economy is not moving.  We need to grow the economy, stop importation of expensive, value added consumer products and stop exporting American jobs.  We need to take a longer term view and develop new products and new solutions to our old problems; that's the view from the Hysterical Right Wing.

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