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Intel Co-Founder Calls For Tax On Offshored Labor

Posted by Soulskill on from the wishful-thinking dept.

theodp writes "Intel co-founder and ex-CEO Andy Grove calls BS on the truism that moving production offshore to locations with much lower wages is a sound idea. 'Not only did we lose an untold number of jobs,' says Grove, 'we broke the chain of experience that is so important in technological evolution. As happened with batteries, abandoning today's "commodity" manufacturing can lock you out of tomorrow's emerging industry.' To rebuild its industrial commons, Grove says the US should develop a system of financial incentives, including an extra tax on the product of offshored labor. 'If the result is a trade war,' Grove advises, 'treat it like other wars — fight to win.'"

10 of 565 comments (clear)

  1. Treat it like other wars... by bl4nk · · Score: 5, Funny

    ... and enter it with reckless abandon and no exit strategy; that last part is crucial.

  2. Re:Is Grove running for office? by Anonymous Coward · · Score: 1, Funny

    He almost got me to buy Intel again. That alone is an achievement that deserves recognition.

  3. Re:Damn Skippy! by COMON$ · · Score: 2, Funny
    Then stop supporting the offshore companies. Don't tax them.

    You have many choices of places to get support from. All that taxing these companies will do is push the cost on to you the customer.

    As a side note, I have found that I get better support many times from the offshore folks than I do from the bubblegum chewing American doing the minimal amount of work to pass me off to the next level of support. Of course I am a Nebraskan so I am accent neutral, talking to overseas is just fine with me.

    --
    CS: It is all sink or swim...oh and did I mention there are sharks in that water?
  4. Part of Obama's agenda by Anonymous Coward · · Score: 0, Funny

    The 3-prong assault on freedom includes:

    -Socialism (limit economic growth)
    -Homosexual education in high school (or before)
    -Apple-style culture

    The second amendment is the true and only guarantee of freedom for the American people in the entire Constitution. Please do not forget that if you're going to vote DemocRat.

    1. Re:Part of Obama's agenda by macintard · · Score: 3, Funny

      I am now dumber for reading your comment. Your power to reduce intelligence is amazing.

    2. Re:Part of Obama's agenda by Anonymous Coward · · Score: 1, Funny

      You repeated you second item with different wording as your third item. Please try to write more clearly, with less redundancy,

    3. Re:Part of Obama's agenda by Berkyjay · · Score: 2, Funny

      Crap, an Anonymous Coward is on to our plan. Now we must regroup and start over.

  5. Re:how is it by pitchpipe · · Score: 2, Funny

    how is it every american businessman inevitably refers to business process in terms of war.

    How DARE you misrepresent the American Businessman this way! This means WAR!

    --
    Look where all this talking got us, baby.
  6. Re:How do you decide what's offshored labor? by Anonymous Coward · · Score: 1, Funny

    Does someone need a hug?

  7. Re:Is Grove running for office? by SageMusings · · Score: 2, Funny

    Technology was supposed to give us BETTER products, now we don't even know what better IS because there is so much garbage out there?

    That's because we're simply holding it wrong.

    --
    -- Posted from my parent's basement