Okay, now my head is spinning. So the dude that wrote the article is quoting Andy Grove, Now, I'm trying to decide if Grove likes our economic model (maybe I mis-read it). So I'm looking for Grove's original article.
In the process of that search, I found this article:
Why Andy Grove is Wrong
http://www.businessweek.com/technolo...836_page_2.htm
Quote:
Last, we need to provide incentives to American companies to keep research in the U.S. Grove didn't mention the huge incentives that countries like China provide to Intel and other tech companies. The lure for them isn't just cheap labor (with lax labor regulation), but also heavily subsidized infrastructure and cash subsidies. We may have to level the playing field in industries where other countries aren't playing by the rules. But we need to be smart in how we do it.
There is no doubt that the U.S. has reason to worry about its competitiveness. China, India, and many other countries have learned the secrets of America's success—its open economy and capitalist ways. They are trying very hard to become like us. Let's not become like they used to be.
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I'll pay a beer of choice to the first person that posts Groves original article!
I gotta read it first hand and my research time is over. (I gotta go someplace)