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547610831 t1_je34a5q wrote

Reply to comment by DonQuixBalls in $52 Billion Chipmaking Plan Is Racing Toward Failure by savuporo

It's not just labor costs. There's also a lot of regulations in the US which increase costs.

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DonQuixBalls t1_je35j0d wrote

Regulation definitely adds to the bottom line, both in real dollars and the cost of added time. Sounds like a streamlined approval process is what's desperately needed. Same is true for mining permits.

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savuporo OP t1_je3f0lc wrote

> Sounds like a streamlined approval process is what's desperately needed

That's ... precisely what the article advocates for. And also for streamlined immigration of absolutely required skilled talent, because US education system isn't producing nearly enough

"Streamlined approvals" ( aka less regulation ) is also desperately needed for things like building out infrastructure

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