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Electronic information

Intel CEO: U.S. recession is about to face the technology industry

In Electronic Infomation Category: R | on December   1, 2010

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Intel CEO Paul Otellini (Paul Otellini)

According to foreign media reports, Intel CEO Paul Otellini (Paul Otellini) has warned that if the U.S. government policies do not change, the U.S. technology industry will face a major recession.

Otellini said the U.S. law for enterprises, has been very hostile to the United States is likely inevitable wealth and AD589JH datasheet and wealth transfer phenomenon, which is currently being experienced in Europe is very similar, which is a pain events.

Long ago, Otellini pointed out: "Our R & D center in the worlds few rivals. For the founding capital, the country has no longer attractive. Compared to other parts of the world, we seem to be leading in technology a generation. And all this will cease to exist. "

Executives of technology companies in the bleak forecast for the future, as well as sharp criticism of government policy is no longer fresh.

In 2005, Microsoft Chairman Bill Gates (Bill Gates) has said that immigration and AD589JH price and foreign workers (guest workers) in China and AD589JH suppliers and India will promote the development of research institutions. The previous year, the former Intel CEO Craig Barrett (Craig Barrett) has warned the U.S. government must reform the education system vigorously.

This did not happen. American politicians have not been in accordance with the recommendations of Gates to reconsider the revision of related laws. U.S. foreign labor laws will lead to the completion of their studies, was immediately asked to leave the United States.

Now six years later, but no major changes in policies. Company executives predict will be even more depressed about the future, it will not surprising.

Otellini said: "I think officials in Washington is not clear what should be done to create jobs. I think, when Keynesian economic theory does not work, they are at a loss."

From a sudden slump in late 2008 after the U.S. economy, the Obama administration and its congressional allies have developed a multi-trillion dollar deficit spending plan, they say it will stimulate the economy, but they did not continue the Bush administration tax cuts, but further promote the new health care plan and the corporate carbon emissions control plan.

Otellini said they are now being caught in a strange Juan, they try to find the answer. Otellini pointed out that the United States have faced a series of each industry, and more uncertainty.

If, as capital gains taxes and R & D tax credit problem can be reasonably resolved, the employment rate will be maintained, but if the U.S. government to make the wrong decision, people will no longer invest in the United States, they will invest in other areas.

Otellini said: "I can clearly say that we have each built in the United States and operates a semiconductor manufacturing plant cost is 10 billion." A 40-billion plant, the additional cost of 90% does not come from in human costs, but in other countries had not levied taxes and fees.

Otellini said: "If our tax rates and close to other parts of the world, companies will have an incentive to invest in this." But on the contrary, in the industrial countries, the United States is the second high-tax countries , which also makes the United States compared with Europe and Asia, lack of investment appeal. Europe and Asia, demand for Intels business of the hungry.

Carly Fiorina former HP CEO (Carly Fiorina) had previously said the U.S. visa system for skilled workers far behind and has the anti-immigrant tendency, should be revised again. Fiorina noted that many U.S. politicians is to promote overseas employment, not to make U.S. companies competitive in the global competitive.

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