US has been pursuing finance based planning in conjunction with consumption-led growth which has resulted in stagflation and lack of success in achieving self-sufficiency in semiconductor lithography steppers, EUV photoresists, rare earth metals/alloys/magnets, and so on .
It may be time to shift to technology based planning in conjunction with investment-led growth and thereby increase investment in new plant and equipment as well as infrastructure.
US has been pursuing finance based planning in conjunction with consumption-led growth which has resulted in stagflation and lack of success in achieving self-sufficiency in semiconductor lithography steppers, EUV photoresists, rare earth metals/alloys/magnets, and so on .
It may be time to shift to technology based planning in conjunction with investment-led growth and thereby increase investment in new plant and equipment as well as infrastructure.