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Don't blame Obama for fabless AmericaG. Dan Hutcheson The following opinion piece was contributed by G. Dan Hutcheson, chief executive and chairman of VLSI Research Inc. Lately it’s become popular for the media to deride the Obama administration for creating a business climate of uncertainty that is causing American manufacturers to hold up on investing more productive capability in the United States. Now I am not going to get into politics here. The real issue is, should this perspective change your strategy or tactics in the immediate future? I don’t believe you should and let me explain why 'lack of trust' in the Obama administration will have little direct effect on corporate decisions. Other, more pressing issues weigh in far more heavily. Uncertainty: Business is all about uncertainty. The future is always uncertain and the whole point about investing is that it happens when it makes business sense. There has to be some long-term expectation of profitability. |
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