Loury is either another plant being paid by the CCP, or else hopelessly naive.
24 years ago when America still made 32% of the world’s semiconductors, and when it was the undisputed leader in tech, CCP generals screamed “WE WANT WHAT YOU HAVE!!!”.
That and Bill Clinton signing the export waivers for Loral + Hughes to sell China our nuke ICBM launch tech sealed the deal to put China in the driver’s seat.
We’ve been hearing for 1/4 century that letting millions of foreign industrial spies in from China + India would help keep USA competitive, yet year after year, China continues to catch up and even surpass us in some fields. India is quickly gaining ground too. Decades of letting these thieves in has weakened America beyond measure.
We’re being looted by foreign powers folks.
Our top tech companies are full of these thieves.
One Chinese Apple engineer even stole the plans for our Patriot missile defense system – and countless other trade secrets.
Loury thinks there’s a lot of “mediocrity” in the American population – even as American tech workers train their foreign replacements from India + China. Everything in the modern world was invented by white Americans. That’s a historical fact.
Note that Loury let slip that China’s real plan is to colonize America: “legacy population”.
Yeah, well without that “legacy population” the modern world and all the industries China + India now enjoy wouldn’t exist.
Until 1998 Silicon Valley was 98% white American males. It wasn’t built by “diverse peoples”.
Failed losers badmouthing people they can’t beat.
We’re being silently invaded by our enemies, folks.
No it doesn’t. Stop lying. Asian immigration is a relatively new event in US history. In 1980 there were only 4 million Asians in the US. Today there are over 33 million – most of them entering since 1998 – just 1/4 century ago.
Communist thieves from Asia are stealing everything from America, and attempting to re-write US history.
It’s what Communists do.
built by varied peoples” – welcome to Apple. What fantasy world does Glenn Loury live in?
“built by varied peoples”….. Glenn Loury is a lying sack of shit, to put it mildly.
Most modern industries were built by Americans, but stolen by foreign invaders.
Even Diane Feinstein admitted it before Congress. Glenn Loury is lying.
All one has to do iss ready Loury’s bio to discover, he is in fact a communist – interested in “wealth redistribution”:
Early life and education
“Loury was born in the South Side of Chicago, Illinois, growing up in a redlined neighborhood. Before going to college he fathered two children, and supported them with a job in a printing plant. When he wasn’t working he took classes at Southeast Junior College where he won a scholarship to study at Northwestern University. In 1972, he received his Bachelor of Arts in mathematics from Northwestern University. He then went on to receive his Ph.D. in economics from the Massachusetts Institute of Technology in 1976 awarded for his doctoral dissertation, titled “Essays in the Theory of the Distribution of Income”, under the supervision of Robert M. Solow. During the completion of his Ph.D. at MIT, he met his future wife, Linda Datcher Loury“.
Northwestern University BTW was one of former Soviet leader Mikhail Gorbachev‘s employers.
Some people work hard 80 hours a week and build Silicon Valley, while others walk in from failed communist countries and steal it.
That’s “distribution of income” for you.