ChinaTalk

Why the US Needs a Department of Competitiveness

38 snips
May 14, 2025
Bruce Andrews, a former Deputy Secretary of Commerce and government affairs leader at Ford and Intel, discusses America's industrial policy future. He examines the need for a new Department of Competitiveness to adapt to global pressures. The decline of bipartisanship is tackled, alongside the changing role of industry in policymaking, especially regarding the CHIPS Act. Andrews highlights why Silicon Valley's political involvement is vital and how the complexities of U.S.-China relations impact the semiconductor sector.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

US Lacks Industrial Policy Muscle

  • The US government lacks the right structure and muscle memory for effective industrial policy today.
  • The 20th century cabinet system and limited statutory authorities hamper execution of modern industrial strategies.
INSIGHT

Staff Pay Hurts Expertise

  • Congressional staff quality and tenure have declined due to low pay and high turnover.
  • Lobbying offers better salaries, discouraging deep expertise development on Capitol Hill.
INSIGHT

Money Overrides Lawmaking

  • Bipartisanship decline and money-driven election cycles have reduced serious legislation.
  • Members are focused more on fundraising and media presence than lawmaking.
Get the Snipd Podcast app to discover more snips from this episode
Get the app