Industrial Policy Memo
This summer, National Economic Council Director Brian Deese articulated a new vision for a robust and equitable U.S. industrial policy. The strategy seeks to help us reach the full potential of American competitiveness while delivering justice, equity, and prosperity to all citizens.
To inform the Administration’s new strategy, we pulled together a curated set of ideas from our extensive portfolio of nonpartisan, actionable ideas in science and technology policy. These ideas were diversely sourced from more than 300 Day One contributors — including students, academics, activists, industry leaders, local and international government officials, and more.
Our letter addresses each of the industrial strategy’s core pillars:
Pillar I: Supply-Chain Resilience
Pillar II: Targeted Public Investment
Pillar III: Public Procurement
Pillar IV: Climate Resilience
Pillar V: Equity
We hope that these ideas help advance the vision of a modern industrial policy that benefits all Americans.
While healthcare institutions are embracing decarbonization and waste reduction plans, they cannot do this effectively without addressing the enormous impact of single-use devices.
The United States has multiple policy tools that could be used to prevent U.S. reliance on Chinese made semiconductors.
We can address the issue of international semiconductor competition along three major axes: increasing production outside of China, containing an oversupply of Chinese semiconductors, and mitigating the risks of remaining Chinese chips in the U.S. market.
In an industry with such high fixed costs, the Chinese state’s subsidization gives such firms a great advantage and imperils U.S. competitiveness and national security. To curtail Chinese legacy chip dominance, the United States should weaponize its monopoly on electronic design automation software.