Neo, the character played be Keanu Reeves in The Matrix, makes the following observation:
“You’re afraid of change. I don’t know the future. I didn’t come here to tell you how this is going to end. I came here to tell you how it’s going to begin.”
Over the last two days, there has been a good deal on online conversation and commentary centering on the announcement by Intel and the State of Ohio about the investment of $20 billion in constructing two state of the art semiconductor manufacturing facilities in western Licking County. The move is the first step in an overall plan that envisions eight factories placed there within ten years.
It’s the kind of investment that generates intense competition between regions and states, each offering attractive incentive packages. It is also the kind of move that transcends the initial investment; it will make the Midwest, and Ohio in particular, a center for what has heretofore been an economic engine for California and western states.More…