Wednesday, June 9, 2021

g-f(2)314 The big picture of the digital age (6/9/2021), NYT, Media, Senate Passes Bill to Bolster Competitiveness With China!


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Opportunity, Senate Passes Bill to Bolster Competitiveness With China
  • The Senate overwhelmingly passed legislation on Tuesday that would pour nearly a quarter-trillion dollars over the next five years into scientific research and development to bolster competitiveness against China.
Lesson learned, Republicans and Democrats can band together
  • Republicans and Democrats — overcoming their traditional partisan differences over economic policy — banded together to endorse what would be the most significant government intervention in industrial policy in decades.
Lesson learned, Brilliant move
  • It includes federal investments in a slew of emerging technologies as well as the semiconductor industry.
Lesson learned, The right sense of urgency
  • The 68-32 vote reflected the sense of urgency about the need to counter Beijing and other authoritarian governments that have poured substantial resources into bolstering their industrial and technological strength. 
Alert, The country’s dependence on China
  • The lopsided margin of support for the 2,400-page bill was the result of a series of political shifts by lawmakers jolted to action by the pandemic. Virus-related shutdowns led to shortages of crucial goods that highlighted the country’s dependence on China, its biggest geopolitical adversary.
Opportunity, Increase domestic production capacity
  • Policymakers have moved to increase domestic production capacity.
Warning, Emerging technologies provide key competitive advantages
  • The nations that harness technologies like artificial intelligence and quantum computing and “innovations yet unseen” will shape the world in their image, said Senator Chuck Schumer, the Democratic majority leader and a longtime China hawk who helped spearhead the bill.
Opportunity, Major trade and foreign policy measures
  • While the legislation’s centerpiece is focused on bolstering research and development in emerging technologies, it also includes major trade and foreign policy measures. 


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Opportunity, Senate Passes Bill to Bolster Competitiveness With China
Lesson learned, Republicans and Democrats can band together
  • Republicans and Democrats — overcoming their traditional partisan differences over economic policy — banded together to endorse what would be the most significant government intervention in industrial policy in decades.
Lesson learned, Brilliant move
  • It includes federal investments in a slew of emerging technologies as well as the semiconductor industry.
Lesson learned, The right sense of urgency
  • The 68-32 vote reflected the sense of urgency about the need to counter Beijing and other authoritarian governments that have poured substantial resources into bolstering their industrial and technological strength. 
Alert, The country’s dependence on China
  • The lopsided margin of support for the 2,400-page bill was the result of a series of political shifts by lawmakers jolted to action by the pandemic. Virus-related shutdowns led to shortages of crucial goods that highlighted the country’s dependence on China, its biggest geopolitical adversary.
Opportunity, Increase domestic production capacity
  • Policymakers have moved to increase domestic production capacity.
Warning, Emerging technologies provide key competitive advantages
  • The nations that harness technologies like artificial intelligence and quantum computing and “innovations yet unseen” will shape the world in their image, said Senator Chuck Schumer, the Democratic majority leader and a longtime China hawk who helped spearhead the bill.
Opportunity, Major trade and foreign policy measures
  • While the legislation’s centerpiece is focused on bolstering research and development in emerging technologies, it also includes major trade and foreign policy measures. 


Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from NYT]

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Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


Authors of the genioux fact

Fernando Machuca


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ABOUT THE AUTHORS


Catie Edmondson

Catie Edmondson (@CatieEdmondson) is a reporter in the Washington bureau of The New York Times, covering Congress.


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