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US workers neither have the skills nor work ethic to break their backs for hardware engineering jobs which pay half the level of software engineering and require you work in onsite at a factory. There is a reason why SC migrated to East Asia in the first place. More subsidies are going to be needed
In my experience, some of the most exceptionally skilled and hard working people are from the US, but the average US worker is way behind in skills from almost every other part of the world, and pretty far behind Asia and parts of Latin America in terms of work ethic. They've still got a lot of Europe beat in terms of work ethic though, but from my perspective, that's not necessarily a good thing.
I feel like a lot of people are conflating "work ethic" with "works a lot". Sure EU workers tend to work less than US workers, but I'd be very surprised if their work ethic during work hours is any worse.
"work" ethics or any other kind doesn't exist in a sliding scale. Germans and Nordics in Europe typically work fewer hours then others but have much higher output per hour. If you're using "work ethics" as euphemism for "keeps outwardly busy" you're just supporting drudgery.
"Work ethics" = Spending the best years of your life doing something you don't like, just to make shareholders richer while you remain relatively poor.

As an extreme example we have South Korea, which is essentially a dying society with fertility rate of less than 1. So no, "work ethics" as understood in East Asia is not a good thing for society or individual.

work ethic == modern slavery
After watering down what slavery means to basically nothing.
TSMC built in AZ with the expectation that they would be able to leverage the existing engineers. The problem is that they built on the opposite side of Phoenix from all the other semiconductor plants. To commute from one side of Phoenix to the other is well over 1.5 hours during rush hour. Now, all the engineering talent has houses and families over in Chandler/Gilbert, with 3% interest rates, and would either need to sell their houses and buy a new one at 7% on the other side of town, or commute 3 hours a day. Intel has one of the largest semiconductor plants in Chandler, with some of their lowest defect rates, but for some reason TSMC thinks the AZ workers don’t have the skills or work ethic. Sure, you’re going to find engineers on performance plans willing to leave Intel, Samsung, Microchip, etc, but they’re not going to be the cream of the crop.
Growing tensions over whether US employers interview process represents a good-faith effort to hire
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I assume that manufacturing micro-chips is tedious, repeating chore. Rinse and repeat describes it well I assume. There has to be a maniacal devotion to cleanliness.