Texas is planning to make a huge public investment in space

"Further investment will cement Texas as the preeminent location for innovation."

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[Eng_wkzm]

Short-term thinking. Business decision makers give zero thought to the long-term consequences of moving to a 3rd world state, as long as they get their tax breaks and next quarter's profits are up.

BS. The last couple of years I was in a team which was building production sites for a large international (european ) company. We never cared much about tax breaks (although they are nice). We didn't give a bit about next quarters profit. What is important is the support and the relationship with local authorities, the local labour market, the competence of local suppliers, closeness to to your consumer markets and import /export regulations.

 

[Eng_wkzm]

Cool anecdote! Too bad most businesses don’t operate like yours.

Don't thinks so. I can't speak for smaller companies and true multinationals (energy). But you work in a network (suppliers, planners, colleagues from other companies, joint ventures) and know how other companies operate. And what I know from European and Japanesse companies is that they operate like this. Especially when the standard business is running halfway normal, the next quarters profits are of zero concern. In opening a new production facility, only the long term prospects count,