If you want to buy a car today, you’ll probably have to wait to get what you want. This is also true for a lot of other products. Some prices will go up and there will be more delays. Everyone understands now that the operations of supply chain are critical for the economy and our well-being. I guess it all came home when the COVID crisis started and we went to the supermarket and saw no toilet paper, right? And people panicked. We had all this panic-buying of toilet paper. And it turns out there was lots of toilet paper, it just wasn’t in the right place. Managing supply chains is now recognized as essential and President Biden has put together a task force to look at this. It’s not the first time that’s happened either—and I think it’s wonderful and a great idea. But I think the changes that need to be made must come from companies; government has limited impact. They can promote things and provide incentives, and they do, and this will modify but not dictate the decisions look here of companies. I participated in a study a few years back, working with a group of professors and factories from around the world, about the sourcing of manufacturing: What drives decisions of a company to locate or relocate manufacturing from one country to another? This is a critical issue for semiconductors now. ‘Let’s bring them back.’ One of the task force’s goals is to promote that. But it’s not a simple decision for a company to make. There are tradeoffs and risks to be considered. It used to be dictated strictly by labor costs—‘Go to China because the labor costs are lower.’ That is no longer true and solving this problem is not that simple. So, I think it’s great that we have recognition at all levels of government that we have to modify policy that influences supply-chain decisions, such as taxes, incentives, and tariffs. These things are important and will affect the trajectory of decisions, but there are many other factors that go into a company’s global supply chain strategy. And every country in the world is trying to do the same thing; everyone wants citizens to have good jobs and to have access to low-cost products.https://penntoday.upenn.edu/news/why-semiconductor-shortage-wont-end-soon
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TOPEKA, Kan. (KSNT)— Education spending in Kansas is in limbo, after a week of debates surrounding the state’s education budget. The main legislative session closed last week, with some conservative lawmakers pushing to pass proposals to use state tax dollars earmarked for public education to allow low-income students to attend private schools. Some have referred to the proposals as “school choice” or “school voucher” bills. “Districts are hoping to continue to recover from budgets we lost in the past,” said Mark Tallman, a spokesperson for the Kansas Association of School Boards. Tallman told Kansas’ Capitol Bureau on Monday that, while ‘school choice’ proposals have garnered some support among lawmakers, with close votes in both the House and Senate, the plans could strip public schools of the money they need. “We don’t want to be in a position where schools, or the governor, or others have to choose between funding that agreement and accepting some things that we also think will be very detrimental,” he said. The state’s education budget has gradually increased, after decades of court battles to boost school spending. Kansas Supreme Court revisits school funding In 2019, the Kansas Supreme Court ruled that the state’s legislative adjustments to education funding, were equitable. The court said the state was on track to provide adequate education by 2022. Tallman said what lies ahead for the upcoming year is still uncertain, as districts across the state are waiting to figure out what they’ll have to work with. “The longer it takes for the legislature to resolve this, the longer it is before schools will really know what their funding will be like for next year.” Lawmakers have a few weeks to decide on the state’s education budget when they return in May for veto session. It’s uncertain whether debates about “school choice” measures will pick back up. Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.https://www.ksnt.com/capitol-bureau/kansas-education-funding-up-in-the-air-amid-school-choice-expansion-failure/