IT investments in the US threatened by "economic macro forces", says Oregon Sena

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With countries in Asia-Pacific leveraging huge tax incentives to convince chip manufacturers to build plants in their countries, it is not a secret that such investments are getting less attractive in the US. Oregon Senator Gordon Smith today said that the US needs to "get its act together" quickly - and Governor Ted Kulongoski even conceded that his State "can't compete with China or Singapore" on a financial basis.

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