Crises at Boeing and Intel Are a National Emergency – WSJ

A generation ago, any list of America s most admired manufacturers would have had Intel and Boeing near the top. 

Today, both are on the ropes. Intel has suspended its dividend, slashed jobs and capital spending, and is a takeover target. Boeing has been hobbled by investigations into crashes and a midair mishap, production delays and a strike. A breakup or bankruptcy are no longer unthinkable. 

In the past five years the combined market value of the two has fallen by half. More than just an ordeal for shareholders, this is a potential disaster for the nation.

The U.S. is in a geopolitical contest with China defined not just by military power but economic and technological prowess. Leaders from both U.S. political parties say they are on the case, pushing for tariffs and subsidies.

via www.wsj.com

Boeing probably should be broken up. UAPs they should put in its own company. I recommend spinning it off in a public offering. The SEC would oversee disclosure, as usual. Easy peasy. A cakewalk, as the RAF used to say.