Mar 122020
 

Sadly, not “Mike Bloomberg is using that million dollars he has for every American to buy us all the just-developed cure/vaccine.” But if this comes about, it’ll still be a good if modest step:

‘Buy American’ — White House Confirms Executive Order That Will End Medical Supply Chain Reliance On China

One would have hoped that American reliance upon Chinese suppliers for *anything* would have long since been nipped in the bud, but better late than never.

I’m pretty libertarian in my economic views, but not *entirely*. There is a role for the government and for regulations. Mandating that industries vital to the functioning of the nation not be controlled by foreign nations, *especially* adversarial nations, would seem to be pretty high up there.  If the US comes out of this crises with its economy intact – or at least not in tatters – and able to manufacture not just medical supplies but also medicines (many of which are cheaply and often badly made in India and China) and perhaps ever industrial tools and weapons and computer components made here in the US of A… so much the better.

 

 Posted by at 10:19 pm