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Another way to frame the situation: America is in dire need of surgical masks, and its top manufacturer is more interested in martyring themselves than to help
by wonnage 7y ago
Another way to frame the situation: America is in dire need of surgical masks, and its top manufacturer is more interested in martyring themselves than to help out.
It seems like this is what the Defense Production Act is for? It's not like GM, where invoking the act doesn't seem to speed anything along because they don't make ventilators normally, and have to spend several days retooling their factories. In this case, you have a manufacturer that has excess capacity and is simply refusing to use it.
Also, how is this supposed to make people trust American manufacturers any more than the Chinese? The Chinese are actually _making_ masks at full capacity and exporting them... meanwhile, our own homegrown industries are busy navel-gazing and feeling bitter about some past slights.
- smabie 7y agoProbably because China doesn't have (or maybe enforce?) "price-gouging" laws. This 100% wouldn't be happening if we just let people charge what they want for their own property.
- wonnage 7y agoHow does this make any sense? China is not price gouging on PPE, at least not to the point where this guy's factory pricing is competitive
- smabie 7y agoWe don't know how much money it takes for a Chinese factory to produce these masks. Even though they're cheaper, the prices they charge could very well be considered price-gouging under some State laws. The absolute price of an item doesn't really matter.