4 ms·
Because retooling is expensive and time consuming. And there is no guarantee how long this level of demand will sustain. And no guarantees on cheap chinese good
by bolasanibk 6y ago
Because retooling is expensive and time consuming. And there is no guarantee how long this level of demand will sustain. And no guarantees on cheap chinese goods flooding the market and taking all your customers in a few months.
- sirsar 6y agoThis is an incredibly easy problem to solve, relative to the current crisis: it only requires the federal government allocate enough money. There is some price per mask at which the N95 respirator manufacturers that currently exist in the US would be willing to hire more people, buy more supplies, etc and start running 24/7. The only reason they aren't already is because nobody has agreed to pay for it.
- makomk 6y agoFrom what I've heard, the US federal government agreed contracts fairly early on in the crisis where they'd buy up any excess US production of N95 masks that goes unsold in order to guarantee a market for exactly this reason.
- xienze 6y ago> And no guarantees on cheap chinese goods flooding the market and taking all your customers in a few months. You might could fix that with strong tariffs. There was a guy recently, can’t remember his name, who was very much in favor of domestic manufacturing and tariffs against China. Seemed to catch a lot of flak for those policies! Wish I could remember who that was...
- mindslight 6y agoBingo. It's amazing, this could have been the shining moment for his platform. Give domestic mask manufacturers immediate long-term federal contracts and a promise of significant tariffs when the dust settles. Instead he denied the problem even existed, encouraged people to get infected, and delayed our response by six weeks.
- stainforth 6y agoWe subsidize American agriculture because its important. We should do the same for other industries. I'm not sorry public services and concepts like this fly in the face of economic ideology that profit motive is the end-all be-all.