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The 'lack of chips' has nothing to do with US preparedness, it's entirely an overseas issue. China & Co. did a big over-correction during the start of the pand
by jollybean 5y ago
The 'lack of chips' has nothing to do with US preparedness, it's entirely an overseas issue.
China & Co. did a big over-correction during the start of the pandemic, and that put a lot of things into chaos.
You now have chip speculators entering the foray, jacking up prices, not very helpful in letting the market clear.
10% padding in US operations I don't think would have made up for anything, the problems exist in shipping and on key/acute issues from the suppliers in Asia really.
I don't think it's reasonable to imply 'We should build all the stuff here to avoid delays during 1 in 50 years pandemics'.
I'm not blaming so much as pointing out that's where the underlying issues are.
Of course exacerbated by other things.
I think working out solutions to transportation, buyers paying for things like guarantees, plant and supply chain risk analysis etc. will become a thing now.
CEOs will hire consultants and firms to measure the likelihood in supply chain failure and make ammends.
I actually think we'll get adapt past most of this.