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Thread: Biden orders supply chain review for 4 industries

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    Biden orders supply chain review for 4 industries

    Here is a Joe* initiative that I support. In fact it is long overdue.

    And I have mentioned that we should do this sort of thing before.


    Biden orders supply chain review for 4 industries

    President Joe Biden will sign an executive order on Wednesday to review the global supply chains used by four key industries in an effort to avoid the shortages in medical equipment, semiconductors and other goods seen as critical during the pandemic.
    I would add rare earth minerals to the list. Which may be part of the semiconductor aspect, but I suspect that is the end product, not the stuff needed to build them.

    China reliance targeted: Biden’s order will institute 100-day reviews of the global producers and shippers for: computer chips used in consumer products; large-capacity batteries for electric vehicles; pharmaceuticals and their active ingredients; and critical minerals used in electronics.
    The reviews will seek to determine whether U.S. firms in these sectors are relying too much on foreign suppliers, particularly those in China, a senior administration official told reporters. They will also consider other vulnerabilities, like extreme weather and environmental factors.






    “Clearly we are looking at the risks posed by dependence on competitor nations, but that is only one of a range of risks we are looking at,” the administration official said.


    The order will also direct yearlong reviews for six sectors: defense, public health, information technology, transportation, energy and food production.

    Those reviews will be “modeled after the process the Defense Department uses to regularly evaluate and strengthen the defense industrial base,” the official said.


    Remedies unclear: If risks are identified in the supply chains for critical sectors, the administration will aim to push those companies to move their suppliers out of countries like China and back to the U.S. mainland or allied nations.







    “Resilient supply chains are not the same thing as all products being made in America,” said a second senior official. “That’s not our intention here.”
    We can focus on the new North American trade deal for this stuff.

    Shortages abound: The order comes as automakers around the U.S. reel from a global shortage in semiconductors — the computer chips in everything from cell phones to SUVs — forcing manufacturers to halt auto production for weeks.Risks to the battery supply chain are also apparent. Ford and Volkswagen recently told U.S. trade authorities that they would have to delay production of their new electric vehicle lines if their battery supplier — Korean firm SK Innovation — was blacklisted for intellectual property theft. The International Trade Commission subsequently blocked those batteries from entering the U.S., but gave the automakers a grace period to find new suppliers.
    Those situations both came on the heels of widespread shortages of masks and other medical protective gear early in the pandemic, which affected hospitals and average consumers alike. The White House says it aims to get out in front of those issues next time around.


    “We’re going to get out of the business of reacting to supply chain crises as they arise, and get into the business of getting ahead of future supply chain problems,”one of the senior administration officials said.
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    He should look at a good cross section of industry.

    His electric cars needs steel and low weight materials. Semi-conducters are not even necessary to make a car that drives.
    Modern resins are made for oil.

    When they explode the process and supply chains then they cannot make an electric car without steel, castings, petroleum based resins and plastics, the tools to shape them...

    A pile of semi-conductors is a waste of money with nothing to put them in.

    The other issue is that Biden appears to want to hook this all to union labor or Northern Democrat run states for inclusion in the supply chains. They will be filled with programs to tell you who you can hire, how you must compensate them, how to run your company and how much money you can make. I refuse bids for government work even now. I was ready to make a $500 order for a naval facility and as soon as I saw all the forms coming in then I just asked them if they want the parts or not. It was all left wing nonsense that had nothing to do with what they were ordering.

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    You're right about what the Administration might do with the findings.
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    Biden's handlers are not a bunch of AOC lefties to be sure. They don't want to train wreck the economy to the point rich progressives get hurt.

    That is why No Wealth Tax, No $15.00 Minimum Wage when we have massive unemployment, and no huge college loan bailout either.

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    I am pretty sure the Joe* administration will use it poorly, but does anyone say we should not review our supply chain vulnerabilities?
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    A plan started by the last administration. Just like the Covid vaccine.


    Quote Originally Posted by Peter1469 View Post
    Here is a Joe* initiative that I support. In fact it is long overdue.

    And I have mentioned that we should do this sort of thing before.


    Biden orders supply chain review for 4 industries



    I would add rare earth minerals to the list. Which may be part of the semiconductor aspect, but I suspect that is the end product, not the stuff needed to build them.



    We can focus on the new North American trade deal for this stuff.
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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    Quote Originally Posted by RMNIXON View Post
    Biden's handlers are not a bunch of AOC lefties to be sure. They don't want to train wreck the economy to the point rich progressives get hurt.

    That is why No Wealth Tax, No $15.00 Minimum Wage when we have massive unemployment, and no huge college loan bailout either.
    The problem is that they risk turning America against hem and they could see all capital gains taxed as regular income just to punish them. Terrible for the economy but great for revenge. I would love to see Warren Buffet squirm and pay more taxes than his secretary. He deserves it after his deceit of wanting to pay higher income taxes when he does not pay income taxes. His income is all taken as capital gains.

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    Jimmy Buffet is a huge democrat donor who says he doesn't pay enough. enact the buffet rule! While simultaneously passing legislation making it illegal for buffet to lay off any workers and force him to give all workers a cost of inflation wage increase every year.



    Quote Originally Posted by carolina73 View Post
    The problem is that they risk turning America against hem and they could see all capital gains taxed as regular income just to punish them. Terrible for the economy but great for revenge. I would love to see Warren Buffet squirm and pay more taxes than his secretary. He deserves it after his deceit of wanting to pay higher income taxes when he does not pay income taxes. His income is all taken as capital gains.
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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