FROM BREITBART:
Gibson characterized U.S. dependence on Chinese exports of medicines as a national security threat. [snip]
Gibson added, “We need help because our manufacturing base has just been decimated. It’s collapsed, for the most part, especially making these core ingredients. So that upfront investment, the federal government would recoup a significant return on its investment if it jump-started advanced manufacturing of essential generic drugs here, and by the way, it’s going to be a lifesaver for many people because we need those medicines. Our military needs them. Our veterans need them, and certainly, our strategic national stockpile [needs them], [as] 85 percent of the medicines in there, they depend to some degree on China.”
“Six billion dollars of our money in the United States is going to China to pay for generic drugs to grow their industry as ours is collapsing here at home,” estimated Gibson. “Taxpayers would be shocked. That’s why we have to bring it back home and you use this as a way to jump-start production here in the United States, and good companies want to get going on it.”
A lot of America’s pharmaceuticals came from New Jersey, New Jersey was known for this. All the big players are in New Jersey, some still are, but manufacturing moved overseas to save costs.
Trump needs to get moving on this stuff. I’ll be honest, that 1:30 press conference yesterday? frightening. Those people didn’t have a clue, including our President, on what to do. They looked confused and bewildered. I’ve never seen President Trump appear to be in over his head until that press conference.
* He should have announced that flights were being stopped flights from several countries.
* Incentives and “fast track” plans were being made for companies to make the medicines/medical supplies we need here in the US.
Simple law but with huge ramifications can fix this.
All US formulary / pharmacy / drug companies may only import 40% of any one drug, from any one country.
Can you just imagine if this were life saving drugs being shipped from China? That is a fragile reed indeed, if this were the only source of those pharmaceuticals. Scary!
Democrats want to make life even more miserable for the pharmaceutical industry.
I consider the coronavirus virus as the provacative motivator for the national "Great Awakening"
Why call it that ? I call it the "Great Awakening" because we have been lulled into drowsy by low cost manufacturing, involuntary corporate proprietary secrets
which are then shared with the communist government who owns and runs each business, as well as dependency on Chinese electronics
in even our most sophisticated military weaponry.
Our dependency on Chinese medication is only one area which draws our immediate concern, since we have forgotten the fact that China has a '30 year plan'
to supplant and surpass the United States as the dominant world 'Super Power'.
China has intimidated, coerced, seduced, and bullied, in order to dominate the various world's governments, even ignoring the 'Laws of the Sea'.
This bombastic behavior is highly reminiscent of Japan's actions prior to WWII; we were lulled to sleep then too.
Fixed it.
India and or Brazil would be a better alternative to China.
The U.S. imports all these drugs or ingredients from China, but Congress claims importing, or even reimporting drugs from Canada is unsafe and must be banned for safety reasons?
Really?