Posted on 03/18/2020 5:33:48 PM PDT by RightGeek
The belief that globalization, through the radical centralization of market networks, was the unavoidable path forward has been exposed as a grave, near-delusional miscalculation. The offshoring by corporations of supply chains to China has not only eviscerated communities that were previously reliant on manufacturing jobs, but has also brought with it an unprecedented level of vulnerability and fragility to our economies. The populist revolts that have wracked Western democracies for the past several years are in part rooted in the pain that these dislocations have caused. Worse yet, for the past three decades, this offshoring process has favored an adversary that is determined to replace us as the hub of global economic and military power and place itself at the new normative center of the world.
Should the fallout from the Wuhan Virus prove to be as damaging as it looks like it might be, the first casualty should be China’s quest to become the premier manufacturing center for the world. Few corporations will want to again risk being caught in a situation where their entire supply chain has been locked into one country—much less a palpably hostile dictatorship. The subsequent era will, I hope, be one of strategic reconsolidation, with a special focus on onshoring critical supply chains that have been moved to China. Even the siren song of potentially-vast consumer markets in China may end up being more than offset by the trauma we are about to face.
As the dust settles, the United States should be taking a hard look at streamlining our federal and state regulatory framework, tax structure, and all other outstanding obstacles in order to encourage U.S. businesses to come back home. ... Such a plan ought to be accompanied by other measures, including ending China’s unfettered access to our research centers and universities...
(Excerpt) Read more at the-american-interest.com ...
This virus might help globalization.
Hmm, hard COUPLING seems to be the meme for around Christmas delivery this year.
Bush-Clinton-Bush-Usurper are responsible for US being dependent on a communist country.
After Tiananmen we should have cut them off.
They have used our money to build their military.
https://www.thetimes.co.uk/article/chinese-scientists-destroyed-proof-of-virus-in-december-rz055qjnj
China destroying evidence.
Methinks the buck stops with Nixon recognizing the ChiComs and throwing Taiwan to the Marxist Mandarins, but virtually every President in modern times with the exception of Trump and The Gipper are cut from the same Trilateral-CFR-Globalist cloth ...
“Americanism, not globalism, will be our credo.” Donald Trump.
Saying that kind of thing will get you impeached!
After Tiananmen we should have cut off China and put them under heavy sanction, Bush did the opposite.
I don’t blame Nixon for China, it was a smart move that freaked out the Soviets.
But Bush is the one who is most responsible for this.
I don’t blame Nixon or Bush.
Private merchants did this. They are the ones to blame.
Just In Time meets Shelter In Place
“”I don’t blame Nixon or Bush.
Private merchants did this. They are the ones to blame.”
BushCo renewed China’s MFN status. He didn’t have to.
https://www.latimes.com/archives/la-xpm-1990-06-03-op-670-story.html
He and his brother were also accessories to the murder of Terri Schiavo.
The only thing GW ever did right was read a post-9/11 speech.
When Nixon visited China, they were still strongly Maoist and isolationist, they did not resemble the China of today, and it was meant more to get leverage over the Soviets, and it worked.
“ending China’s unfettered access to our research centers and universities”
Yes.
And “exchange students” (wink, wink, nod, nod).
Cop out.
If Americans want to point at a villain we need to buy mirrors.
It's consumers demanding lower prices, not businesses, that drive offshoring.
Businesses respond to their customers or they go bust.
We also elect the pols. Yes, it is our own fault. Hopefully this will wake us the F up.
American consumers, no doubt, played a key role in the out-sourcing of consumer goods to China. However, entire industries that are critical to our countries well being were affected. Bush and company should have seen this coming and stopped it.
The Wuhan Flu seems quite appropriate.
We should start naming every flu or virus coming out of China after
the town they were discovered in.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.