[HN Gopher] Why Does Everyone Suddenly Care About Supply Chains?
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Why Does Everyone Suddenly Care About Supply Chains?
Author : adrian_mrd
Score : 11 points
Date : 2021-10-14 19:31 UTC (3 hours ago)
(HTM) web link (www.nytimes.com)
(TXT) w3m dump (www.nytimes.com)
| csense wrote:
| The article says: "For P.P.E., that means budget-conscious
| hospitals will look to buy cheaper, non-American-produced
| options. The U.S. companies will want continuing subsidies or
| protection from imports..."
|
| The article doesn't go into _why_ foreign alternatives are
| cheaper, despite the cost of shipping halfway around the world.
|
| _Of course_ it 's cheaper if you pay your people $50 for an
| 80-hour workweek, dump all your toxic waste straight into the
| environment, and have a totalitarian political system where you
| can shoot anybody who complains.
|
| Foreign firms operating in one of these countries will always be
| able to push domestic industries out of business, unless tariffs
| + shipping expenses are enough to negate the cost savings.
|
| I live in the Rust Belt, and it continually amazes me how
| thoughtful, cosmopolitan people struggle to understand that
| "protectionism" isn't a dirty word.
|
| It's also a little weird how the article seems to adopt a "have
| your cake and eat it too" attitude -- that there's some magic
| bullet that will allow us to swap out foreign sources for
| domestic ones without any tariffs or increased costs.
|
| I suspect such a thing doesn't exist. _Everyone_ wants to be
| prepared for overseas disruption, and _everyone_ wants low prices
| in normal times. The whole point of this entire debate is (or at
| least ought to be) _prioritization_ or _trade-off_ : Is it okay
| to pay higher prices in normal times _in exchange_ for being
| insulated from the next global disruption? If we want both, but
| can only have one, which one do we want more?
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(page generated 2021-10-14 23:02 UTC)