Aside from the human misery and terrible death toll from this awful virus, there is a secondary lesson we must learn.
After spending decades depending upon energy resources from nations which controlled world markets/prices we lately became somewhat energy dependent. While we still import some energy resources, our heavy reliance upon nation states with unfriendly governments has ended.
Without becoming isolationist or unwilling to participate in world markets, we must reclaim more of a "made in America" policy. For too long we have exported too much of our industrial and manufacturing needs to foreign countries. While this practice cannot be totally abandoned, for our own security and health safety, we must reduce our reliance upon nations such as China.
If US government subsidies or incentives for American businesses are necessary, the time has come to explore these possibilities. If higher wages for US workers or higher prices in the marketplace are the costs of lowering our dependence, then these areas must be studied. The side effects of massive trade with China has proven to be deadly to world health and secondarily to US and other stock exchanges around the world.
In my opinion, future massive trade deals with other nations can no longer focus totally on cheaper prices and cheaper goods. We must examine the government policies and openness of nations like China to insure dangerous side effects don't accompany the container ships of imported goods.
After spending decades depending upon energy resources from nations which controlled world markets/prices we lately became somewhat energy dependent. While we still import some energy resources, our heavy reliance upon nation states with unfriendly governments has ended.
Without becoming isolationist or unwilling to participate in world markets, we must reclaim more of a "made in America" policy. For too long we have exported too much of our industrial and manufacturing needs to foreign countries. While this practice cannot be totally abandoned, for our own security and health safety, we must reduce our reliance upon nations such as China.
If US government subsidies or incentives for American businesses are necessary, the time has come to explore these possibilities. If higher wages for US workers or higher prices in the marketplace are the costs of lowering our dependence, then these areas must be studied. The side effects of massive trade with China has proven to be deadly to world health and secondarily to US and other stock exchanges around the world.
In my opinion, future massive trade deals with other nations can no longer focus totally on cheaper prices and cheaper goods. We must examine the government policies and openness of nations like China to insure dangerous side effects don't accompany the container ships of imported goods.
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