It’s a matter of national security!
CNBC: “How a tiny flatware manufacturer in upstate New York could win big from $738 billion defense bill”:
“Manufacturing in general is a strategic asset for our country,” Roberts said. “If you can’t make things, you rely on other countries who may or may not be your friends in the future. You don’t have control over your destiny.”
What if there was a war and China cut us off from new forks and spoons?! We would all STARVE!
Thank God Congress is here to provide corporate welfare to selected companies in order to provide security from such a catastrophe that the market is apparently far too weak to provide.
#mixedeconomy
