SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Coronavirus / COVID-19 Pandemic

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ggersh who wrote (239)3/25/2020 8:27:27 PM
From: TimF1 Recommendation

Recommended By
diegosan

  Read Replies (1) of 22868
 
seemingly forgetting the fact that he’s the one with the power here. For instance, Andrew Cuomo can’t invoke the Defense Production Act
CNN has also been pushing using the Defense Production Act, saying things like "companies won't gear up production without a guaranteed order".

Andrew Cuomo doesn't need the Defense Production Act to offer a guaranteed contract for a billion masks (or some other different but still large number of some other item) with bonuses for quick delivery of part of that order. New York State's population and budget are larger then those for most countries. If there is federal red tape in the way then yell at Trump (and congress to the extent a change in law is needed) to do something about that.

The Defense Production Act allows government to direct the production of private companies but I don't see any reason to think that it would be an improvement no matter who's running the government, and since you seem to dislike Trump so much why do you think he would do such a great job trying to run private companies production schedules from the Oval Office?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext