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Melissa Chen
@MsMelChen
VP @strategyrisks | Board + co-founder @IdeasB2 | Board @envprogress | 🇸🇬 🇺🇸 🇬🇧 | ✍️ The Spectator & elsewhere | Email: melissa@thespectator.com
加入 April 2010
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Pretty cool that General Motors was able to retool a car factory to make the outer shells of the Patriot missiles. They've managed to make the delivery to Lockheed just 22 days after signing the contract. (22 days!!!!! We still got it...🇺🇸🇺🇸🇺🇸) Lockheed says this work normally takes months or years for the previous supplier (General Dynamics) to fulfill. There's a strain of neoliberal thinking that says if domestic carmakers can’t compete, they should just be allowed to fail. No bailouts. Just let Japan or China make cars because of comparative advantage or whatever. Imagine if we had believed that automobile manufacturing was something to offshore. It's now clear that the argument for preserving that industrial base is not simply nostalgia for a previous bygone era. It simply is the case that you cannot improvise precision manufacturing overnight once it has disappeared.
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