We assumed the rules based system would discipline these behaviors only to find that in too many sectors it accommodated them and that in the name of efficiency we we began to celebrate just in time while neglecting just in case. The pandemic did not create our brittle supply chains so much as expose them. Suddenly, the world's most advanced economy found itself partially dependent on foreign suppliers for semiconductors, large capacity batteries, critical minerals and medicines that we no longer produced here at home. (04:29–04:36)
CLAIM
Asserts that the pandemic revealed existing weaknesses in supply chains.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
