The editorial board of the New York Post called for bringing back pharmaceutical production to America on March 7, 2020.
In light of the coronavirus spreading across the globe and China’s growing influence on the world stage, conservatives are beginning to question some of the merits of globalism.
Conventional wisdom has held that increased global trade would be overwhelmingly beneficial to the U.S. and help reform governments abroad. However, all it has done is make the U.S. over-reliant on China for pharmaceutical production and leave it susceptible to the negative externalities of globalism such as the coronavirus pandemic.
The editorial board is of the opinion that D.C. lawmakers could “consider killing two birds with one stone by using the issue as a chance to give Puerto Rico a leg up” by bringing pharmaceutical production back to the island.
For decades, the island territory was “a central hub of U.S. drug manufacturing” and trying to bring back manufacturing to the island would be a good way of boosting American manufacturing while keeping China at bay.
Approximately 90 percent of the active ingredients that U.S. drugmakers use come from China these days. With Chinese factories shutting down due to the outbreak, America’s pharmaceutical supplies face major risks as the coronavirus is spreading throughout here. The Food and Drug Administration is worried that a shortage of generic drugs could occur.
This makes trying to bring pharmaceutical production back to Puerto Rico with the purpose of maintaining some domestic capacity a commonsense proposal.
In the 1970s, Congress facilitated the passage of tax breaks for companies that base their operations in Puerto Rico. Drug manufacturers took advantage of these benefits and converted the island into one of the world’s pharma production hubs.
However, President Bill Clinton signed a law that started to phase out the tax breaks during the 1990s. Once these tax breaks fully expire in 2006, the industry started to leave the island.
Policymakers should consider bringing back these strategic tax breaks.
This kind of “nationalist capitalism” is what’s needed to maintain America’s capitalism while balancing national interests.
We should not have our industries being captured by authoritarian governments such as China, when we could have policies that are able to keep manufacturing inside of the U.S.’s jurisdiction.
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Greg Abbott Signs Executive Order Keeping Violent Criminals from Going Back on the Streets During the Wuhan Crisis
After the Wuhan Virus was confirmed in several Texas jails in the last week, Texas Governor Greg Abbott issued an executive order on March 29, 2020 that makes it more difficult for several inmates to be let out on “no-cost, personal recognizance bonds.”
Abbott tweeted, “Today I issued an Executive Order preventing [email protected] of dangerous criminals from prisons & jails. We want to prevent the spread of #COVID19 among prison staff & inmates. But, releasing dangerous criminals in the streets is not the solution. #txlege #coronavirus”
Today I issued an Executive Order preventing [email protected] of dangerous criminals from prisons & jails.
— Greg Abbott (@GregAbbott_TX) March 30, 2020
Several cases of the Wuhan Virus were discovered in the Dallas County Jail and Harris County Jail last week, two of the state’s largest jails. In addition, a handful of cases were confirmed in state prisons. According to NBC DFW, the virus’ outbreak was “followed by demands to reduce the inmate populations by releasing, immediately and without bond or judicial delay, those held on misdemeanor crimes or awaiting trial on misdemeanor crimes. Some also called for non-violent felons to also be released on no-cost bonds.”
Abbott said Sunday that “releasing dangerous criminals makes the state even less safe” and issued a proclamation to prevent judges, and others, from releasing some inmates without a paid, cash bond.
In his executive order, Abbott declared that a person convicted of a crime that involved or threatened physical violence, or a person arrested for such a crime backed by probable cause, or a person with a criminal history of violent crime, cannot get out of jail on a no-cost personal recognizance bond.
With a PR bond, a defendant is released without having to post any money for his or her bond on the promise they’ll show up to their next court date.
Instead of virtue signaling and buying into the criminal justice reform movement’s desire to foment anarcho-tyranny, Abbott has held his ground by promoting public order.
A crisis like the Wuhan Virus pandemic does not need to be exacerbated by opening up the prison floodgates.
This is one case where American policymakers should use logic not emotion to craft prison policies in times of a pandemic.
Failure to do so will put the U.S. on the road to institutional failure.
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