S12 EP2: Hour 3 - Over-Consolidated America

The Erick Erickson Show

Erick Erickson

News, News Commentary

4.5 • 874 Ratings

🗓️ 4 January 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

US manufacturing has become over consolidated resulting is little competition and exacerbated supply chain problems when the big corporations fail.

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Transcript

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0:00.0	Welcome to the Eric Erickson Show podcast, Hour 3.
0:12.3	Hello and welcome. It is Eric Erickson here across the nation. The phone number 877-97-973425.
0:22.5	Just a reminder, I got several people emailing
0:25.4	about the story in Virginia,
0:27.5	the Fairfax County School,
0:29.6	Thomas Jefferson School for Science and Engineering
0:32.2	or what have you.
0:33.8	Refusing to give awards to Asian students
0:36.7	so that those who did not get the awards would not feel bad.
0:42.7	You can get all of that in the show notes if you subscribe.
0:46.3	Text data to 33777, click that first link, get your subscription, and subscribe.
0:53.0	Now, we have to talk about a story that I am rather
0:57.3	passionate about and I got a well not even really slow build here let me just
1:09.1	get right into this with the Wall Street Journal.
1:12.8	This is the headline.
1:14.5	It is in the Wall Street Journal.
1:19.4	Lacking Arms production makes Pentagon weary of further industry consolidation.
1:25.5	The Defense Department and antitrust officials want to boost competition and manufacturing to arm Ukraine.
1:30.9	Don't let that subtitle about Ukraine deter you from this.
1:31.9	Here we go.
1:35.9	US defense companies are finding it tough to quickly replenish weaponry, such as missiles and artillery shells for Ukraine,
1:38.6	leading Pentagon officials to revisit whether industry consolidation has gone too far.
	...

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