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Case for Biden, Biden vs Trump, China
"Econ 102" with Noah Smith and Erik Torenberg
Importance of Domestic Manufacturing for National Security
Maintaining domestic manufacturing capacity is crucial for national security as it allows for the quick repurposing of civilian manufacturing companies to produce essential defense materials during wartime. This was evident during World War II and is a strategy China is likely to adopt. While tariffs may lead to higher consumer prices, they are seen as necessary to ensure the country's ability to produce defense materials independently, providing insurance against defeat in times of war.
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