Industrial Policy

Great Decisions 2022 | Topic 8

Will a more involved U.S. government help the economy revive?

The current discussion of industrial policy in the United States is not simply about whether or not to support specific companies or industries, but about trust or mistrust of the government and its ability to manage the economy and deal with a rising China. The upheaval in supply chains during the pandemic exposed weaknesses in the international economy. What policies can the United States implement to deal with trade and the economy? By Jonathan Chanis

Photo by Doug Mills/The New York Times

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