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Tag Archives: Defense Production Act

Boing Boing — Trump administration considers a centrally planned economy to deal with coronavirus

The Trump administration is reportedly considering the possibility of re-implementing the Defense Production Act. Originally enacted during the Korean War, the Act essentially empowers the President to control the means of production—the idea being that it would be in the interest of the nation's defense to force private manufacturers to focus their production efforts on things that would benefit the country in a time of tenuous resources.... "Reportedly." Rumor maybe, but...

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