principle to guide policy. he went on to talk about his concerns that relying too much on manufacturing and spike inflation. do you think that s a possibility that something to look out for? i do not think any economist or american would say hey we should diminish manufacturing. or we should alter it. part of what larry summers is talking about their is should you have national industrial policy it s an investment and an infection by the federal government does not disrupt the government. we do now have policy toward decreased chip production at home republicans and democrats voted for that bill. that is because we do not want to rely on overseas sources for microchips we saw what happened during the pandemic we had a shortage of microchips car prices rocketed. that is going to remain a source of debate. but in the near term i do not
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