End, Don’t Simply Relocate, Perilous Globalization

U.S. government and business leaders have long promoted the glories of “globalization.” With its reliance on low-cost foreign producers, notably in Communist China, to supply critical materials, components, and equipment, the integration of markets and national interests seemed not only desirable economically but strategically sound.

In fact, this model resulted in the wholesale destruction of America’s industrial base and a dangerous dependence on a hostile power for everything from medicine to advanced electronic products. An alarming webinar on Friday documented that even the U.S. military now is critically reliant on our enemy, the Chinese Communist Party.

The Wall Street Journal reports today that many businesses are finally moving en masse to production facilities outside of China. Unfortunately, so are the Chinese. We must actually decouple from the CCP, not simply transfer our fraught dependencies to its companies doing business in new locations.

This is Frank Gaffney.