Coronavirus exposes how profit-driven decisions undercut US response - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The coronavirus pandemic has exposed how profit-driven decisions undercut the US's ability to fight an outbreak

faulted these types of "severe shortages" of personal protective equipment — along with testing kits – for impeding hospitals' ability to fight the outbreak.

, author of "The Case for Medicare for All," said. "It may cost money, but there's a public interest in being prepared for a disaster."'Keep some powder dry': A Wall Street chief strategist explains why stocks could repeat an ugly crash that's only occurred once since World War II Some of that drive to ramp up profits also filtered into the production of critical medical equipment over the past several decades.Mask shortages can be explained by US companies' decision to move their production abroad to countries like China to cut costs and pay lower wages, according to, a manufacturing expert at Case Western University and formerly chief economist for the Department of Commerce.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RiseUpandResist A ‘business publication’ citing how profit driven business decisions and greedy corporations have undercut America’s ability to respond to the Covid19 pandemic. Precious. Just precious.

RiseUpandResist If you're going to have a single plan, organizing principle or strategy for everything under the sun, making the most money in easiest way in least amount of time regardless of the externalities, capitalism, should be last on the list.

Shocking

If the United States government was running healthcare right now we would be in the same situation. Profit driven decisions and capitalism ensure shortages don't occur. If the government wants to prepare for every pandemic conceiveable, then bolster the strategic stockpile.

GOP profit-driven decisions.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus updates: Trump considered letting coronavirus 'wash over' US - Business Insider[Thread] 👇 UK Prime Minister Boris Johnson was discharged from the hospital Sunday morning after spending several days in the ICU being treated for COVID-19. Follow along for live updates on the latest coronavirus news around the globe. Great news he can get back to killing UK PM BorisJohnson leaves hospital after that he said HydroxyChloroquine saved My life..Covid_19
Source: BusinessInsider - 🏆 729. / 51 Read more »