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

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

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