Corporate America mobilizes for the virus fight
Corporate America puts on its war cape... In World War II, Ford produced B-24 bombers to help the war effort. Today we're fighting a very different battle against an invisible foe: COVID-19. Now, Ford and its corporate peers are stepping up to try and provide the "weapons" we need to virus-fight.
Reducing the supply gap... American corporations are teaming up to help slash the shortage for respirators and ventilators:
The Defense Production Act is the next step... The DPA gives the federal government power to force and incentivize businesses to produce goods required for national defense. The White House used the DPA for the 1st time during the COVID-19 pandemic yesterday, to get 60K testing kits. Despite corporate America's voluntary efforts, we might need a lot more DPA-usage to get the ventilators and respirators we need.