'BradCast' 2/15/2022: (Guest: The American Prospect's David Dayen on solving the great supply chain debacle)

Published: Feb. 16, 2022, 3:40 a.m.

On today's 'BradCast':\xa0 We tackle another small, totally easy issue - - untangling the global supply chain debacle. DAVID DAYEN, Executive Editor of The American Prospect, explains how the pandemic exposed the brittleness and fragility of our global supply chain, and how its cascading impacts on the US and global economy have been decades in the making. Dayen walks through the many bad policy failures, largely engineered by Wall Street to maximize corporate profit at the expense of American jobs and national security, connecting the dots between outsourcing, financialization, monopolization, deregulation, and just-in-time logistics that have broken the global supply chain, exposed security risks, raised costs on consumers, hollowed out US manufacturing, and resulted in a wave of negative impacts that continue to wreak economic havoc across the country. Dayen also offers solutions on how to re-engineer the system, along with new signs that corporations and Congress appear to be moving to restore domestic manufacturing and supply chain sanity. Also today: Families of the victims of the Sandy Hook Elementary School massacre settled a lawsuit with gun manufacturer Remington under state law (gun lawsuits are banned under federal law). Britain's Prince Andrew settled a lawsuit with a young woman who accused him of rape in connection with child sex trafficker Jeffrey Epstein. Former Alaska Gov. Sarah Palin's defamation lawsuit against the New York Times was rejected by both judge and jury. Russia-Ukraine tensions may be easing as Russia appears open to high-level diplomacy, but the U.S. has not verified whether Russian troops have pulled back from Ukraine's border. Plus Desi Doyen has our latest 'Green News Report.'