Taking Stock of Semiconductors

Towards the end of last year, the Biden administration tapped the Strategic Petroleum Reserve in response to rising gas prices. Whatever the merits of that decision, the existence of the stockpile provides a measure of both market and geopolitical stability. The federal government also maintains, with decidedly mixed success, stockpiles for personal protective equipment (created after 9/11 and nearly empty when Covid-19 began), critical minerals, and even helium. Nonetheless, given the dependencies revealed and accentuated by the pandemic, it is past time to consider expanding the scope of products and materials kept under strategic reserve—starting with semiconductors, writes Dr. Jeb Nadaner, Executive Director of SAFE Commanding Heights, and Alexander B. Gray, SAFE Commanding Heights Senior Fellow. (Read More Via The National Interest)