NYT’s Friedman: This Is Not the Time to Get into a ‘Cold War’ with China

RUSH EXCERPT:

FRIEDMAN: “One thing with know about innovation, necessity is the mother of invention. And the greatest companies were born in economic downturns. Like Intel and Microsoft. I think you’ll see a massive amount of innovation around first of all E learning. It’s already been out there through companies. I think what you’ll see is an explosion of it. And that could be a great thing for the country. It could deal with this huge student debt load we have. Another thing I’m sure you’ll see is a huge explosion in 3 D manufacturing. So we aren’t dependent on the massive long supply chains when we need whether it’s special face masks or need ventilators. The ability to manufacture in this country close to home, I think explosion of that too. Let me say one thing, this is not the time for a U.S. China Cold War. I can’t think of anything more wreckless.”