I’m all for strengthening our manufacturing sector. But the idea that companies will lower costs by building in America — where labor costs, permitting costs, regulatory costs and so on are usually much higher than in, say, Mexico — is fantasy. The problem right now is that Congress and the administration pumped far too much money into a growing economy, and inflation will probably get even worse whenever the supply-chain issues finally unwind.

Bret Stephens

Bret Louis Stephens (born November 21, 1973) is a Pulitzer Prize-winning American conservative journalist, editor, and columnist. He began working as an opinion columnist for The New York Times in April 2017 and as a senior contributor to NBC News in June 2017.Stephens previously worked for The Wall Street Journal as a foreign-affairs columnist and later as the deputy editorial page editor, and was responsible for the editorial pages of its European and Asian editions. From 2002 to 2004, he was editor-in-chief of The Jerusalem Post. He won the Pulitzer Prize for Commentary in 2013. Stephens is known for his neoconservative foreign policy opinions and for being part of the right-of-center opposition to Donald Trump, as well as his stance on climate change.

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