>One of the interesting lessons of the past few years is that supply chain lead times are a thing and policy doesn't just happen because central planning says it should.
The dominant ideology in the US, at least until recently, is that there should be no central planning. The invisible hand of the market was all-knowing and would allocate resources far more efficiently than any human planner.
I wouldn't blame central planning, I'd blame the lack of it.
That was just a lot of talk. The federal government has been shaping the US economy and its industries since the start. Things like agriculture and energy has always been subsidized. E.g. the offshoring of manufacturing and the newer cultivation of green energy tech are entirely the result of tax and subsidy policies designed to result in these things.
The dominant ideology in the US, at least until recently, is that there should be no central planning. The invisible hand of the market was all-knowing and would allocate resources far more efficiently than any human planner.
I wouldn't blame central planning, I'd blame the lack of it.