please welcome peter goodman! ♪ ♪ [cheers and applause] yes! all right.of toilet paper. >> sure did. >> michael: baby formula, computer chips. we had cars that were ready to run but no computer chips. what the [bleep] happened? and did we fix it? >> we have not fixed it. i'm sorry to say, the vulnerabilities are still there. what happened was a reveal of something that had been there for decades. we are dependent upon this really improvised, ad hoc, rickety supply chain that is really a bunch of supply chains. we have been devoted to this reckless, ruthless form of the regulation. and during the pandemic, just as we were in our darkest hour of need, it buckled. yeah, we ran out of a lot of stuff. >> michael: when i was reading your book, i kept asking myself the same question which is, why don't we just make this shit here? >> yeah. >> michael: why aren't we making all of the shit here? [cheers and applause] you answer that, but explain it to me again. >> we could make more things here. and there is a movement to make more things here and that is helpful.