It’s far from clear how Biden’s use of the Defense Production Act will address these problems. For that matter, it’s not clear how Biden’s use of the Defense Production Act is even appropriate—it’s a law meant to be used during wartime, not a convenient way for a president to centrally plan a sector of the economy (that he’s simultaneously trying to sabotage with a different set of powers). It’s also not a magic wand that a president can use to make the consequences of other policies vanish into thin air.
