Modernizing our Supply Chain Infrastructure

The COVID-19 pandemic exposed weaknesses in America’s supply chain infrastructure, leading to delays, shortages, and increased costs of goods. To reduce costs and improve efficiency, the federal government needs to invest in modernizing our supply chain infrastructure, from manufacturing to transportation.

I will fight to:

  • Invest in Transportation Infrastructure: Increase federal investment in ports, railways, and highways to streamline the transportation of goods across the country. This would reduce delays and costs associated with moving goods, making essential items like food, medicine, and consumer goods more affordable.
  • Support Domestic Manufacturing: Encourage domestic production of essential goods by offering tax incentives for companies that manufacture critical items like food, electronics, and pharmaceuticals within the U.S. Reducing reliance on international supply chains would reduce vulnerabilities and lower shipping costs.
  • Improve Technology and Logistics: Expand federal support for upgrading supply chain technology, such as blockchain and real-time tracking systems, which would improve efficiency and transparency in the movement of goods.

A modernized supply chain would ensure a smoother flow of goods, lower costs for consumers, and greater resilience against disruptions. It would also support job creation in manufacturing and logistics industries in Louisiana and across the U.S.

Combating Corporate Consolidation and Monopolies

Monopolistic practices and corporate consolidation have reduced competition, increased prices for consumers, and harmed small businesses. Federal policy must restore competition to the marketplace and protect consumers from predatory corporate practices.

I will fight for:

  • Stronger Antitrust Enforcement: Reinforce antitrust laws and strengthen the Federal Trade Commission (FTC) to combat monopolies and corporate mergers that stifle competition. This would include limiting monopolistic mergers in key sectors such as technology, agriculture, and healthcare.
  • Break Up Monopolies: Where necessary, break up companies that have a stranglehold on markets, particularly in industries like big tech and pharmaceuticals, where a few companies dominate to the detriment of consumers.
  • Consumer Protection: Enact or enforce regulations to protect consumers from price gouging and unfair practices, particularly in essential sectors like healthcare, energy, and telecommunications.

Breaking up monopolies and increasing competition would reduce prices for everyday goods and services, promote innovation, and help small businesses thrive in an economy that is fair for everyone.