ICYMI: Biden’s Supply Chain Crisis isn’t Going Away Anytime Soon
WASHINGTON, D.C.,
December 6, 2021
The Biden administration’s permanent pandemic policies are exacerbating our supply chain crisis as well as inflation. If the administration responds to the Omicron variant with “emergency measures,” such as more spending and lockdowns, hardworking Americans will feel the brunt of it. Not to mention that main street businesses are already feeling the effects of President Biden’s failed policies. In Case You Missed It via The Hill, the supply chain crisis is still in its early stages.
Biden's proposals spark phase 2 of supply chain crisisBy: Kristin TateDecember 6, 2021 Our economic woes are not going away anytime soon, and President Biden seems to be doing his best to prolong them. …The White House’s policy errors will further exacerbate the delicate national recovery from the pandemic and become the greatest contributing factor to a worsening of our supply chain crisis and inflation. …if officials respond with more spending and lockdowns in the name of “emergency measures” it could lead to further pain for American households and a worsening supply situation — at a time when our nation simply cannot afford it. … The supply chain crisis is still in early stages, and the White House won’t admit it. Jerome Powell is no longer using the qualifier “transitory” to describe inflation. Small retailers must consider whether to hoard goods to not run out of stock. The White House is papering over the severe issues, going so far as to launch a Federal Trade Commission inquiry into major retailers’ role in supply issues rather than considering a change in policy. Small manufacturers are unable to get some raw or finished goods, and charities are having difficulty procuring Christmas gifts for needy kids. Biden’s proposed tariffs, scaremongering over the omicron variant, and show investigations will all fail to solve the underlying issue of supply and demand. … The administration isn’t instilling confidence in a nervous market. Last week, the president canceled a statement on the supply chain crisis at the last minute. Transportation Secretary Pete Buttigieg dismissed concerns over soaring gas prices by stating that Americans can get around sticker shock at the pump just by buying electric vehicles. He previously blamed a lack of child care options for the current supply woes. For a White House doing its best to sneak a major tax cut for the wealthy into its Build Back Better bill, it appears that the everyday concerns of Americans struggling to pay their bills or fill their cars with gasoline are being dismissed. To read the full op-ed in The Hill, click here. |