Article

2021-12-22 Economy

Biden touts 'significant progress' by his Supply Chain Disruptions Task Force as crisis continues

[FoxBusiness] Consumer prices surged at the fastest pace in nearly four decades in November.

President Biden will hold a "convening" Wednesday at which members of his economic team and business leaders will cite a variety of positive indicators about the economy, even as inflation roars and supply chain problems continue.

Problems with the economy likely will factor into the 2022 midterm elections and Biden's own 2024 reelection campaign — if he runs — should inflation and shortages of goods and labor persist.

Among those expected to attend: Transportation Secretary Pete Buttigieg; National Economic Council Director Brian Deese; Agriculture Secretary Tom Vilsack; port envoy John Porcari; FedEx CEO Fred Smith; Yellow Corp. CEO Darren Hawkins; and Christopher Connor, CEO of the American Association of Port Authorities.

The Biden administration released a "fact sheet" Wednesday that will apparently serve as a template for the meeting, touting what it called the strongest economic growth of any president in his first year in a half-century, and outlining the "aggressive action to lower the price of goods and gasoline for Americans."

In the document, the White House struck an optimistic tone on gas prices, supply chain issues, and inflation – factors that have caused him polling issues and subjected him to intense Republican criticism.

"Since Day 1, President Biden has been laser-focused on reopening the economy and has taken aggressive action to lower the price of goods and gasoline for Americans," the fact sheet says. "The President’s Supply Chain Disruptions Task Force has made significant progress to alleviate bottlenecks that are rooted in the global pandemic."

Posted by Skidmark 2021-12-22 07:15|| || Front Page|| [11 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 The President’s Supply Chain Disruptions Task Force has made significant progress to alleviate bottlenecks that are rooted in the global pandemic.

What about bottlenecks rooted in Biden's incompetence?

Posted by Glavique Hupavise3958 2021-12-22 11:12|| 2021-12-22 11:12|| Front Page Top

#2 significant progress to alleviate bottlenecks that are rooted in the global pandemic

WTF does that even mean?

These assholes can't even lie coherently now

Posted by Merrick Ferret 2021-12-22 11:30|| 2021-12-22 11:30|| Front Page Top

#3 significant progress to alleviate bottlenecks that are rooted in the global pandemic

Everything is the 'Global Pandemic's' fault, don't you see.

Supply Chain, Racism, Crime, Gender Identity, Global Warming (or Cooling), Sunspots, 3-Headed Goats and Biden winning® the election.

Posted by Mullah Richard 2021-12-22 12:16|| 2021-12-22 12:16|| Front Page Top

#4 Coke, Pepsi, Sunbelt, Red Bull all indicate sever problems next year in supplying products. Those ships offshore are insured. So figure write offs and such. Salvage products shipped to Latin America and sold at whatever price they can get. Americans will pay thru the nose on products that do make it to market. This is a rigged game.

Posted by Dale 2021-12-22 13:11|| 2021-12-22 13:11|| Front Page Top

#5 and I thought my growing hate for people was from all the shit I read and view. Never considered the "pandemic" to be the cause.

Posted by Chris 2021-12-22 16:01|| 2021-12-22 16:01|| Front Page Top

#6 Joe is referncing Hunter's supplier, who likely gives Joe 10% of revenue.

Posted by Blackbeard Barnsmell6454 2021-12-22 17:09|| 2021-12-22 17:09|| Front Page Top

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