Government Watch / Politics

Consumers Reel from the One-Two Punch of Inflation and the Supply Chain Crisis

supply

WASHINGTON, DC, Oct 21 — Remember how tough it was to find toilet paper in the early days of the pandemic?  Get ready for another lack of consumer goods in your local stores and for the fact that the stuff that’s on the shelf will cost more in the coming months.  But this time, it’s not due to a predatory virus; it’s due to a supply chain disruption, an accelerating rate of inflation, and the ineptitude of the administration that took office less than a year ago. 

A year ago, the rate of inflation was at a tolerable 1.2%.  It started to spike soon after Mr. Biden took office in January, and it has been increasing at a rapid rate ever since, causing intolerably increasing prices for consumer goods.  Gasoline, for example, is at $5.00 a gallon in some parts of the country. While $4.69 might seem steep in Fresno, other gas stations within California have marked prices up to $6.29. The lowest price for gas in California has been recorded at $3.75, according to a Fox News report

What causes inflation?  There are a lot of reasons inflation increases suddenly and at such furious rates; among them are things such as increased demand for goods and services and, of course, government policies. 

For example, Rachel Greszler, a Research Fellow in Economics, says that in a recent article published by the Heritage Foundation, for those who think inflation rates can’t get any higher, there’s a lesson to be learned about what happened in the 1970s when inflation reached as high as 11.04% due to excessive government spending.  Perhaps the cause in 2021 is that the Biden administration is seeking approval of massive spending plans that total more than$ 4.6 trillion.  On top of that, they want to increase the debt ceiling.

Senator Rick Scott [R-FL] says that it will result in making it harder and harder to make ends meet.  “Families are struggling to put food on the table, put gas in their cars and buy everyday goods each week. Each month we have seen prices go up hurting more and more families in Florida and across the nation. How do Democrats respond? By arguing to push the debt ceiling to unimaginable levels so they can ram through more reckless spending that will only further fuel Biden’s raging inflation crisis,” he says.

Combine the results of higher rates of inflation with the nation’s supply chain crisis, and you have a recipe for a worrisome near-term dilemma for shoppers going forward right through the upcoming holiday season and beyond 2022.  At least, as far as the breakdown of the supply chain is concerned, Mr. Biden can’t be blamed for causing it.  But there are things the government can do to offset its consequences. 

One way to get “goods moving would be to temporarily authorize a modified Hours of Service rule, using the “adverse driving condition” clause to justify temporarily raising the maximum driving time from 11 to 13 hours,” according to the Consumer Goods Association.

The CGA also recommends the creation of “a White House Office of SupplyChain that might “coordinate across multiple agencies that impact supply chains and make comprehensive, holistic policy recommendations. The current, fragmented approach creates unnecessary barriers to cooperation.”

And so, in June, the president created the Supply Chain Disruptions Task Force, which was intended to “bring the full capacity of the federal government to address near-term supply/demand mismatches.” the White House said. 

He put Transportation Secretary Pete Buttigieg in charge.  And Buttigieg started his new assignment by using the occasion to talk up the reasons why his boss was not responsible for the crisis.  In fact, he tried to spin the crisis by implying that the crisis might not be so bad, declaring that “Demand is up because income is up because the president has successfully guided this economy out of the teeth of a terrifying recession.”

Buttigieg was Mayor of South Bend, IN, and, among his accomplishments, during his tenure, he installed river lights under a bridge in town as a sign of the city’s resurgence.  So when he boasted that the supply chain crisis was the result of bettering the lives of Americans, it triggered a plethora of “boos” from the likes of retired Senator Orrin Hatch who twittered: “The boy mayor (who the President previously mocked for having no greater experience than installing colored lights under bridges) either don’t understand basic economics or just simply hopes people are stupid enough to believe this.”

To make matters worse, not long after taking on the leadership of the Supply Chain Disruptions Task Force, he disappeared for a four-week paternity leave — in the midst of the supply chain crisis. Whether it was a dereliction of duty or not, there are those that said it was an unprofessional thing to do when your job involves dealing with a crisis.

How much pain will the one-two punch of inflation and supply shortages cause American consumers?  John Catsimatidis, president of the Gristedes and D’Agostino Food supermarket chains, says, “I see food prices going up tremendously.  [CEOs] want to be ahead of the curve and the way they’re doing it is they’re dropping all promotions. They are dropping low-moving items.”  He went on to tell Maria Bartiromo at Fox Business: “I see over 10% [price increase] in the next 60 days”. Procter & Gamble’s CFO Andre Schulten, too,  said his company is raising prices on “a number of household staple goods.”

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PIDL
1 month ago

This cannot all be due to “supply chain”! Many of the items I am not seeing at my local stores are perishable foods that are made somewhat locally. Bread, potato chips, corn chips, and candy are not shipped from overseas. The generic store items are missing. But most of the more expensive brand names are here. Candy is not generic. Yet there are shortages there. It looks to me like the companies, like Walmart, themselves are trying to squeeze Americans to buy more expensive items. It is sad how greed drives these people. I refuse to fall into their trap. I just do without these items. They are not good for me anyways.

Karen
1 month ago

This is destroying those who are on a fixed income. Biden, get off of your “high horse” and start helping those who are suffering from your bonehead ideas. You won’t suffer now, but I assure you that you WILL suffer later. How about helping with all the $$$$ you are using to build your new wall in Delaware!

J. Shenk
1 month ago

Remember that old adage about the fish stinking from the head down? Our “Peter Priniple” President is demonstrably incompetent. No one objectively watching Biden’s performance can effectively deny that. His selection of ineffectual and unqualified administration personnel serves as yet another example of the man’s blatant incompetence.

Victoria Johnson
1 month ago
Reply to  J. Shenk

He had to meet his affirmative action quotas for a designated minority in every position don’tcha know. Mayor Pete checked off the designated LGBTQ………. minority position as his ONLY qualification.

J. Shenk
1 month ago

You’re absolutely correct! I’d forgotten about that “check the box” liberal/progressive mindset. Mayor Buttigieg’s deciding job qualification surely was his sexual orientation. With regards to personnel selection and human resources, Biden’s administration should adopt the slogan “quotas over quality”.

Hal
1 month ago

As I have said in prior posts, inflation is the Fed Government raises taxes and then with the cooperation mostly of the news media tries to sell it as some mysterious occurrence that evolves. Balanced budget Constitutional Amendment needed … one that metes out penalties on the legislators that are involved when they fail.

Dr.C
1 month ago

Why not include the rising prices of Gasoline; In early September the price was $2.80 it went from $3.16 to $3.50 this week. What will it be by Thanksgiving?
This idiot Biden shuts down the oil pipeline then asks OPEC to put out more oil, another clever move by this obtuse Regime composed of socialist ideologists.
It’s time for us Americans to do what the Founding Fathers did, remove this corrupt government and show nasty Nancy Pelosi what a real insurrection is by arresting all of these depraved scoundrels and placing them in a people’s tribunal.

Vicki
1 month ago
Reply to  Dr.C

Well said!!!!

Ralph S
1 month ago

Here’s one solution to our problems… Freeze ALL government salaries until the budget is balanced.
To reduce the National Debt… ALL Politicians take a 10% pay cut [tithe] and that money is invested in a special fund to earn interest to be used for the SOLE purpose of reducing the National Debt. The comptroller of said fund is to be paid a honorarium of $1.00 annually for the privilege of guarding our Nation’s future economic survival. This should really provide evidence of who is in office to serve WE THE PEOPLE, and those just in it for the power and money!

Jorge L Rios
1 month ago
Reply to  Ralph S

NO! A better idea is to stop all paychecks to those in Washington who are not doing their jobs, including all the thousands of unelected burocrats.

PJ Thom
1 month ago

The supply chain is just another one of the corrupt administrations ways of showing the people who is in control. The country is suffering from corrupt null and void Biden and his party. Nothing is being done about the lawlessness and we the people are wondering why the Republican Party isn’t doing more to push back against anti American policies that are happening. They are all corrupt and need to be gone, term limits. DC cares about control, keeping the people suppressed, lining their pockets legal or illegal, and taking everything we’ve worked our whole lives for. They need to go. They no longer stand for the people. News outlets, politicians, and experts run their stories about how our great country is being destroyed, from within, but nothing is ever done to stop it. I am sick of all their hype. We the people will have to make the difference if it ever happens.

Hal
1 month ago

The Joe Hidin’ Biden DecocRat Communist Party is creating an underclass of people as fast as they can and setting it up for those thus created will succumb to their whim and suffer accordingly while being told how great the libtard Commie Party is the next best thing to GOD.

Treyu Gerri G
1 month ago

Sharpen your knives and learn how to use them. The Bite-Me regime of incompetent and derelict buffoons, Heels High Heretic and Butt-Lick are the enemies of freedom, they are the face of Marxist Socialist Pigs.

Hal
1 month ago
Reply to  Treyu Gerri G

Wow! You hit the nail on the head squarely!

Denise
1 month ago

Biden Inc. IS the supply chain problem! Period, yada yada….the Biden puppet and Biden’s string pullers alone are the ugly problem with everything that’s gone down the toilet, a nation that was working great with Trump in office. A nation that was BORDERED, a nation that our avowed enemies in China, Russia and North Korea knew better than to mess with. A nation with almost NO illegals trespassing across our borders. The leftist demorats are so maniacal and drooling for power that THEY threw tantrums for 4 years….now their puppet Biden is doing the string master’s bidding…and the demorats are “punishing” those who had the audacity to screw up their dreams of Kingship/dictator/rulers off the backs of Americans.
George Bush Sr. during his acceptance speech when he ‘won’ the presidency said: “We must usher in the New World Order.” unquote. Lest we forget Indeed, this is exactly what the leftists are orchestrating. Don’t forget the “big O” blathering about how he was going to “fundamentally change America” the same “O” who announced that “there comes a time when a person has made enough money.” This “O” now a multi-millionaire who owns 3 multi-million dollar mansions…Think about this: Where is “O”? Where did all this wealth come from? Can we pretty much guarantee he might be on the ‘sidelines’ as the second in chief string puller…?

A. Kummetz
1 month ago
Reply to  Denise
E. Hammer
1 month ago
Reply to  Denise

AMEN!

Nick patriot
1 month ago
Reply to  Denise

Thank you Denise! Well said!!!

Victoria Johnson
1 month ago
Reply to  Denise

He’s not on the sidelines. He’s running the show. The ‘actors’ you see on stage are just reading their lines and playing their parts. B O is the producer and director managing the entire performance from ‘offstage’, 3 blocks from the White House.

David
1 month ago

Recently retired from 48 years of driving with a spotless record I decided to go back to work to “help out the supply chain” i.e. I’m bored. Five weeks of company and governmental regulations I’m still not cleared to return to work with the same company I retired from, I’m beginning to feel like it’s not worth it.

Joanne 4 justice
1 month ago

Yes America has inflation goods and food chain shortages and ” oil / energy shortages I expected severe inflation in the aftermath of the past 2 years of the COVID plague MANY MANY American businesses were shut down and or FAILED ! ISSUANCES OF STIMULUS CHECKS HAS DRAINED THE FEDERAL BUDGET AS WELL AS THE COSTLY RESEARCH and DEVELOPEMENT OF COVID VACCINES AND VACCINATING THE MASSES ! FACT IS AMERICA IS STILL IN RECOVERY MODE !!!!
IT IS WISE AND PRUDENT TO PUT ON THE BRAKES OF SPENDING MONEY THAT AMERICA DOES NOT HAVE !! THE trillion $$$$$$ Bills MUST NOT HAPPEN ! THE CURRENT POTUS AND THE SOCIALIST DEMS ARE LEADING AMERICA INTO DEBT AND FAILURE!!!!!
This POTUS AND HIS PARTY ARE NOT MAKING INFORMED FACT BASED DECISIONS ! THERE IS A HUGE LACK OF LEADERSHIP VERY VERY . POOR ASSESSMENT SKILLS TOO . AND A HUGE DENIAL OF WHAT IS TRULY HAPPENING IN OUR COUNTRY !!!!!! GOD HELP OUR DEMOCRACY !
ADDITIONALLY I DO NOT WANT TO PAY FOR THE $$$$$ 200 MILLION PEELOSI PARK IN SAN FRANCISCO !!!!!
DO YOU ???????

by

Hal
1 month ago

It’s simple when broken down to basics. Government overspending (spending more than received from taxation) is plain and simply one way to tax people and them not realize what spendthrifts they are with OPM (other people’s money). Every time Congress authorizes a spending bill that results in spending more money than is available from taxation is just a form of taxation (which hurts the average tax paying citizen far more than businesses and corporations). INFLATION IS TAXATION … and it hurts the lowest income citizens the most. WE NEED A CONSTITUTIONQAL AMENDMENT that disallows this (government overspending) except in DECLARED WARTIME

PIDL
1 month ago

The Dems think throwing money at any problem is the way to fix it. Especially, if the money ends up in their bank accounts.

Kyle Buy you some guns,and learn how to shoot
1 month ago

For the most part ,blame Biden. Kyle L.

HocasPocas
1 month ago

Let’s go Brandon!

Joanne 4 justice
1 month ago

Biden and the party are not
LEADING OUR REPUBLIC APPROPRIATELY ! PERHAPS Mr SOROS AND THE OPEN SOCIETY IS ALSO AT FAULT AS WELL !!!!!

Tim Toroian
1 month ago

I was in a store the other day that had many empty shelves but the ones that got my attention were in the lunch aisle. Some sections were empty but in the brands on hand, there was NO turkey lunch meat, none.

George
1 month ago

But Biden is acting “presidential” and there are no more mean tweets.

Tim Toroian
1 month ago
Reply to  George

There were no mean tweets only hurt feelings that wouldn’t withstand cotton balls.

Betty Harrison
1 month ago

these are especially hard on older senior citizens whose retirement pay has not gone up not eligible foe ss no raise in retirement since 2000

Joanne 4 justice
1 month ago
Reply to  Betty Harrison

I agree I am fearful NASTY Nancy will continue to threaten America by causing a Government shutdown and with holding SS CHECKS IF SHE DOES NOT GET THE TRILLION $$$$$ EXPENSIVE WISH BILLS PASSED BY DECEMBER ???? SHE IS AN EXPERT AT !

MANIPULATION AND CONTROL TACTICS

IS AN EXPERT AT .CONTROL AND .

Joanne 4 justice
1 month ago

NAATY PEELOSY

Enuf Said
1 month ago

Well, if the Gub-Mint had stopped all the companies from leaving America, we would NOT have supply chain problems. Not to worry, now that the tax payer will pay almost five hundred thousand for a fence around Biden’s beach house, of which he has gone to twice this year (NONE to the border), everyone knows BUCK FIDEN has all things under control!!

Patty Hanson
1 month ago

The Enemy is achieving its goal to forever change our America and the resulting change will effectively transform the USA into just another ‘sh!t hole’ among nations.
God Save Us, because I have no faith in anyone in DC to do it.

Jorge L Rios
1 month ago
Reply to  Patty Hanson

All things that are happening are God’s way of grabing us by the shoulders and giving us a good shake to wake us up and guide us on the path to see His light. Without suffering there is no faith, without faith there is nothingness.

Victoria Johnson
1 month ago
Reply to  Jorge L Rios

Or to brace us for the things which are yet to come in the not so distant future as revealed in The Book of Revelations and numerous other references throughout the Bible. It probably won’t happen in the few years many of us here at Amac have left but I firmly believe there are those alive today who will have to live through it. May God have mercy on their souls.

R.S. Elam
1 month ago

Yeah- I enjoyed the article. I also enjoy getting calculus scraped off my teeth.

Eduardo
1 month ago

All tyrannies need a good crisis to get into power. Once they get it they cultivate that (or those) crises. That way people don’t realize that they got into something far worse than that crisis they were running from. Sadly doesn’t matter how advanced a system might be, people are are still just that, vulnerable human beings. I have seen that the lesser problems people have, the easier they will accept unnecessary problems.

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