
President Joe Biden on Wednesday touted his administration’s progress in keeping the American economy rolling, telling a group of business leaders and government officials that the supply chain crisis that was expected to hit the country during the holiday season has not materialized.
“We brought together business and labor leaders to solve problems,” Biden said at the White House, where he held a video conference with business leaders and officials in his supply chain task force. “And the much-predicted crisis didn’t occur. Packages are moving, gifts are being delivered, shelves are not empty.”
Earlier this year, tangled supply chains seemed likely to persist through the end of the year. In response, the White House formed a task force drawing on multiple Cabinet agencies, with Biden administration officials working to ease bottlenecks at a vital U.S. port complex in Southern California and calling for round-the-clock dock work as part of efforts to clear clogged freight channels. The mountains of freight marooned on wharves eventually started to shrink.
In his remarks Wednesday, Biden also pointed to positive news on employment figures and gas prices – even as inflation remains a persistent problem.
“Today, America is the only leading economy in the world where household incomes and the economy as a whole are stronger than they were before the pandemic, even accounting for price increases,” he said.
Despite the positive news, public opinion polling shows that many Americans lack confidence in the country’s economic recovery. A Gallup survey released Wednesday morning shows that Americans’ economic confidence has now dropped to where it was in April 2020, as the coronavirus pandemic spurred lockdowns across the country.
(c) 2021, The Washington Post · Felicia Sonmez, John Wagner
{Matzav.com}
we know he’s SENILE but is he blind also? must be deaf as well?
Is he for REAL?!?!?!?!?!?!
It’s Trump’s fault.
Actually a lot of it is. Trump’s trade wars were DESIGNED to disrupt supply chains.
The part that isn’t Trump’s fault is that Biden has not removed the Trump tariffs.
Do are you insinuating that Pete Buttigeig is incompetent?
Leave the poor old man alone. He cannot focus on supply chains, while busy playing with his new puppy. THAT is the real Commander today.
The article is gibberish. The headline says “out of touch” but the story says that Biden is being successful, but no one trusts it. How is that out of touch?
The answer is that the story forgot to tell us the truth. As of a week ago, there are between 95 and 110 ships lined up along the California coast all the way down to San Diego. The claim Biden makes is that there were (in November) over 70 ships backlogged in the port, and now that’s reduced by 40%. But the reduction is only because the ships were spread further from the port to lessen pollution, so now they’re spread all the way to the southern end of the state, and there are 50% more ships, not less. Now that is OUT OF TOUCH!