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the supply chain.
we were all aware: back in 2021 and 2022, the global supply chain -- the network that makes and delivers goods -- was bottlenecked everywhere
russia’s invasion of ukraine and new lockdowns in china made things particularly bad, said cnn
but other than the war, what was to blame? business insider blamed covid shutdowns and a surge in demand
heritage disagreed, saying covid was just an excuse. gvt regulation and union chokeholds were the problem
the american prospect blamed outsourcing, monopolies, deregulation, and corporate greed
the wsj blamed a booming u.s. economy and a globalized world
senator josh hawley blamed neglect of american manufacturing
and the teamsters’ prez blamed poor working conditions for truckers
in response, bloomberg reported that big companies were taking a page from the gilded age and integrating vertically
and the wsj reported that companies are bringing jobs back to the u.s. at record levels since the supply chain crisis hit
but the economist warned against pulling back too much. when it comes to global supply chains, it’s all about balancing resiliency with efficiency
up next...
nearshoring.
inflation, a primer.
biden v. big meat.
baby formula crisis.
the labor crunch.
biden’s antitrust plan.
de- globalization.
biden went to mexico.
jimmy carter.
solar energy & biden.
the oil crunch.
the chips act.
ev battery mining.
secret congress.
zero covid.
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