President Joe Biden is getting America back to work, and his decisive decision-making is easing the supply-chain bottleneck. Thanks to the Biden Administration and congressional Democrats, companies and CEOs across the country are assuring Americans that store shelves will be filled in time for the holidays.
Meanwhile, Republicans have no plan to address inflation because, for them, it is a political “gold mine.”
Here’s what business leaders and economic experts across the country are saying about President Biden’s efforts to ease supply-chain burdens:
ABC News: Walmart CEO optimistic about holiday inventory
- “As holiday shopping season ramps up, Walmart CEO Furner addressed the concerns of prices and how long supplies will last. Furner told ‘Good Morning America’ that President Joe Biden, who met with retail executives this week, and his administration have ‘been a great help.’”
CNBC: Biden hosts CEOs to discuss holiday shopping supply chain issues, inflation
- “The first CEO to speak was Ham, who said Food Lion’s supply chain was ‘strong and robust, and we have ample product inside of our stores.’”
NPR: Biden discusses holiday supply chain issues with business CEOs
- “‘We have been navigating supply chain disruption since the beginning of the pandemic, but have been able to work through those disruptions. We had very strong quarter that just ended in the third quarter, and we are expecting a strong holiday season with plenty of toys for children of all ages to play in the coming season.’ said Mattel CEO”
ABC News: How large retailers are avoiding supply chain woes
- “‘We don’t expect to be materially impacted by supply chain issues during the critical holiday shopping season,’ Jeffrey Gennette, Macy’s CEO, said on an earnings call this week.”
Wall Street Journal: Supply-Chain Problems Show Signs of Easing
- “‘Globally speaking, the worst is behind us in terms of the supply-chain problems,’ said Louis Kuijs, head of Asia economics at Oxford Economics. A survey by the research house among what it described as ‘country experts’ covering 45 economies found that almost all believe supply-chain disruptions have peaked or will peak in the last quarter of this year.”
Axios: Biden’s supply chain offense heats up
- “Etsy CEO Josh Silverman, who met with President Biden in that meeting, told Axios that he’s ‘heartened’ by the administration’s infrastructure investments.”
Seeking Alpha: Applied Materials CEO says chip supply chain will get ‘incrementally better’ soon
- “Applied Materials Chief Executive Officer Gary Dickerson said Tuesday that the semiconductor supply chain issues will get ‘incrementally better going forward.’”
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Published: Dec 1, 2021 | Last Modified: Dec 10, 2021