Transportation Secretary Pete Buttigieg predicted more supply chain bottlenecks, saying they will continue as long as the pandemic continues. “If a shoe factory closes in Vietnam in September for a COVID outbreak, you’re going to see the effect of that at the mall in December or January,” Buttigieg, who received criticism recently for taking a leave of absence during a supply chain crunch affecting ports and freight lines, said during a televised interview on Wednesday. The United States is “seeing goods move through our system and reach shelves at record levels,” he said, blaming the shortages on high demand. The supply chain issues could prove to be more politically damaging for the Biden administration if bottlenecks persist during the Christmas shopping season. At the same time, data released by the Labor Department shows that the year-over-year prices increased by 5.4 percent in September, the largest annual increase since January 1991. …


Leave a Reply

%d bloggers like this: