I have some crybaby on Twitter shouting at me that we liberals who don’t like Kristi Noem are responsible for inflation and supply-chain problems.
Yeah, we liberals are to blame… and you conservatives, and everyone else who’s out buying so much stuff:
One major pain point in the supply chain is the backlog at U.S. ports. Late last month, CBS News reported that the Port of Los Angeles, which handles 40% of U.S. imports, is facing a.
“The American consumer’s buying strength is so strong and epic that we can’t absorb all this cargo into the domestic supply chain,” says Gene Seroka, director of the Port of Los Angeles.
East Coast ports are seeing record volume as well. The Port Authority of New York and New Jersey recently reported that it moved more cargo in August 2021 than in any other August on record [Fox Van Allen, “Holiday Shopping in October: Why Supply Chain Experts Say You Need to Shop Now, Not Later,” CBS News, 2021.10.19].
Lots of Americans with lots of buying power—this sounds like a problem we want to have assuming, unless, of course, you’re one of those radical economic saboteurs who thinks ever-growing consumption has bad consequences for the planet and our souls.
By the way, the 2021 Deloitte Holiday Retail Survey finds Americans anticipate spending an average of $1,463 on holiday shopping. That’s up 5% from 2020 but still down 2% from 2019.