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Consumers Reel from the One-Two Punch of Inflation and the Supply Chain Crisis

Posted on Thursday, October 21, 2021
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by AMAC, John Grimaldi
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67 Comments
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WASHINGTON, DC, Oct 21 — Remember how tough it was to find toilet paper in the early days of the pandemic?  Get ready for another lack of consumer goods in your local stores and for the fact that the stuff that’s on the shelf will cost more in the coming months.  But this time, it’s not due to a predatory virus; it’s due to a supply chain disruption, an accelerating rate of inflation, and the ineptitude of the administration that took office less than a year ago. 

A year ago, the rate of inflation was at a tolerable 1.2%.  It started to spike soon after Mr. Biden took office in January, and it has been increasing at a rapid rate ever since, causing intolerably increasing prices for consumer goods.  Gasoline, for example, is at $5.00 a gallon in some parts of the country. While $4.69 might seem steep in Fresno, other gas stations within California have marked prices up to $6.29. The lowest price for gas in California has been recorded at $3.75, according to a Fox News report

What causes inflation?  There are a lot of reasons inflation increases suddenly and at such furious rates; among them are things such as increased demand for goods and services and, of course, government policies. 

For example, Rachel Greszler, a Research Fellow in Economics, says that in a recent article published by the Heritage Foundation, for those who think inflation rates can’t get any higher, there’s a lesson to be learned about what happened in the 1970s when inflation reached as high as 11.04% due to excessive government spending.  Perhaps the cause in 2021 is that the Biden administration is seeking approval of massive spending plans that total more than$ 4.6 trillion.  On top of that, they want to increase the debt ceiling.

Senator Rick Scott [R-FL] says that it will result in making it harder and harder to make ends meet.  “Families are struggling to put food on the table, put gas in their cars and buy everyday goods each week. Each month we have seen prices go up hurting more and more families in Florida and across the nation. How do Democrats respond? By arguing to push the debt ceiling to unimaginable levels so they can ram through more reckless spending that will only further fuel Biden’s raging inflation crisis,” he says.

Combine the results of higher rates of inflation with the nation’s supply chain crisis, and you have a recipe for a worrisome near-term dilemma for shoppers going forward right through the upcoming holiday season and beyond 2022.  At least, as far as the breakdown of the supply chain is concerned, Mr. Biden can’t be blamed for causing it.  But there are things the government can do to offset its consequences. 

One way to get “goods moving would be to temporarily authorize a modified Hours of Service rule, using the “adverse driving condition” clause to justify temporarily raising the maximum driving time from 11 to 13 hours,” according to the Consumer Goods Association.

The CGA also recommends the creation of “a White House Office of SupplyChain that might “coordinate across multiple agencies that impact supply chains and make comprehensive, holistic policy recommendations. The current, fragmented approach creates unnecessary barriers to cooperation.”

And so, in June, the president created the Supply Chain Disruptions Task Force, which was intended to “bring the full capacity of the federal government to address near-term supply/demand mismatches.” the White House said. 

He put Transportation Secretary Pete Buttigieg in charge.  And Buttigieg started his new assignment by using the occasion to talk up the reasons why his boss was not responsible for the crisis.  In fact, he tried to spin the crisis by implying that the crisis might not be so bad, declaring that “Demand is up because income is up because the president has successfully guided this economy out of the teeth of a terrifying recession.”

Buttigieg was Mayor of South Bend, IN, and, among his accomplishments, during his tenure, he installed river lights under a bridge in town as a sign of the city’s resurgence.  So when he boasted that the supply chain crisis was the result of bettering the lives of Americans, it triggered a plethora of “boos” from the likes of retired Senator Orrin Hatch who twittered: “The boy mayor (who the President previously mocked for having no greater experience than installing colored lights under bridges) either don’t understand basic economics or just simply hopes people are stupid enough to believe this.”

To make matters worse, not long after taking on the leadership of the Supply Chain Disruptions Task Force, he disappeared for a four-week paternity leave — in the midst of the supply chain crisis. Whether it was a dereliction of duty or not, there are those that said it was an unprofessional thing to do when your job involves dealing with a crisis.

How much pain will the one-two punch of inflation and supply shortages cause American consumers?  John Catsimatidis, president of the Gristedes and D’Agostino Food supermarket chains, says, “I see food prices going up tremendously.  [CEOs] want to be ahead of the curve and the way they’re doing it is they’re dropping all promotions. They are dropping low-moving items.”  He went on to tell Maria Bartiromo at Fox Business: “I see over 10% [price increase] in the next 60 days”. Procter & Gamble’s CFO Andre Schulten, too,  said his company is raising prices on “a number of household staple goods.”

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PIDL
PIDL
2 years ago

This cannot all be due to “supply chain”! Many of the items I am not seeing at my local stores are perishable foods that are made somewhat locally. Bread, potato chips, corn chips, and candy are not shipped from overseas. The generic store items are missing. But most of the more expensive brand names are here. Candy is not generic. Yet there are shortages there. It looks to me like the companies, like Walmart, themselves are trying to squeeze Americans to buy more expensive items. It is sad how greed drives these people. I refuse to fall into their trap. I just do without these items. They are not good for me anyways.

Karen
Karen
2 years ago

This is destroying those who are on a fixed income. Biden, get off of your “high horse” and start helping those who are suffering from your bonehead ideas. You won’t suffer now, but I assure you that you WILL suffer later. How about helping with all the $$$$ you are using to build your new wall in Delaware!

J. Shenk
J. Shenk
2 years ago

Remember that old adage about the fish stinking from the head down? Our “Peter Priniple” President is demonstrably incompetent. No one objectively watching Biden’s performance can effectively deny that. His selection of ineffectual and unqualified administration personnel serves as yet another example of the man’s blatant incompetence.

Hal
Hal
2 years ago

As I have said in prior posts, inflation is the Fed Government raises taxes and then with the cooperation mostly of the news media tries to sell it as some mysterious occurrence that evolves. Balanced budget Constitutional Amendment needed … one that metes out penalties on the legislators that are involved when they fail.

Dr.C
Dr.C
2 years ago

Why not include the rising prices of Gasoline; In early September the price was $2.80 it went from $3.16 to $3.50 this week. What will it be by Thanksgiving?
This idiot Biden shuts down the oil pipeline then asks OPEC to put out more oil, another clever move by this obtuse Regime composed of socialist ideologists.
It’s time for us Americans to do what the Founding Fathers did, remove this corrupt government and show nasty Nancy Pelosi what a real insurrection is by arresting all of these depraved scoundrels and placing them in a people’s tribunal.

Ralph S
Ralph S
2 years ago

Here’s one solution to our problems… Freeze ALL government salaries until the budget is balanced.
To reduce the National Debt… ALL Politicians take a 10% pay cut [tithe] and that money is invested in a special fund to earn interest to be used for the SOLE purpose of reducing the National Debt. The comptroller of said fund is to be paid a honorarium of $1.00 annually for the privilege of guarding our Nation’s future economic survival. This should really provide evidence of who is in office to serve WE THE PEOPLE, and those just in it for the power and money!

PJ Thom
PJ Thom
2 years ago

The supply chain is just another one of the corrupt administrations ways of showing the people who is in control. The country is suffering from corrupt null and void Biden and his party. Nothing is being done about the lawlessness and we the people are wondering why the Republican Party isn’t doing more to push back against anti American policies that are happening. They are all corrupt and need to be gone, term limits. DC cares about control, keeping the people suppressed, lining their pockets legal or illegal, and taking everything we’ve worked our whole lives for. They need to go. They no longer stand for the people. News outlets, politicians, and experts run their stories about how our great country is being destroyed, from within, but nothing is ever done to stop it. I am sick of all their hype. We the people will have to make the difference if it ever happens.

Hal
Hal
2 years ago

The Joe Hidin’ Biden DecocRat Communist Party is creating an underclass of people as fast as they can and setting it up for those thus created will succumb to their whim and suffer accordingly while being told how great the libtard Commie Party is the next best thing to GOD.

Treyu Gerri G
Treyu Gerri G
2 years ago

Sharpen your knives and learn how to use them. The Bite-Me regime of incompetent and derelict buffoons, Heels High Heretic and Butt-Lick are the enemies of freedom, they are the face of Marxist Socialist Pigs.

Denise
Denise
2 years ago

Biden Inc. IS the supply chain problem! Period, yada yada….the Biden puppet and Biden’s string pullers alone are the ugly problem with everything that’s gone down the toilet, a nation that was working great with Trump in office. A nation that was BORDERED, a nation that our avowed enemies in China, Russia and North Korea knew better than to mess with. A nation with almost NO illegals trespassing across our borders. The leftist demorats are so maniacal and drooling for power that THEY threw tantrums for 4 years….now their puppet Biden is doing the string master’s bidding…and the demorats are “punishing” those who had the audacity to screw up their dreams of Kingship/dictator/rulers off the backs of Americans.
George Bush Sr. during his acceptance speech when he ‘won’ the presidency said: “We must usher in the New World Order.” unquote. Lest we forget Indeed, this is exactly what the leftists are orchestrating. Don’t forget the “big O” blathering about how he was going to “fundamentally change America” the same “O” who announced that “there comes a time when a person has made enough money.” This “O” now a multi-millionaire who owns 3 multi-million dollar mansions…Think about this: Where is “O”? Where did all this wealth come from? Can we pretty much guarantee he might be on the ‘sidelines’ as the second in chief string puller…?

David
David
2 years ago

Recently retired from 48 years of driving with a spotless record I decided to go back to work to “help out the supply chain” i.e. I’m bored. Five weeks of company and governmental regulations I’m still not cleared to return to work with the same company I retired from, I’m beginning to feel like it’s not worth it.

Joanne 4 justice
Joanne 4 justice
2 years ago

Yes America has inflation goods and food chain shortages and ” oil / energy shortages I expected severe inflation in the aftermath of the past 2 years of the COVID plague MANY MANY American businesses were shut down and or FAILED ! ISSUANCES OF STIMULUS CHECKS HAS DRAINED THE FEDERAL BUDGET AS WELL AS THE COSTLY RESEARCH and DEVELOPEMENT OF COVID VACCINES AND VACCINATING THE MASSES ! FACT IS AMERICA IS STILL IN RECOVERY MODE !!!!
IT IS WISE AND PRUDENT TO PUT ON THE BRAKES OF SPENDING MONEY THAT AMERICA DOES NOT HAVE !! THE trillion $$$$$$ Bills MUST NOT HAPPEN ! THE CURRENT POTUS AND THE SOCIALIST DEMS ARE LEADING AMERICA INTO DEBT AND FAILURE!!!!!
This POTUS AND HIS PARTY ARE NOT MAKING INFORMED FACT BASED DECISIONS ! THERE IS A HUGE LACK OF LEADERSHIP VERY VERY . POOR ASSESSMENT SKILLS TOO . AND A HUGE DENIAL OF WHAT IS TRULY HAPPENING IN OUR COUNTRY !!!!!! GOD HELP OUR DEMOCRACY !
ADDITIONALLY I DO NOT WANT TO PAY FOR THE $$$$$ 200 MILLION PEELOSI PARK IN SAN FRANCISCO !!!!!
DO YOU ???????

by

Kyle Buy you some guns,and learn how to shoot
Kyle Buy you some guns,and learn how to shoot
2 years ago

For the most part ,blame Biden. Kyle L.

Tim Toroian
Tim Toroian
2 years ago

I was in a store the other day that had many empty shelves but the ones that got my attention were in the lunch aisle. Some sections were empty but in the brands on hand, there was NO turkey lunch meat, none.

George
George
2 years ago

But Biden is acting “presidential” and there are no more mean tweets.

Betty Harrison
Betty Harrison
2 years ago

these are especially hard on older senior citizens whose retirement pay has not gone up not eligible foe ss no raise in retirement since 2000

Enuf Said
Enuf Said
2 years ago

Well, if the Gub-Mint had stopped all the companies from leaving America, we would NOT have supply chain problems. Not to worry, now that the tax payer will pay almost five hundred thousand for a fence around Biden’s beach house, of which he has gone to twice this year (NONE to the border), everyone knows BUCK FIDEN has all things under control!!

Patty Hanson
Patty Hanson
2 years ago

The Enemy is achieving its goal to forever change our America and the resulting change will effectively transform the USA into just another ‘sh!t hole’ among nations.
God Save Us, because I have no faith in anyone in DC to do it.

R.S. Elam
R.S. Elam
2 years ago

Yeah- I enjoyed the article. I also enjoy getting calculus scraped off my teeth.

Philip Hammersley
Philip Hammersley
2 years ago

What can we expect with Alfred E. Neuman in charge of transportation, Barney Fife at DOJ, and Alfalfa at DOD?

Rik
Rik
2 years ago

For over 43 years I worked in advertising and marketing to consumers and the one thing I learned that was very consistent is that the average American consumer is very stupid! . . . And Now that almost everyone under 40 that went through the public school system has been indoctrinated in stupidity, the DEMOCRATS are POMPOUS IN THEIR COMMUNIST LEANINGS so that they DON’T CARE whether the Republicans complain or object and just ignore them. And the stupid Republican politicians NEVER call them COMMUNISTS!!! . . . Communists don’t fight fair and that’s why they will win unless We the People rise up to defeat them! . . . I hold little hope that America can avoid becoming COMMUNIST!

Wanda
Wanda
2 years ago

Prices are up because of demand and ships sitting off shore in California because of that state’s Communists laws….and the brain dead had an opportunity to put someone in the governor’s slot, but kept the worst governor in the U.S…just wait until we have to sit in line to get gas and it is rationed….I remember that one under peanut brain Carter….now we have a senile imbecilic moron whose chains are being manipulated by people such as Soros, Gates, Big Tech and Pharma to fill his back pockets…the current illegal fraudulent cheating president would sell his soul for money….he has already sold out America.

D.P.
D.P.
2 years ago

And the hits keep on coming. Inflation is a natural part of any economy….but in this case it’s greatest cause is the burden of a government printing un-backed currency…that the more you have the less it is worth. So your spending power is depleated by the decline in value of the money you have. In other words it costs more to get what you got before. While inflation can be the result of things like fractures in supply and demand, production losses, resource problems, even labor and the weather (long term), but in our present situation, this is almost completely on the administration and its fouled up way of doing things…..and the real rub is this is not an accident…..there is motive behind it all. the motive of control and power being exercised by people who seek to wipe the Republic off the map, and replace it with some other form. Consumers will soon be unable to change the coming disaster, no matter how prepared you might be.

R.J. from Arizona
R.J. from Arizona
2 years ago

Why is it that other major world seaports are automated and we are not? Unions?
This govt is a train wreck. We have watched the engines come off the rails and now are watching all the cars destroy all they touch.
Why isn’t this looney tune impeached!

David Spade
David Spade
2 years ago

This Marxist President does not take questions about how he is going to address these growing problems. He personally doesn’t have a clue, but those behind the curtain see what is happening. Those group of Socialists know it is all about control and lying to Americans. Nothing in this country has turned down so quickly than under this administration. This is absolutely horrible for the middle class and really for every American. The inflation will cause huge stress for many families, and O’Biden is offering no solutions.

Paul W
Paul W
2 years ago

You would have to try to devastate a country this badly in a mere 9 months. Oh wait…THEY ARE!

“Let’s Go Brandon!”

Luke
Luke
2 years ago

This is part of what happens when fraudulent elections are upheld. The taxpayers can no longer vote their way out of the biden/harris/pelosi/dnc nightmare.

jocko
jocko
2 years ago

IT’S ONLY GONNA GET WORSE WITH THE CANCEROUS, ANTI-AMERICAN, LYING, CHEATING, NAZIS IN OFFICE

Stevo
Stevo
2 years ago

Biden has given the “finger” to America & his oath of office , to do the NWO agenda goals of destroying America – ANY WAY POSSIBLE & proves that fact every day – A true enemy of America , like his muslim terrorist , communist mentor – obama .

Stephen Russell
Stephen Russell
2 years ago

LA CA Ports:
Have 100+ ships moored, 3 days to unload 1 ship
Union drivers unload containers
Trucks must be 2011 + models to Unload
Just now planning 24/7 Ops
24/7 plan announced this month vs 6 mos ago

Sally Duncan
Sally Duncan
2 years ago

Biden IS responsible for the inflation (by printing more and more dollars) AND the supply chain shortages (by paying people to stay home). I don’t expect him to admit it nor do anything about it. His motive is just like Obama’s was; to ruin America and bring her to her knees. Biden’s administration is simply a continuance of Obama’s. We have to, as a country, come together and fight the marxism in our country or we are surely doomed!!

Juanita
Juanita
2 years ago

Such insensitive administration we have
they are not capable or empathetic to be in charge of América
If we don’t go and vote them out of office
They are pushing us at a very fast rate to socialism
Because the administration have a Marxist agenda
Why can people not believe it ? The proof is in the pudding ——Berny Sanders —-that is your pudding

PIDL
PIDL
2 years ago

For a while, there were shortages on bread at our local super store. Now, there are shortages on candy and generic items, like potato chips. It is really hard to understand these shortages. There are tons of brand name potato chips. They recently increased the generic tortilla chips 50%. What kind of thinking would do this? This is all to hurt the lower classes of the food chain and convince them the socialist way will make life better!

PaulE
PaulE
2 years ago

Well most of us are old enough to remember the high inflation, economically weak years of the Carter administration. That was decades before we out-sourced nearly all our manufacturing capability of nearly everything to China, Southeast Asia and Mexico. It was also long before all companies adopted the “just in time” model of inventory management. When we still had warehouses all across the country filled with weeks or even months worth of inventory just sitting on the shelves, to make-up for any spot short-falls in regional availability.

Now fast forward to today. We have an even worse incompetent Democrat President in office, pushing an agenda that is w-a-y farther left than anything the peanut farmer was proposing during his administration. The people controlling the Biden administration would like nothing more than to introduce the Soviet Union staple of long bread lines to the United States as a permanent fixture. That is in addition to European style gasoline prices, thanks to their war on anything to do with fossil fuels in this country.

Today, we rely on imports from China and elsewhere for almost everything. Made in America is largely a fiction for most of what Americans rely on. Just in time inventory management did away with all those warehouses that used to be filled with billions of dollars of goods simply sitting on warehouse shelves waiting to be distributed across the United States. So any disruption to the orderly flow of goods from other countries has an out-sized impact on us here. Those Chinese container ships sitting off the coast of California showcase how completely dependent we have intentionally made ourselves to communist China.

So for those old enough to remember the Carter years, it is advisable to start doing exactly what you used to do back then to cope with the increasing level of inflation coming our way. Don’t just sit around wringing your hands and hoping for “someone else” to fix it all tomorrow. Be proactive!

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