Bloomberg ran an opinion piece this week running cover for the corrupt and incompetent Biden Regime’s supply chain crisis.
“Suddenly, Americans can’t spend like they used to. Store shelves are emptying, and it can take months to find a car, refrigerator or sofa.” Bloomberg said.
“If this continues, we may need to — gasp! — live more like the Europeans. That actually might not be a bad thing.”
Suddenly, Americans can’t spend like they used to. Store shelves are emptying, and it can take months to find a car, refrigerator or sofa.
If this continues, we may need to — gasp! — live more like the Europeans. That actually might not be a bad thing https://t.co/mfT9ZI9sgz pic.twitter.com/Mormyd8dxj
— Bloomberg Opinion (@bopinion) November 13, 2021
“It’s become the conventional wisdom that the U.S. economy is built on Americans’ endless appetite to buy lots and lots of stuff. Household consumption makes up about 67% of GDP. When the economy falters, we’re told spending is our patriotic duty. But suddenly, Americans can’t spend like they used to. Store shelves are emptying, and it can take months to find a car, refrigerator or sofa. If this continues, we may need to learn to do without — and, horrors, live more like the Europeans. That actually might not be a bad thing, because the U.S. economy could be healthier if it were less reliant on consumption.” Bloomberg opinion writer Allison Schrager wrote.
Nearly 160 cargo ships are currently anchored off the coast of Southern California waiting for workers to unload and ship inventory.
The Biden Regime’s answer to a supply chain crisis is to reduce the workforce by imposing unconstitutional vaccine mandates.
The Biden White House has also resorted to blaming Americans for the supply chain crisis.
Psaki said Americans purchasing too many goods online is the “root cause” of the supply chain crisis thanks to a labor shortage created by Joe Biden.
The message from the Biden-Regime-media-complex is clear: Lower your expectations and settle for mediocrity.