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President Biden Announces New Actions to Strengthen America’s Supply Chains, Lower Costs for Families, and Secure Key Sectors
White House ^ | 11/27/24\3

Posted on 12/02/2023 2:02:28 AM PST by EBH

As part of his Bidenomics agenda to lower costs for American families, President Biden is announcing nearly 30 new actions to strengthen supply chains critical to America’s economic and national security. These actions will help Americans get the products they need when they need them, enable reliable deliveries for businesses, strengthen our agriculture and food systems, and support good-paying, union jobs here at home. President Biden will announce these actions alongside members of his Cabinet and other senior Administration officials at the inaugural meeting of the new White House Council on Supply Chain Resilience. The Council, which President Biden is establishing today, will support the enduring resilience of America’s critical supply chains.

Robust supply chains are fundamental to a strong economy. When supply chains smooth, prices fall for goods, food, and equipment, putting more money in the pockets of American families, workers, farmers, and entrepreneurs. That is why President Biden made supply chain resilience a priority from Day One of his Administration—including by signing an Executive Order on America’s Supply Chains and establishing a Supply Chain Disruptions Task Force that worked with states, Tribes, local governments, businesses, family farms, labor, and allies and partners to address the acute supply chain crises caused by the pandemic. Since then, the Administration has made historic investments to strengthen supply chains and prevent future disruptions by expanding production capacity in key sectors and building infrastructure through the CHIPS and Science Act, the Inflation Reduction Act, and the Bipartisan Infrastructure Law.

These efforts helped unsnarl supply chains, re-normalize the flow of goods, and lower inflation. From October 2021 to October 2023, supply chain pressures as measured by the New York Fed declined from near-record highs to a record low, helping lower inflation, which has fallen by 65% from its peak.

(Excerpt) Read more at whitehouse.gov ...


TOPICS: Business/Economy; China; Extended News; Government
KEYWORDS: bureaucracy; centralplanning; climate; commandeconomy; despotism; economy; regulation; supply; supplychain; tyranny
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To: All

Hmmmm.....I think I understand.....the compassionate Biden
said recently “he wants to help millionaires afford senior care.”


41 posted on 12/02/2023 8:28:46 AM PST by Liz (Women have tremendous power — their femininity, because men can't do without it. Sidney Sheldon)
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To: EBH

Sounds as though there will be no savings overall or reductions of costs.


42 posted on 12/02/2023 8:30:41 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them.)
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To: Openurmind
This will put government in control of supply. What could go wrong?

Read the book Atlas Shrug. That will give you a good idea what will happen!

43 posted on 12/02/2023 8:36:51 AM PST by painter ( Isaiah: �Woe to those who call evil good and good evil,")
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To: cgbg

“The rule of opposites—whatever they say they are doing is the exact opposite of what they will be doing.”

Yep, Absolutely, it is now a protocol and practice set in stone. Anything they claim is good is bad. And anything they say is bad is good.


44 posted on 12/02/2023 9:08:47 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: painter

Read it. :)


45 posted on 12/02/2023 9:19:18 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: EBH

I read the platitudes but don’t find the specific acts which will produce a positive result. Sure looks like a government power grab.


46 posted on 12/02/2023 10:09:32 AM PST by Lion Den Dan ( )
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To: Lion Den Dan

Not to worry. Our Congress will prevent big government from harming us.


47 posted on 12/02/2023 10:17:42 AM PST by Wdempsey (Democrats and slinkys.. Both useless but fun to push down stairs.v v ely)
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To: Wdempsey

Not to worry. Our Congress will prevent big government from harming us..............

You think????


48 posted on 12/02/2023 11:24:43 AM PST by Lion Den Dan ( )
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To: Openurmind

YEP!


49 posted on 12/03/2023 11:39:16 AM PST by painter ( Isaiah: �Woe to those who call evil good and good evil,")
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