Some economists expect the pandemic to speed up a shift away from global supply chains in the U.S. and elsewhere.
Up side down argument. Inflation didn’t create bottleneck, but excessive import dependency did. COVID-19/fear of it created labor shortage - arguing ppl prefer $300/week stimulus to $300/day working is simply idiotic. If globalization is mercantilism - stay the hell away. NoMore
Something else America can thank Donald Trump for.
Notice the Chamber of Commerce’s solution to “de-globalization” is to increase immigration. CEOs would rather import more cheap labor than support American workers.
second biggest polluter on the planet🇺🇲 CO2 cancer
People wanted America First but when they couldn’t get their Chinese made junk fast enough, they threw a temper tantrum. Then they cried when they had to pay prices for things that weren’t made by slaves.
How about just bad domestic economic policies?
A shift away from globalisation is a good sign. Stop supporting China.
Really, It is a US shift away from China !
What about the huge increase in the monetary base since covid
No one is forcing corporations to raise prices their just being greedy because capitalism sucks
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