- WH press secretary Jen Psaki praised the administration’s efforts to reduce supply chain bottlenecks.
- “Good news, we saved Christmas,” Psaki said.
- “Packages are moving, gifts are being delivered, and the shelves aren’t empty,” Biden said.
White House press secretary Jen Psaki on Wednesday celebrated the Biden administration’s efforts to ease supply chain bottlenecks to ensure Christmas gifts arrive in time for the holidays. .
“Good news, we saved Christmas,” she told reporters at a press briefing. “And that’s because President Biden recognized this challenge early on, acted as an honest broker to bring key stakeholders together, and focused on solving practical problems along the delivery chain. global supply.”
The entanglement of the global supply chain has been one of the biggest problems in the US economic recovery over the past year. Port bottlenecks and shipping delays have prevented businesses from restocking goods as the reopening has fueled a spending boom. The crisis first showed up in inflation data, as the gap between limited supply and growing demand drove prices higher. As the country entered the festive period, fears that the mess could delay gift shipments intensified.
This issue is being resolved, PSAki said. Procrastinators won’t be able to blame the supply chain, after all.
Biden met with business and industry leaders earlier Wednesday and spoke about his administration’s work to address global supply chain issues that threatened to delay shipments and empty store shelves ahead of the holiday season.
“We’ve brought business leaders and unions together to solve problems and the long-awaited crisis hasn’t happened. Packages are flowing, gifts are being delivered and the shelves aren’t empty,” Biden said.
The Biden administration has taken several steps to address supply chain backlogs in recent months, including a plan to open major California ports 24 hours a day and have delivery companies such as that Walmart, FedEx and UPS are increasing their operations.
“The number of containers sitting on the docks at the Ports of Los Angeles and Long Beach for more than eight days has dropped by almost 50%. The average time containers stay on the docks has dropped by a week. The prices for shipping a container between Asia and the West Coast have fallen more than 25% since their peak in September,” Psaki said.
“People can go shopping for gifts even at this point if they haven’t shopped,” she encouraged.
PSAKI also pointed to a New York Times report released on Wednesday that described how supply chain fears were wrong, as most Christmas gifts arrived without delay, in part because Americans ordered from home. advance and bought in person.
“Take this Scrooge, the Grinch and anyone else who doubts this can happen. In addition, the shelves are stocked at 90% (pre-pandemic levels are 91%)”, Psaki tweetedas well as a link to the NYT story.
Admittedly, the crisis is far from averted. Around 100 container ships are still waiting to be unloaded off the California coast. Processing these shipments will take some time as blockages exist across the logistics industry, ranging from truck chassis to warehouse workers.
Raw material shortages can also aggravate bottlenecks for some products. Semiconductors, for example, remain in short supply, a trend that could delay shipments of new cars, appliances and electronics. The Omicron variant also threatens to hamper chip production in East Asia, Goldman Sachs analysts said in a recent note. This could widen the gap between supply and demand even further for many hot markets.
The work of healing the global supply chain is not nearly done. But for the Christmas weekend, Americans can rest easy knowing their presents will likely arrive on time — and they can go buy some if they still need them.