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Debit Limit Fight Kicked to December and America’s Broken Supply Chain
FromThe Daily Dive
ratings:
Length:
20 minutes
Released:
Oct 11, 2021
Format:
Podcast episode
Description
The debt limit has been extended and kicked down the road to December. So get ready for more fighting very soon. Mitch McConnell says that Republicans won't vote to extend it again putting all the pressure on Democrats to pass it through reconciliation. Republicans are hoping to use the rising debt as an issue during the midterms. Ginger Gibson, deputy Washington digital editor at NBC News, joins us for the ongoing fight, how the Build Back Better plan will be slimmed down, and thousands of U.S. service members have yet to be fully vaccinated despite upcoming deadlines.
Next, America's supply chain is broken and there is no better example than looking at all of the ships sitting off the coast of California. The pandemic caused a major shift in consumer spending and it triggered a huge influx of imports and it's all bottlenecked due to lack of coordination and worker shortages. Ships are at ports waiting to be unloaded, not enough workers there can offload containers in a timely manner, and a shortage of truck drivers is delaying shipments to the rest of the country. This all results in price hikes for everyone and possible shortages for holiday shopping. David Lynch, global economics correspondent at The Washington Post, joins us for the broken supply chain.
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Next, America's supply chain is broken and there is no better example than looking at all of the ships sitting off the coast of California. The pandemic caused a major shift in consumer spending and it triggered a huge influx of imports and it's all bottlenecked due to lack of coordination and worker shortages. Ships are at ports waiting to be unloaded, not enough workers there can offload containers in a timely manner, and a shortage of truck drivers is delaying shipments to the rest of the country. This all results in price hikes for everyone and possible shortages for holiday shopping. David Lynch, global economics correspondent at The Washington Post, joins us for the broken supply chain.
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
See omnystudio.com/listener for privacy information.
Released:
Oct 11, 2021
Format:
Podcast episode
Titles in the series (100)
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