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Political involvement should be a requirement for citizenship

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Buttigieg schools Chuck Todd: Private sector made supply chain fiasco. Biden not waiting on market.

October 18, 2021 By Egberto Willies

Sorry, there was a YouTube error.

In his folksy manner, Secretary of Transportation Pete Buttigieg schooled Chuck Todd by putting supply chain discourse in the proper context.

Supply chain problem is a private sector fail

Watch Politics Done Right TV here.

Many on the right would like to blame the supply chain failure on the Biden administration. They please willfully ignorance of how a capitalist economy functions.

Pete Buttigieg did not allow Chuck Todd to go unanswered as he implied that the Biden administration had dropped the ball with supply chain problems. Buttigieg told the unfortunate truth. The private sector dropped the ball.

Most need to know the term JIT from now on. It is used to describe today’s inventory method by many corporations. It stands for Just-In-Time inventory. Inventory just sitting on a shelf make no profits. But it is an insurance policy against supply chain disruptions.

Corporations, in their ultimate wisdom and greed, decided to rid themselves of a right-sized inventory. And they are paying the price now. Unfortunately, it’s a cost we will all bear because they have pricing power.

Buttigieg pointed out several essential tenets.

  • Ports operations, trucking, and warehousing are all done by the private sector., Any failure in that system must be attributed to a private system that generally wants government out of their lives until they need it.
  • The turnover rate for truckers is 90%. Evidently the private sector is not paying them what they are worth.
  • The Biden administration is not waiting for the mythical market to respond. He will.

It is so important to repeat these truths over and over. One cannot allow the Right Wing machine to assign blame this administration.


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Filed Under: General Tagged With: Chuck Todd, Mythical Market, Pete Buttigieg, Supply Chain

About Egberto Willies

Egberto Willies is a political activist, author, political blogger, radio show host, business owner, software developer, web designer, and mechanical engineer in Kingwood, TX. He is an ardent Liberal that believes tolerance is essential. His favorite phrase is “political involvement should be a requirement for citizenship”. Willies is currently a contributing editor to DailyKos, OpEdNews, and several other Progressive sites. He was a frequent contributor to HuffPost Live. He won the 2nd CNN iReport Spirit Award and was the Pundit of the Week.

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