“We’re Not Going Back!”—It turns out we can keep ‘Bidenomics’ after all.
One of the campaign slogans for the Kamala Harris campaign has been “We are NOT going back!”
Yet, as of midnight Tuesday morning it looks like we are going back to supply chain issues and high inflation, which many refer to as “Bidenomics.”
Just as the Federal Reserve has begun to control inflation, the International Longshoremen’s Association (ILA) will go on strike overnight on Tuesday.
A lengthy strike, just before the presidential election, is likely to bring back supply chain issues and inflation, according to the Associated Press.
U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with a threatened strike.
A lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season — along with a tight presidential election — approaches.
So, it turns out that, for those that like “Bidenomics,” we are going back to Bidenomics.
Leave a Reply