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Tag: "global supply chain"

Monday Memo: “America is Running Out of Everything”

| October 11, 2021

By Holland Cooke
Consultant

 

BLOCK ISLAND, RI — Dealers want to buy your car. Paper towels and toilet paper are getting scarce again. Need to replace the dishwasher you KO’d during the shutdown? Lotsa luck. In The Atlantic, Derek Thompson asks: “Is it just me, or does it feel like America is running out of everything?”

“The global supply chain is slowing down at the very moment when Americans are demanding that it go into overdrive.” The pandemic triggered a buying spree, fueled by government relief checks. Too few workers were – and are — working to replenish inventories. COVID has thinned the employee herd — 2021 year-to-date deaths exceed whole-year 2020 numbers in 19 states – and many of those who can work are picky, or wary.

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