Supply Chain Trouble and the Federal Policies That Make It Worse
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 15 November 2021
⏱️ 10 minutes
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Transcript
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| 0:00.0 | This is the Cato Daily Podcast for Monday, November 15th, 2021. |
| 0:06.6 | I'm Caleb Brown. |
| 0:07.6 | Supply chain disruptions have many causes. |
| 0:10.0 | The solutions are similarly manifolds. |
| 0:12.1 | Cato's Colin Greybow details how a failure to automate ports, |
| 0:15.3 | bad waterborne commerce policies, and other rules within federal control |
| 0:21.4 | have contributed to the slow and expensive movement of goods. |
| 0:25.0 | You ordered a couch a while ago. |
| 0:26.8 | When did you order this couch? |
| 0:28.9 | I heard this couch in September. |
| 0:31.7 | September. |
| 0:32.4 | Here we are in November talking and when do you expect your |
| 0:35.9 | couch to arrive? April. Hopefully, but I also recently ordered some beds that were |
| 0:42.1 | supposed to arrive last month and they still have yet to arrive. |
| 0:45.2 | So who knows? I think April is the best case scenario. |
| 0:48.0 | Okay, so whose fault is that? I mean if you had to nail down the either the systems or the |
| 0:55.3 | viruses or the policies or the public officials in office or recently in office who's to blame? |
| 1:05.0 | I think there's a lot of blame to go around. |
| 1:08.0 | I think that Americans have suffered through the COVID pandemic lockdown and allowed them took that opportunity to take money that otherwise would have gone for things like dining out and they decided to upgrade their home environments. |
| 1:24.4 | A lot of people also decide to upgrade to larger homes and |
| 1:28.0 | decided to furnish those homes. |
| 1:30.2 | And so we have this spike in demand. At same time we face bottlenecks both overseas where a lot of these goods are being produced. |
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