4.5 • 24.9K Ratings
🗓️ 13 October 2021
⏱️ 14 minutes
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0:00.0 | Hey there, it's the NPR Politics Podcast. |
0:05.1 | I'm a smahalo that I cover the White House. |
0:07.6 | And today on the show, we're going to talk about supply chains, which I know just saying |
0:11.4 | that sounds a little bit wonky. |
0:13.6 | So to help us make sense of it all, we have invited Scott Horsley and PR's Chief Economics |
0:19.3 | correspondent on to explain it all to us. |
0:22.0 | Hey there, Scott. |
0:23.0 | Hey, love talking about supply chains. |
0:25.6 | So Scott, let's start with a pretty basic question here, which is, you know, what is |
0:30.8 | a supply chain? |
0:31.8 | I think, you know, some folks hearing that phrase may kind of gloss over it. |
0:36.3 | It's a kind of a wonky term in itself. |
0:38.0 | Sure. |
0:39.0 | Well, at one end of the supply chain, you have a consumer who wants something, a box |
0:43.3 | of cereal, a stereo, a new car, whatever it might be. |
0:47.2 | And the supply chain is all the people along the way that are involved in getting that |
0:52.7 | product to the consumer, you know, whether it's the farmer that grows the wheat for the |
0:57.1 | wheaties or the auto company that builds the car and all the suppliers that go into that |
1:03.2 | and the steel workers and all the component makers and that sort of thing. |
1:07.1 | And generally speaking, it's a nice chain where when you pull on one end, all the different |
1:12.3 | pieces come right along and it works very efficiently to deliver an enormous amount of goods |
1:17.7 | to people at low prices. |
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