• About
  • Privacy & Policy
  • Contact Us
Procurement Nation
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Contact Us
No Result
View All Result
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Contact Us
No Result
View All Result
Procurement Nation
No Result
View All Result

Welcoming immigrants would cool off inflation, US Chamber of Commerce CEO says

Mark White by Mark White
January 11, 2022
in Supply Chain
0


“We need more workers. We should welcome people who want to come here, go to school and stay,” Chamber of Commerce CEO Suzanne Clark told reporters during a press conference on Tuesday. “That is a place the government could be particularly helpful and we do believe it would be anti-inflationary.”

Clark added that ramping up immigration would help to ease the supply chain disruptions that are at the heart of the inflation spike, including the shortage of truck drivers.

“If we can alleviate the worker shortage, it might be the fastest thing to do to impact inflation,” Clark said.

Clark also promised on Tuesday to fight back against what the business group views as antitrust overreach from politicians and regulators.

“We do still have leaders who think the government needs to step in and impose a heavy hand,” Clark told reporters during a virtual press conference.

Clark cited “modern day trustbusters on Capitol Hill from both parties who label all big as bad” as well as the Federal Trade Commission taking “such an aggressive stance” against mergers and acquisitions that it causes fear among small and medium-sized businesses who hope to eventually sell their firms.

“If bureaucrats and elected officials don’t stop getting in the way, we will stop them,” Clark said.

Neil Bradley, the Chamber’s chief policy officer, pushed back on efforts from the White House to pin some of the blame for high inflation on market concentration.

“Every time a problem comes up in the economy, whether it’s inflation or supply chain bottlenecks, some in the administration are suggesting that ‘Ah, the culprit must be this solution that’s our preexisting agenda,'” Bradley said.
The Biden administration recently announced an action plan aimed at addressing soaring meat prices by encouraging more competition in the industry and ramping up regulation and enforcement of potential market abuses.

“We didn’t have a sudden surge in concentration in our supply chains that somehow produced the bottlenecks,” Bradley said. “When the administration goes to concentration or antitrust or the FTC as the solution, they’re really missing the larger issues that they need to be working on.”



Source link

Previous Post

Keurig, Dyson and Kate Spade: Best online sales right now

Next Post

Americans are starting to rely more on plastic for their spending needs

Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

Next Post
Americans are starting to rely more on plastic for their spending needs

Americans are starting to rely more on plastic for their spending needs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About
  • Privacy & Policy
  • Contact Us
Call us: +1 234 JEG THEME

© 2021 Procurement Nation - Supply Chain & Logistics News

No Result
View All Result
  • Procurement
  • Supply Chain
  • Logistics
  • Science
  • Technology

© 2021 Procurement Nation - Supply Chain & Logistics News