Biden plans to use cold-war era law in attempt to lower US prices

The guardian ^ | 11/27/2023 | Edward Helmore

[ChicagoConservative27]

The White House has announced it plans to use a cold-war era law to ease supply chain issues that the administration argues are contributing to higher inflation – a key electoral challenge to Joe Biden’s re-election chances next year as polling consistently suggests voters are not buying his Bidenomics pitch.

In a statement, the White House said Biden will use the Defense Production Act to improve the domestic manufacturing of medicines deemed crucial for national security and will convene the first meeting of the president’s supply chain resilience council to announce other measures tied to the production and shipment of goods.

[virgil]

That’s probably what will happen. More shortages, more supply chain issues.

[Carriage Hill]

Here’s the article:

https://www.reuters.com/article/us-health-coronavirus-usa-ventilators/trump-invokes-defense-production-act-for-ventilator-manufacturing-idUSKBN21K39R/

[Pollard]

I’m hoping for some sort of stimulus check or income tax credit so I can use it to expand the garden. Tired of walking out of the grocery store with $100 worth in a few bags that I can carry with one hand. Fifteen years ago, $100 filled the cart.

[Sequoyah101]

Ventilators that were never uncreated and are now in land fills.

This pitch by plugs will do nothing good.

[ridesthemiles]

Last I heard-—52 different eye drop products have been pulled from shelves..

Contaminated....

ALL MADE IN INDIA-—lower costs

[SunkenCiv]

• Gifts Under the Tree, for Johnny, Suzie, and Chairman Xi [11/28/2023]
• New home prices plunge 18%, surpassing 2008 depths, while defaults reach 2013 highs. [11/28/2023]
• Musk speaks exclusively to CNBC after Tesla annual meeting (video-questioned about how his outspokenness hurts the stock) [11/28/2023]
• What Black Friday Shopping Looks Like in a Democrat-Run Hellhole [11/27/2023]
• Chinese Shadow Bank Announces Insolvency, Government Announces Investigation [11/27/2023]
• The Liquidity Crisis & The Planned Bailout & Plandemic [11/27/2023]
• "Scam incorporated": Target Black Friday deals with zero price changes exposed in a viral video sparks backlash online [11/27/2023]
• Warren Buffett's Berkshire Hathaway sold all of its GM stock [11/27/2023]

  ---

• Biden says prices 'too high,' asks sellers to lower them after 18% inflation [11/27/2023]
• Government's $4 Trillion Stimulus Sparks Inflation: Grocery Costs Surge 25%, Used Cars Jump 35%, Rents Soar 20% [11/27/2023]
• Joe Biden Brags About Airfare, Turkey, Gas After Prices Increased Under His Watch [11/27/2023]

  ---

• Family of Armed Store Robber [Now Dead] Is Angry the Clerk Was Armed [11/27/2023]
• Accused of burglarizing West Loop store, 12-time convicted burglar is released to await trial [11/27/2023]
• Newsom taps California Highway Patrol to fight organized retail theft [11/27/2023]

  ---

• The Case That Could Destroy the Government [11/28/2023]

[dennisw]

This is really effed up. But the sheeple will fall for this feel good rubbish. Along with their open borders, the Biden crew, that is masterminded by Obama, is screwing up America as fast as they can,