Supply Chain Update. “Our supply chain problems are a culmination of years of bad policy decisions by America’s elites.”

Another week, another roundup on the supply chain issues plaguing America and the world.

• The supply chain problem is one of the big reasons economic growth dropped to an anemic 2% in Q3. The Trump boom/post-Flu Manchu recovery has ended, and the Biden economy has kicked in.
• Here’s a pretty revealing thread about the Los Angeles/Long Beach Port problems:

1. Starting with the 24/7 gates. The terminal has not even discussed them with the crews. There is no plan in place to launch them.
2. For all of second shift they are seeing >50 trucks most nights. None are coming in after midnights. They have had nights with zero trucks… 2/

— Nathan Strang (@NavyStrang) October 20, 2021

A ship they would normally work with 4-6 cranes they have 2 on. Those still do 30+ containers an hour per crane.
5. They are loading empties out. That isn’t a restriction. But with only 2 cranes they run out of time and have to cut the ship loose. …4/

— Nathan Strang (@NavyStrang) October 20, 2021

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