The Harris/Biden Years | More Strikes and Supply Chain Disruptions

Time running out to avoid crippling US port strike

Snippet of Article: "... Time is running out to avoid a work stoppage at ports along the entire East and Gulf Coasts in what could become the most disruptive strike to the US economy in decades.

Members of the International Longshoremen’s Association are set to go on strike at 12:01 am ET Tuesday at three dozen facilities spread across 14 port authorities. There are few signs that a deal could be reached by the deadline ..."

Source: www.cnn.com

Supply Chain Disruptions, East Coast Port Strike (2024),

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While the Fed Works to Tamp inflation, The Biden Admin Stokes the Inflation Fire With Another $7.7 Billion in Student Debt Cancellation

Biden administration announces additional $7.7 billion in student debt relief

Snippet of Article: "... The Biden administration on Wednesday announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans in its ongoing efforts to relieve soaring college debt. ..."

Source: www.cnn.com

Root Causes of Inflation,Bidenomics, 2024, The Democrat Years,

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Shhh! Biden administration tells Americans: Don’t call it a bailout

Snippet of Article: "...Don’t call it a bailout — at least in the 2008 sense. That’s the message the Biden administration sent Sunday after it moved to guarantee all deposits at Silicon Valley Bank, as well as New York-based Signature Bank -- even those with accounts above the federally protected amount of $250,000. ...taxpayers aren’t financing this move, at least not directly. “Instead, the cost of covering the deposits, including uninsured amounts in excess of the FDIC’s $250,000 limit, will be paid for in part out of the agency’s Deposit Insurance Fund — a reserve that is paid for by a quarterly fee on banks,” Wile writes."

Source: www.nbcnews.com

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