As The U.S. Economy Restarts From The Pandemic, Parts Of It Are Severely Broken
May 12, 2021
The U.S. economy is trying to restart its engine after tumbling into its deepest recession in generations, but a variety of supply chain constraints are threatening the country’s rebound. The country faces major shortages in everything from labor to semiconductors, lumber, and packaging materials. Not even swimming pools can be counted on this summer with the U.S. running low on chlorine. The scarcity left and right is not only preventing the economy from reaching its full potential, but it’s also raising fears of higher inflation as companies are forced to hike prices amid the low supply. Read more at CNBC.
