Washington – The US Secretary of Transportation, Pete Buttigieg, acknowledged on Sunday that problems in the country’s supply chain will continue into next year, and urged the passage of an infrastructure bill to reduce the impact of these disruptions.
“Many of the challenges we faced this year are sure to continue into the year ahead. Buttigieg said during an interview with CNN that there are short- and long-term steps we can take to do something about it.
Since restrictions on movement and economic activity began to be eased due to the COVID-19 pandemic in most parts of the world, the demand for goods and services has experienced sudden growth that manufacturers and carriers have been unable to cope with. Create a bottleneck.
One of the best examples of this situation is the US ports of Los Angeles and Long Beach, the country’s two largest ports facing avalanche, with long lines of huge cargo ships anchored in front of the docks. . To be able to dock and unload your cargo, a task that can take up to twelve days.
Buttigieg stressed that part of what’s happening isn’t just about supplies, but about demand that “goes through the roof.”
“This is another example of why the Infrastructure Act should be passed. The President’s plan has $17 billion for ports alone, and we have to deal with the long-term issues that have left us vulnerable to these kinds of traffic jams when demand fluctuates,” Buttigieg added.
The infrastructure plan, worth $1.2 trillion, was approved in the Senate weeks ago with the support of both parties, but is still pending in the House of Representatives, which wants to vote on the issue on October 31.
This project to rebuild roads and bridges and improve other infrastructure in the country is one of the pillars of the president’s economic agenda. Joe Biden; The other, pending Senate approval, seeks to expand social programs, combat the climate crisis, and raise taxes on large corporations and the wealthy.
This week, the International Monetary Fund (IMF) cut its forecast for global growth this year to 5.9%, ten times lower than it was three months ago, in part due to problems with global supply chains.
The fund also cut the estimated growth for this year in the United States by one percentage point, which would be 6%, as a result of “a moderation in consumption in the third quarter of the year and changes in the supply chain.”
Last Wednesday, Biden said Wednesday that he hopes to fix the current congestion in the national supply chain by keeping the nation’s most important ports open at all times, Monday through Sunday.