America is experiencing extended shortages of goods without recent precedent. The global transportation system is heavily congested, with dozens of ocean freighters waiting off California to dock. Is America’s economy beginning to emulate the former Soviet Union?
Consumer spending quickly recovered from a sharp decline from the Covid-19 pandemic. More significantly, the pandemic and the policy responses changed buying plans. Consumers shifted from dining out and entertainment to purchasing goods. Stay-at-home orders led to a demand for building supplies for DIY projects while remote schooling led to huge purchases of Chromebooks. Covid stimulus checks encouraged additional purchases.
Every economy features capacity constraints. Setting up new factories takes time; we can only ramp up production of lumber or computer chips modestly in the short run. The changes in the composition of consumer demand consequently created challenges. The labor shortages resulting from four million fewer workers have slowed efforts to expand production.
Global supply chains employ ships, planes, trucks, and trains to move parts and products around the globe. Just-in-time production involves not holding large inventories of parts and materials, requiring reliable transportation. But capacity constraints also exist in transportation. And the goods consumers wanted purchase are either imported or assembled using imported components. Demand for transportation has increased.
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Several disruptions of global shipping have compounded the strain on the system. In March, the Ever Given ran aground and blocked the Suez Canal for six days. Two of China’s leading ports have closed due to Covid-19 outbreaks among dock workers.
Port congestion will spread across the rest of the system. Containers on ships waiting off Los Angeles, for instance, cannot transport other loads. And containers to be loaded on the ships waiting off the coast clog ports and warehouses.
We consequently have seen substantial increases in transportation prices, like a doubling of the cost of shipping a standard container, and equipment, like shipping containers and truck chassis. These price increases are a feature of markets, not a flaw. High prices help bring all used shipping containers into service. High shipping costs make customers think carefully about whether they can wait.
Despite the “broken” characterizations, U.S. ports are projected to set all-time cargo handling records this year. Supply chains are struggling to meet increased demand, not failing to deliver what we normally buy.
Our elected officials imagine that they can solve all our problems. Unsurprisingly President Biden appointed a “port czar” in August and has said, “If the private sector doesn’t step up, we’re going to call them out and ask them to act.” Many experts suggest we need someone, presumably government, in charge. An authority quoted in the Washington Post said, “It’s like an orchestra with lots of first violins and no conductor. … No one’s really in charge.”
Yet government control over supply chains would help make shortages permanent. Supply chains are too complex for anyone, including the managers of companies like Apple and Nike, to understand. Companies use suppliers and do not know all their suppliers’ logistics. The resulting economy is so interconnected that the lumber shortage has worsened transportation problems. How? As American Institute for Economic Research economist Peter Earle explains, shipping containers require wooden pallets.
Beyond this, as economist Friedrich Hayek observed, production remains steady only because businesses daily make hundreds of small and large adjustments. Businesses have responded to transportation bottlenecks. Home Depot and Walmart, for instance, are chartering cargo ships and sending them to ports with shorter delays.
Businesses adjust because they see the looming problems and potential solutions and have a profit incentive to do so. Unapproved changes, however, would disrupt government plans. A government supply chain czar would almost certainly require approval for adjustments. How long will shortages persist before bureaucrats decide to approve adjustments?
Firms across the globe are working tirelessly to supply Americans with the things we want. Supply chains are not broken and are delivering more goods than ever. Politicians can help the most by cheering on these efforts.
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
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- MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,
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