Biden On Supply Chain Issues: "If The Private Sector Doesn't Step Up, We're Going To Call Them Out" | Video | RealClearPolitics

Biden On Supply Chain Issues: "If The Private Sector Doesn't Step Up, We're Going To Call Them Out"

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President Joe Biden admonished the private sector at a press conference on Wednesday and accused them of not stepping up to alleviate supply chain issues.

"Strengthening our supply chains will continue to be my team’s focus," Biden said. "If federal support is needed, I will direct all appropriate action. And if the private sector doesn’t step up, we’re going to call them out and ask them to act. Because our goal is not only to get through this immediate bottleneck, but to address the longstanding weaknesses in our transportation supply chain that this pandemic has exposed."


PRESIDENT BIDEN: I want to be clear: This is across-the-board commitment to going to 24/7. This is a big first step in speeding up the movement of materials and goods through our supply chain. But now we need the rest of the private sector chain to step up as well.

This is not called a “supply chain” for nothing. This means the terminal operators, railways, trucking companies, shippers, and other retailers as well.

Strengthening our supply chains will continue to be my team’s focus. If federal support is needed, I will direct all appropriate action. And if the private sector doesn’t step up, we’re going to call them out and ask them to act. Because our goal is not only to get through this immediate bottleneck, but to address the longstanding weaknesses in our transportation supply chain that this pandemic has exposed.

I might add, parenthetically: One of the reasons why I think it’s very important that we get the — the infrastructure plan passed — my infrastructure plan — and that’s the supply chain system is almost entirely in the hands of private business.

The world has changed. Prior to the crisis, we cheered, you know, the focus on lean, efficient supply chains, leaving no buffer or margin for error when it comes to certain parts arriving just in time it’s needed to make a final product.

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