Jen Psaki, secretary White House press, said Wednesday that President Biden and his administration ‘saved Christmas’ as supply chain problems continue and inflation soars. Psaki said that as the New York Times noted today, Christmas gifts are arriving on time this year. They also added that the good news is that we are saved for Christmas, and that is because President Biden recognized this challenge early.
In working to address the shipping issues, Psaki said Biden acted as an honest broker to bring key stakeholders together and focus on addressing practical problems across the global supply chain. The Biden administration released a “fact sheet” Wednesday ahead of the meeting that touted what it called the most substantial economic growth of any president in his first year in a half-century, outlining the aggressive action to lower the price of goods and gasoline for Americans.
The sheet claimed the administration is moving record amounts of goods to keep shelves stocked” in an attempt to meet “record demand. Some experts believe the crunch at the nation’s ports, which consisted of a backup of a record 157 ships in the Los Angeles area alone in October, could last until mid-2022. The consumer price index rose 6.8% in November from a year ago released Friday, marking the highest increase since June 1982, when inflation hit 7.1%.