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Ex-Walmart CEO: How Biden supply chain is a ‘mess from start to finish’

bodecea

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Former Walmart president and CEO Bill Simon ripped the supply chain under President Joe Biden on Friday, calling it a "mess from start to finish."


"I've never seen it like this, and I don't really think anybody living in this country has," Simon told FOX Business’ Dagen McDowell. "I mean, this is really unprecedented."

Simon joined "Mornings with Maria" to react to Americans’ widespread criticism of Biden’s response to shipping challenges and rising consumer prices. The hashtag #EmptyShelvesJoe held its own as a top trend on Twitter Thursday evening.

"There's a shortage of labor in our distribution system and there's a shortage of people to put [items] on the shelf," Simon explained.

BIDEN RESPONDS TO SUPPLY CHAIN CRISIS, URGES PRIVATE SECTOR TO ‘STEP UP’

He suggested that Biden’s first step to overcoming supply chain disruptions is to address the ongoing worker shortage.

"I don't think this gets solved until we alleviate the labor shortage that's out there and get people driving trucks and unloading at the docks and stocking shelves," Simon said.

With shipping and inventory backlogs expected to carry into the holiday season, Simon believes giant retail stores will survive while small businesses could struggle to keep shelves stocked.


"Smaller retailers just can’t get the product," he said. "They're just going to be left with nothing. It's going to be difficult for them."

House Republicans penned a letter to the Biden administration Thursday asking to evaluate solutions for the "ongoing supply chain crisis," noting disruptions would continue into 2022.

Simon said he expects the current administration to pump more money into the economy.

"The funding isn't stopping from the government," Simon said. "We just saw the largest Social Security increase in 30 years... There's still this funnel of funds coming through," which builds more consumer demand.

And until that ends, Simon believes the U.S. will continue to face a labor shortage and, consequently, supply chain issues.

"They're making the well-thought calculus that it's better for them to stay out of the [job] market right now than it is to get in," he said.


No surprise here, paying people to sit at home in a huge job market is asinine. FDR forced many small businesses out with his NRA legislation and SCOTUS stopped it, we need SCOTUS again to corral the ignorant motherfucker we have now- OG
Just think of how much better it would be if most suppy to places like WalMart was coming from American manufacturers rather than China.
 

TNHarley

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corporatist - a person who advocates for the control of a state or organization by large interest groups.

Would this not be beneficial to large corporations?
Without interference in the market, how would a system become corporatist?
 

Golfing Gator

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Without interference in the market, how would a system become corporatist?

Corporatism is market interference with the state, not the other way around
 

TNHarley

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Corporatism is market interference with the state, not the other way around
How can a "capitalist" system turn corporatist?
It takes interference in the market, which is the antithesis to "capitalism", correct?
So how can corporatism be a natural evolution of capitalism?
 

Golfing Gator

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How can a "capitalist" system turn corporatist?
It takes interference in the market, which is the antithesis to "capitalism", correct?
So how can corporatism be a natural evolution of capitalism?

Corporatism is the market interfering with the state, not the other way around. Capitalism led to Google and Amazon, both of which now use their fortunes to interfere with the government.
 

TNHarley

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Corporatism is the market interfering with the state, not the other way around. Capitalism led to Google and Amazon, both of which now use their fortunes to interfere with the government.
Im not following.
I dont see how the market is to blame for the govt picking and choosing winners and losers.
 

Golfing Gator

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Im not following.
I dont see how the market is to blame for the govt picking and choosing winners and losers.

I think your confusion lies in your misunderstand of what corporatism is.
 

TNHarley

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I think your confusion lies in your misunderstand of what corporatism is.
I seem to have confused corporatism with corporatocracy.
I think thats where my confusion lies lol
 

Golfing Gator

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I seem to have confused corporatism with corporatocracy.
I think thats where my confusion lies lol

maybe I am wrong, I always thought of corporatism as corporates controlling the government and not the other way around.
 

TNHarley

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maybe I am wrong, I always thought of corporatism as corporates controlling the government and not the other way around.
No you are right.
Thanks for that.
 

Donald H

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Former Walmart president and CEO Bill Simon ripped the supply chain under President Joe Biden on Friday, calling it a "mess from start to finish."
Walmart was created as the retail marketplace for goods made in China by US corporations and smaller companies.

Anything Biden does that subtracts from the Walmart agenda has to be of some value to the interests of the American people!
 

Donald H

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Just think of how much better it would be if most suppy to places like WalMart was coming from American manufacturers rather than China.
First try to determine just how much that's marketed in Walmart is produced by American companies in China. In the beginning it was everything,

Later under Xi's leadership China took measures to produce for their own domestic markets and they must have started up Chinese companies for the purpose of supplying the American market too. Could that have been included in the original deal US corporations made with China? We certainly know that China offered to allow US labour in China but that was refused for obvious reasons.

If you aren't aware of the details then there's little reason to complain.
 

Donald H

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Corporatism is the market interfering with the state, not the other way around. Capitalism led to Google and Amazon, both of which now use their fortunes to interfere with the government.
Do you realize that you are nearly dead on for the definition of fascism.
When capitalists run the government!
 
OP
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Walmart was created as the retail marketplace for goods made in China by US corporations and smaller companies.

Anything Biden does that subtracts from the Walmart agenda has to be of some value to the interests of the American people!
Let us know when he has done something, we are still waiting for an original thought out of this imbecile.
 

Donald H

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Let us know when he has done something, we are still waiting for an original thought out of this imbecile.
Specifically, Simon objects:
"The funding isn't stopping from the government," Simon said. "We just saw the largest Social Security increase in 30 years... There's still this funnel of funds coming through," which builds more consumer demand.

And until that ends, Simon believes the U.S. will continue to face a labor shortage and, consequently, supply chain issues.

Clearly Simon objects to what Biden has done.
Something original for America is social reform for the benefit of the ordinary people who have been left behind.

Simon's agenda just might be more of Walmart's agenda of creating more foreign enterprise to supply the American marketplace.
 

Osiris-ODS

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What did trump do about the crisis ? Nothing. At least Biden has implemented plans to deal with it.

So now you moonbats want to criticize Trump for a crisis that didn't even exist when he was president? Hahahaha you are so f-ing predictable.

Seek professional help
 
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OP
Ordinary Guy

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Specifically, Simon objects:


Clearly Simon objects to what Biden has done.
Something original for America is social reform for the benefit of the ordinary people who have been left behind.

Simon's agenda just might be more of Walmart's agenda of creating more foreign enterprise to supply the American marketplace.
You must be your worst enemy if u felt left behind
 

colfax_m

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So now you moonbats want to criticize Trump for a crisis that didn't even exist when he was president? Hahahaha you are so f-ing predictable.

Seek professional help

Good point. Trump’s economy was garbage and therefore he didn’t have a problem of too high demand.
 

Independentthinker

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Former Walmart president and CEO Bill Simon ripped the supply chain under President Joe Biden on Friday, calling it a "mess from start to finish."


"I've never seen it like this, and I don't really think anybody living in this country has," Simon told FOX Business’ Dagen McDowell. "I mean, this is really unprecedented."

Simon joined "Mornings with Maria" to react to Americans’ widespread criticism of Biden’s response to shipping challenges and rising consumer prices. The hashtag #EmptyShelvesJoe held its own as a top trend on Twitter Thursday evening.

"There's a shortage of labor in our distribution system and there's a shortage of people to put [items] on the shelf," Simon explained.

BIDEN RESPONDS TO SUPPLY CHAIN CRISIS, URGES PRIVATE SECTOR TO ‘STEP UP’

He suggested that Biden’s first step to overcoming supply chain disruptions is to address the ongoing worker shortage.

"I don't think this gets solved until we alleviate the labor shortage that's out there and get people driving trucks and unloading at the docks and stocking shelves," Simon said.

With shipping and inventory backlogs expected to carry into the holiday season, Simon believes giant retail stores will survive while small businesses could struggle to keep shelves stocked.


"Smaller retailers just can’t get the product," he said. "They're just going to be left with nothing. It's going to be difficult for them."

House Republicans penned a letter to the Biden administration Thursday asking to evaluate solutions for the "ongoing supply chain crisis," noting disruptions would continue into 2022.

Simon said he expects the current administration to pump more money into the economy.

"The funding isn't stopping from the government," Simon said. "We just saw the largest Social Security increase in 30 years... There's still this funnel of funds coming through," which builds more consumer demand.

And until that ends, Simon believes the U.S. will continue to face a labor shortage and, consequently, supply chain issues.

"They're making the well-thought calculus that it's better for them to stay out of the [job] market right now than it is to get in," he said.


No surprise here, paying people to sit at home in a huge job market is asinine. FDR forced many small businesses out with his NRA legislation and SCOTUS stopped it, we need SCOTUS again to corral the ignorant motherfucker we have now- OG
Typical lefty bullshit. Cause the problem and then blame the results on the businesses.
 

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