Biden policies ‘dramatically’ impacted supply chain crisis, inflation: Fmr. McDonald’s USA CEO


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Ed Rainsi argues supply chain crisis is ‘exacerbated’ by Biden’s policies

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Former McDonald’s USA CEO Ed Rainsy told Granthshala Business’s “Morning with Maria” on Friday that Biden’s policies are affecting supply chain crises and inflation “dramatically.”

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ED Review: I first experienced it during the 70’s, 80’s, when we had inflation rate where fuel prices [were] going up like crazy. Transportation was limited. Distribution was limited. We had to raise the prices. We had to address our opening and closing schedule at the restaurant revamped on the menu, and we’re going through that again.

This has clearly been exacerbated by COVID. But it has also been dramatically affected by policy changes that President Biden made even before the inauguration. When he said he was going to stop oil, shut down pipelines, move away from fossil fuels.

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Watch the full interview below:

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