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Stock impact report

Building Back Better Supply Chains [Forbes]

GlobalFoundries Inc. (GFS) 
Company Research Source: Forbes
Covid-19 brought the term “supply chains” into everyday vocabulary. Before Covid, everyone took supply chains’ strength for granted. They believed that goods would be produced and transported to grocery store shelves. Now, with the proposed Build Back Better Act, supply chains may be taking another hit. What can America do to protect itself?Everyone has seen “Drivers Wanted” signs on trucks, seen “Help Wanted” notices in restaurants and stores, and read about the” Great Resignation,” which has Americans quitting their jobs in record numbers. Over 4 million quit in September, and over 10 million jobs are unfilled,according to the Bureau of Labor Statistics (BLS)The Build Back Better Act, which passed the House of Representatives and is under consideration in the Senate, has provisions that would reduce incentives to work and to invest. The bill would result in 9 million fewer Americans working over the next decade, according toUniversity of Chicago professor Casey MulliganMulligan calc Show less Read more
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