First, when supply cannot be increased quickly, it makes sense to curb demand — in this case, to try to entice consumers to shift their spending from goods back to services. To achieve this goal, the Biden administration should push faster and harder with vaccination mandates. Safety is a must to get Americans back traveling, dining out and returning to movies, shows, concerts and the gym. Once the vaccinated population reaches a critical threshold, the government can partner with service providers to provide incentives to get Americans out of these houses and back enjoying new and improved services again.

