RE: How bad is our economy? (US)
March 14, 2022 at 11:45 pm
(This post was last modified: March 14, 2022 at 11:52 pm by The Grand Nudger.)
I recently read a piece that seems related to Neo's point. That there are certainly cases where the prices of things have gone up. That's contended to reflect the greater costs and lesser availability of a product or service - but, as far as the accounting is concerned, it's actually just down to producers and retailers seeing an opportunity to increase profits, buy backs, and dividends. And hey, lets not talk about those sweet sweet bonuses. That can make the economy seem terrible from some specific vantage point, but, ironically, it's the sort of stuff that boosts our economic numbers overall. There was a point where common 8 foot studs went from 8 to 16 bucks here - it was great for the Lowes.
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