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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yard_man who wrote (4426)4/15/2004 2:56:42 PM
From: mishedlo  Read Replies (2) of 116555
 
205.232.90.194

On a more personal level, ... last week my washing machine finally quit. It was so old that the lousy timer to fix it was $61 freaking dollars. ... so we bought a new one. It cost $320, tax, tag and title. But, and this is the part that kills me, the delivery charge would have been $70!

My mind reels! People can mine, ship and smelt ore, collect, ship and refine other materials, produce metal and plastic parts, assemble it into a heavy machine, pack it up, ship it across country, keep it in inventory, sell it to me, pay sales taxes of 7%, and all for $320. But to go that last three miles would cost almost another quarter of that!
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