SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 188.98-1.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Kirk ©
To: rdkflorida2 who wrote (14919)12/7/2022 4:55:34 PM
From: Hank Scorpio1 Recommendation  Read Replies (1) of 26881
 
A case can be made that Trump started the inflationary cycle because of the extreme spending related to Covid, yes. He didn't do that after 2020 however. In terms of labor costs, in the past few years real wages have declined significantly. So no, unit labor costs are not what's driving this inflationary cycle. Thankfully, however, unit labor costs are up nominally. If they weren't we would already be in a recession like the 1930's.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext