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 175.60+3.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hank Scorpio who wrote (14922)12/7/2022 6:46:31 PM
From: rdkflorida21 Recommendation

Recommended By
Mongo2116

  Read Replies (5) of 26788
 
You missed the point. $2 an hour in China. Move the mfg. to the U.S. $20 and hour. Simple. Nothing to do with wages plus or minus in U.S. It's U.S. cost vs China cost. And yes. Not handling Covid properly and in a timely manor was costly. We came out of Covid with HUGE demand and supply side trashed. I'm not sure the second Covid rescue plan was needed, but no one wanted to take the chance of doing nothing. And remember the tariffs. 200% on lumber from Canada, housing cost were bound to go up. So, YES. I believe a case could be made that the inflationary cycle had started under Trump.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News