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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (1023)2/13/2001 3:02:28 PM
From: ahhahaRead Replies (2) | Respond to of 24758
 
From AG Q&A:

GREENSPAN: Senator, I think that one of the very few things that American and, indeed, European and most Asian economists agree on is that open markets and free trade enhance the standard of living of all participants.

But not in money. They have to draw the line somewhere so why not draw it at the worst point?

and

GREENSPAN: Oh, I agree with that, Senator. I have no doubt that, at a minimum, that the economic growth which we experienced from the early 1970s through the early 1990s is not something that we're about to replicate in any sense that I can envisage over the next 10 years.

Yet the FED is recreating the very same mess and AG can't see it. Each mess takes a slightly different form, but not enough different to be evident to those who know that economy works mostly classically.



To: ahhaha who wrote (1023)2/13/2001 3:14:14 PM
From: AhdaRead Replies (2) | Respond to of 24758
 
Competitive in what? Certainly not in labor price where the previously high demand for labor is now translating into demand for rising wages. Construction firms don't submit low bids when there is high demand for construction. There is always a bid spread, but the median of that spread is rising ceteris paribus.

I beg to differ
No matter what you are doing in construction the end cost is foolishly thought of as reduction of price of products. You dont have the labor flexibility to much unless you start playing games which isn't to smart if you have an accident you carry insurance and they won't want to carry you.

It is a mickey mouse thing where client can't see the value of a costly flooring and you know darn well that you are trying to build to last not refurbish every two years. Methods of application differ tremendously too one more costly up front can be cost savings a few years down the road. Just ask the person who tired to take off wallcovering laid directly on plaster board. Here we go with cost the low bid lost again no thought up front to a take a close look underneath. Gazillion hours on the job.

One ugly sucker