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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (30355)10/21/2003 12:05:35 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
I call it wage deflation

everything regarding costs is rising

everything regarding income and pricing power is falling

bigtime pinch continues on margins and budgets

inflation is NOT a commodity without location

case in point: copper is over 90c, making 52-wk highs
morons on CNBC regard this as good news
but it raises COSTS
/ jim