Still believe that wage pressures will continue to drive rates higher and keep prices going up on certain commodities. People have to get used to higher rates. God forbid these politicians start a war, you think 8% is high, lol.
I am with you on the wage pressures. It becomes a vicious circle - employees ask for wages increases, so companies employ more robots and automation, so remaining employees as for higher wages etc etc
I love your balanced writing in this post regarding how both major US political parties are prone to spending/budget cutting to support their extreme agendas. I could not agree more and this has pushed me to recently become an independent.
Also the American dream was never about the government creating ideal conditions for US citizens/residents to flourish. Nothing has ever been ideal in this country - we have had our fair share of tragedies, black swans, crises etc. The American dream has always been about people working hard and succeeding inspite of these challenges...where nothing is handed to us on a silver spoon...we create something out of nothing...we design, we build, we export, we handover the reins to the next generation.
Unfortunately, we are seeing a growing sense of entitlement, that has plagued other emerging countries, creep into our society.
e.g. recent labor movements and strikes which are doomed to fail after UPS workers got their sweetheart deal
e.g. everyone asking me for a tip nowadays...even when I buy take out food and pick it up myself.
Still believe that wage pressures will continue to drive rates higher and keep prices going up on certain commodities. People have to get used to higher rates. God forbid these politicians start a war, you think 8% is high, lol.
I am with you on the wage pressures. It becomes a vicious circle - employees ask for wages increases, so companies employ more robots and automation, so remaining employees as for higher wages etc etc
I love your balanced writing in this post regarding how both major US political parties are prone to spending/budget cutting to support their extreme agendas. I could not agree more and this has pushed me to recently become an independent.
Also the American dream was never about the government creating ideal conditions for US citizens/residents to flourish. Nothing has ever been ideal in this country - we have had our fair share of tragedies, black swans, crises etc. The American dream has always been about people working hard and succeeding inspite of these challenges...where nothing is handed to us on a silver spoon...we create something out of nothing...we design, we build, we export, we handover the reins to the next generation.
Unfortunately, we are seeing a growing sense of entitlement, that has plagued other emerging countries, creep into our society.
e.g. recent labor movements and strikes which are doomed to fail after UPS workers got their sweetheart deal
e.g. everyone asking me for a tip nowadays...even when I buy take out food and pick it up myself.
Cheery thoughts for Friday 13th!
Stay well, Richard.