I didn't say that out loud did I?Now we need a $15/hr minimum wage and we will be set.
I didn't say that out loud did I?
I expect with shortages and these costs in China going up that many consumer products could see price increases of 25% or more in the next year.
you damm sure got that right. we slave they take. something wrong with this channel. maybe we need to change channels for a better picture?Never really went away for anyone poor enough to have to work.
73
actually the containers need to leave here FULL OF AMERICAN MADE GOODS n return empty not packed full of crap from the LAND OF ALMOST RIGHT. my opinion but others might varyRight now there are 40 + container ships sitting off the coast of CA.
The normal numbers of ships waiting in que at the ports is 0 to 1.
Shipping times overseas have gone from a avg of 34- 36 days to a avg of 70+ days.
Part of that is covid, part of it is that the ships coming in here to San Diego and Long Beach are now carting almost 2x the container loads as ships get bigger.
We need to invest in reshaping our ports to handle bigger loads and bigger ships.
There are veterans in the shipping industry that are speculating the " catch up" time is late 2022 to early 2023.
TSMC, a very large semiconductor manufacture is also way behind in production from covid plant closures and there struggle to get raw materials.
It's going to take time to get this stuff moving again and as it floats around and around the price will continue going up.
73
Jeff
edit spelling I am getting old....
actually the containers need to leave here FULL OF AMERICAN MADE GOODS n return empty not packed full of crap from the LAND OF ALMOST RIGHT. my opinion but others might vary
It's hard for American companies to pay workers $20 hr when Chinese companies pay their workers $20 a month. The economics is broken and the people who make the decisions want to keep it this way.
i strive to buy as much American products as i can. sadly you are 100% correct too.You are correct, however that's not how it works today, Americans have become so used to buying cheap offshore products that now we don't have any other source for things like semiconductors.
GM is a fine example, no Taiwan semiconductors, no new trucks rolling off the line.
When I worked retail, our boss would give us rolls of stickers that said Made In the USA, we would go through our inventory and apply them to American made products.
About 70% of the product did not get a sticker, and the driving force behind that was the consumer looking for the lowest price on the tag.
We had a few that would look for American made products but not many.
73
Jeff