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U.S. Economy Shrank 1.4% in the First Quarter


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Just now, Skidooski said:

Does that include the 29 billion increase to the defense budget?

$32.9 billion for Ukraine. $100 million of Americans. But 90% of that will go to donors

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Just now, teamgreen02 said:

Yup, demand needs to soften before inflation gets under control.

More people in the job market and some tweaks to the supply chain would go a long way too. Not sure how to solve those issues. 

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4 minutes ago, spin_dry said:

More people in the job market and some tweaks to the supply chain would go a long way too. Not sure how to solve those issues. 

Even if the supply chain catches up, the prices won't come down.  Demand needs to drop for anyone to bring down prices. 

It has to start with commodities coming down first and then adjustments throughout the supply chain will be made.  Commodities won't come down until demand softens as supply takes years to adjust to the type of demand we have.

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1 minute ago, teamgreen02 said:

Even if the supply chain catches up, the prices won't come down.  Demand needs to drop for anyone to bring down prices. 

It has to start with commodities coming down first and then adjustments throughout the supply chain will be made.  Commodities won't come down until demand softens as supply takes years to adjust to the type of demand we have.

Like I said, not sure how the two issues get resolved. I can't recall a time in my life where there has been such an across the board labor shortage. As for supply chain bottle necks, up until recent times there's typically been a reserve capacity. The labor shortage amplifies it. It's really a crippling issue. 

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  • Trying to pay the bills, lol



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