inflation will be real soon in US.

P&G, Colgate, groceries like SVU, Safeway, are all hoding the increased ingredient costs and not passing to depressed consumers for now. They won't be able to do this for too long. P&G, Colgate will have price increase 2-3% soon. We will have to pay food in higher price too since those supermakets have to survive by themselves.

thanks for years long of zero interest, bailouts, QE1/2 etc.

Corporate america all look for cheaper labors outside. what is going on here? In long term, outsoucing will do no good to corporate america since american will have less money to buy goods. Outsourcing saves some money in short term but hurt corporations more in the long term.

something is wrong here.

 

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Do you expect personal income to rise? -worriedmom1- 给 worriedmom1 发送悄悄话 worriedmom1 的博客首页 (169 bytes) () 01/27/2011 postreply 20:19:47

No. my company merit increase is about 2% on average this year. -pediatrician2- 给 pediatrician2 发送悄悄话 pediatrician2 的博客首页 (0 bytes) () 01/27/2011 postreply 20:21:01

If so, US households have to cut housing spending. -worriedmom1- 给 worriedmom1 发送悄悄话 worriedmom1 的博客首页 (38 bytes) () 01/27/2011 postreply 20:30:00

there is no cure -ctrls- 给 ctrls 发送悄悄话 (235 bytes) () 01/27/2011 postreply 21:12:51

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