It is Friday (Happy Friday, Everybody!). It is the 4th day of February, 2022, and the folks on the morning news are talking about good news in the January jobs report with 467,000 new jobs. Good news is always welcome, and this news is, apparently, quite a surprise.
I wonder if people believe all of the economic gloom and doom predictions that seem to go counter to the actual state of the economy. Wall Street is doing pretty well, employment seems to be doing pretty well, and the only real negative I see is the inflation rate – which in a lot of cases seems to be more price gouging ( I know you have an extra dollar, and I want it) rather than inflation (I know you want it, but this other customer wants it more).
I’m not an economist, but I’ve taken a few (9? 12?) hours of economics in college. I may not be as smart as you, dear reader, whether you friend, stranger, or grandchild (hi – I hope we’ve met, and I love you), but supply-and-demand issues happen with the current supply chain issues, but more and more it seems people are just raising prices because they can.
Or maybe I’m just cynical and spend too much time thinking the worst of my fellow man. No, people will jack up prices if they can. Who am I kidding? Seems like there are more jackals than puppies somedays.
I’ve got meetings starting in a few minutes.
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OK, back to the mill…
I hope the world is treating you better than you deserve.
Peace y’all.