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February 16, 2011

Confirmed: Stagflation™ on the way

...Shoes, clothes, tires, plastics and other products all cost more at the wholesale level last month, putting pressure on businesses to pass the increases along to their customers...

...Drug prices rose 1.4 percent, the most in almost three years. Prices rose for products throughout the economy...

See, its just "pressure" at the moment, kinda like a zit starting to form. Being patriotic and all, those businesses will of course try to resist that pressure as long as possible, take profit hits, maybe even run losses or go bankrupt as part of their national obligation, right? They just need to cowboy up and embrace the vise like squeeze of higher taxes and higher costs. This is the new normal.

posted by Purp at 09:59 PM

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Being patriotic and all, those businesses will of course try to resist that pressure as long as possible, take profit hits, maybe even run losses or go bankrupt as part of their national obligation, right? They just need to cowboy up and embrace the vise like squeeze of higher taxes and higher costs. This is the new normal. posted by Purp at 09:59 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Adriane the Fruit Pie Chart of the Month Club Critic . . .: "Rain ? ..." Taboo family sex: "Time Extension. 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