06-06-2023, 07:14 PM
(06-06-2023, 05:47 PM)michaelsean Wrote: Build that bridge. And inflation coming down doesn't mean prices are coming down. They just won't rise as fast as they have. Inflation is a giant thief, but because it's political one side yells about it and the other side pretends it's no big deal. Then in four or six years roles will be reversed. In many categories there is now a new price, and it's not going away.
Here's the info on the Brent Spence Bridge megaproject
https://www.transportation.gov/sites/dot.gov/files/2023-01/MEGA%20FY%202023%20Combined%20Fact%20Sheet.pdf
"We also learned that the unemployment rate has been under 4 percent for 16 months in a row. The last time our nation had such a long stretch of low unemployment was in the 1960s. The share of working-age Americans in the workforce is at its highest level in 16 years. Meanwhile, the annual inflation rate has fallen for 10 months in a row, and it’s down more than 40 percent since last summer. During that time, take-home pay for workers has gone up, even after accounting for inflation."
So at what point does the market decide when it turns into price gouging?
