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  1. #1
    Join Date
    Aug 2008
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    Central Florida
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    Wal-Mart CEO Bill Simon expects inflation

    Not good news just when it looks like the economy is turning around. Sheesh.

    http://www.usatoday.com/money/indust...nflation_N.htm

  2. #2
    Join Date
    Aug 2003
    Posts
    7,372
    Quote Originally Posted by Reality Orlando View Post
    Not good news just when it looks like the economy is turning around. Sheesh.

    http://www.usatoday.com/money/indust...nflation_N.htm
    I don't know that the economy is turning around. Yesterday I heard the unemployment rate will be about where it is now for, at least, the next 5 yrs and that it will take 10 yrs to lower it to an acceptable level. I think we're in for a long run.

  3. #3
    Join Date
    Jun 2008
    Posts
    1,498
    Everything's going up. Gas, food, paper products... everything but our salaries.

  4. #4
    "Expects"? Where has he been! Inflation is already here!

  5. #5
    Join Date
    Aug 2008
    Location
    Central Florida
    Posts
    4,318
    Quote Originally Posted by Trino View Post
    I don't know that the economy is turning around. Yesterday I heard the unemployment rate will be about where it is now for, at least, the next 5 yrs and that it will take 10 yrs to lower it to an acceptable level. I think we're in for a long run.
    Florida's unemployment rate dropped in February. Everyone I know who owns a business says they are doing much better right now. I know my business has been flying the past few months. I actually added more hours to my employees work week and hired a new worker. I'd hate to see things slip back down just when things seem to be looking up.



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