So, I keep watching the economics and especially the supply chain in this country and what is going on overseas.
This last night ABC National News and this morning KBMT 12 were discussing the trouble that school districts were having getting food to feed kids lunches. ( Lots potatoes and chicken)
Heck, we even have shrinkflation at the grocery stores. Higher prices, smaller packages.
This once again is a supply factor. Don't have enough truck drivers, don't have enough longshoremen to unload ships. A labor shortage.
Heck, people age 55+ are retiring at a record rate. And I don't blame them. Enough is enough.
We have about 20% of people 20-25 not doing anything. Not going to school, not working, not even trying to do either.
Target stores announced this morning that they were looking to hire 30,000 people for their warehouses....and another 100,000 seasonal workers for Christmas. And as Tom Keene on Bloomberg asked this morning ( He's the one always in the bow-tie)" Where are they going to find these workers?"
Look, China is having a massive power shortage in their nation right now. Don't have enough electricity due to the lack of coal to run coal powered electric plants. They are shutting down the factories where we buy most of our crap from....To which you say, " Bring those jobs home." Guess what, we can't fill the jobs we have now.
As I have said earlier, good luck getting that PS5 your kids want. Good luck getting pretty much any other toy made overseas for your kids.
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