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Old 06-07-2008, 02:19 PM
 
Location: America
6,993 posts, read 15,948,235 times
Reputation: 2074

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For awhile there companies fought to offset the increase in petrol. They did not increase the cost of goods even though their operations and input cost increased. Looks like that day is passed. Prepare to see MUCH higher consumer prices on the way

link
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Old 06-07-2008, 03:58 PM
 
5,359 posts, read 10,243,563 times
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Oh me, oh my!

Funny story.

Corporate Profits are being to be harmed by their own Globalony!

This is a crisis, indeed!
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Old 06-07-2008, 06:11 PM
 
Location: Great State of Texas
86,068 posts, read 76,122,357 times
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Yup..sending US raised chickens over to China to be processed, packaged and then sent back to the US because labor was cheap will cost us big time.

Addition of the People's Republic of China to the List of Countries Eligible to Export Processed Poultry Products to the United States
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Old 06-07-2008, 06:13 PM
 
250 posts, read 281,968 times
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Quote:
Originally Posted by Wild Style View Post
For awhile there companies fought to offset the increase in petrol. They did not increase the cost of goods even though their operations and input cost increased. Looks like that day is passed. Prepare to see MUCH higher consumer prices on the way

link
Indeed. Gas is going to $8 this Fall and COGS will go up at least 25%. But remember the Brits... when our gas is $8, theirs will be $16. Can you say bus stop?
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Old 06-07-2008, 06:42 PM
 
Location: America
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Quote:
Originally Posted by fcb View Post
Indeed. Gas is going to $8 this Fall and COGS will go up at least 25%. But remember the Brits... when our gas is $8, theirs will be $16. Can you say bus stop?
The problem with the UK versus US argument is there are FAR more prepared structurerly for that than we are. Our metro areas outside of the Northeast, Chicago and some cali cities do not have mass transit. Are not walkable and are not bicycle friendly. To top all that off many of these places are urban sprawl to the teeth making commuting a utter nightmare. On Sundance chance they had a series comparing some Europeans cities with America. It was laughable at best. Europe has tons of options while right now as it stands we in America have very few transportation alternatives.
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Old 06-07-2008, 10:55 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 22,249,075 times
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Quote:
Originally Posted by Wild Style View Post
For awhile there companies fought to offset the increase in petrol. They did not increase the cost of goods even though their operations and input cost increased. Looks like that day is passed. Prepare to see MUCH higher consumer prices on the way

link
I agree with that. Inflation is back.
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Old 06-08-2008, 12:33 AM
 
Location: home state of Myrtle Beach!
6,375 posts, read 19,994,244 times
Reputation: 3571
Quote:
Originally Posted by Wild Style View Post
The problem with the UK versus US argument is there are FAR more prepared structurerly for that than we are. Our metro areas outside of the Northeast, Chicago and some cali cities do not have mass transit. Are not walkable and are not bicycle friendly. To top all that off many of these places are urban sprawl to the teeth making commuting a utter nightmare. On Sundance chance they had a series comparing some Europeans cities with America. It was laughable at best. Europe has tons of options while right now as it stands we in America have very few transportation alternatives.
I live in one of those inaccessible areas. We've been driving for too long and will probably continue without much change!

Milk went up 20cents to 4.19 here last week. P&G traditionally waits to pass higher costs to consumers but they can't wait much longer. Expect prices to go up again very quickly.
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Old 06-08-2008, 07:36 AM
 
Location: America
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myrc

If things keep up would you move to a more accessible area or will you stick it out?
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Old 06-08-2008, 08:48 AM
 
Location: DFW - Coppell / Las Colinas
36,350 posts, read 40,138,483 times
Reputation: 43668
Default Some good

Gas prices & inflated goods may be the shock we need as a nation to learn to conserve and drive smaller cars.
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Old 06-08-2008, 08:52 AM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 22,249,075 times
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Quote:
Originally Posted by Wild Style View Post
myrc

If things keep up would you move to a more accessible area or will you stick it out?
Many people are trapped in the far exurbs because they bought expensive houses when gas was cheap. Now gas is expensive and the value of their houses has fallen and in many cases they owe more for their houses than what they can fetch selling them.
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