I believe this. But I’m currently happy with both my Main Street and Wall Street gains. Retirees however may get the short end of the stick if they cashed out and locked in too early? They may need to consider rejoining the Workforce for a little while?
President Trump's nomination of Heritage Foundation economist E.J. Antoni to head the Bureau of Labor Statistics on Monday drew criticism from economists across the political spectrum.
And FACTS are if GE builds those washers here in America 🇺🇸 (Build not Assemble) there will be competition on washers coming from other Countries like China. So the Chinese manufacturers will have to price their products to compete with the GE brand.
Meaning they will have to eat the majority of their Tariff costs. Unfortunately that could mean their workers are paid less to be able to sell.
I have a GE Microwave from 1984. Here’s a clue if you don’t want to worry about inflation. Don’t buy things you don’t need and if something breaks find a repairman 👨🔧 instead of just chucking the product in a landfill.