New Tractor Sales Are Declining

[lman]

I don't see the problem with spending. It seems to me that the problem is with borrowing.

The more people spend, the higher prices will go.

 

[scootr]

The more people spend, the higher prices will go.

True. Inflation only corrects itself when demand falls off far enough that hungry sellers (manufactures, dealers, or resellers) drop prices to gain back sales. Period.
Every sale fills the seller with hope that another sale will follow. This is why we know we are not at the bottom of this pit yet.

 

[Hay Dude]

Tractor sales are going to drop with Holidays coming up.

 

[jyoutz]

Rational people when faced with saving at a lower rate than inflation will continue to spend, spend, spend. Thus the reasoning by the uninformed that our economy remains "strong" when in point of fact, no, it is not.

If industry is producing goods and buyers are buying those goods with strong demand, yes the economy is strong. But of course inflation is insuring that only the higher earners and wealthy are benefiting from that strong economy.

 

[jyoutz]

Tractor sales are going to drop with Holidays coming up.

Scuts and cut sales are going to continue dropping due to demographics. Us baby boomers are mostly retired and have driven up these sales for the past decade. Many early career people can’t afford tractors and there are less of them than the boomer generation.

 

[jyoutz]

I agree. You have to have $42K too much or are we just seeing huge business write offs here? As in spend it or lose 40% of it to taxes. Remember there are 86k new IRS agents waiting to justify their jobs.

Or maybe there are lots of people with lots of disposable income who are buying toys because they like them and they have the money?

 

[Hay Dude]

I agree. You have to have $42K too much or are we just seeing huge business write offs here? As in spend it or lose 40% of it to taxes. Remember there are 86k new IRS agents waiting to justify their jobs.

After 11/8, those prospective IRS agents will go back to their parents basements, I hope.

 

[jyoutz]

After 11/8, those prospective IRS agents will go back to their parents basements, I hope.

Yeah, we wouldn’t want cheaters to be forced to pay their bills? That would be unfair to honest people.

 

[Hay Dude]

Yeah, we wouldn’t want cheaters to be forced to pay their bills? That would be unfair to honest people.

you like IRS agents ?
yeah all gov guys are so honest, like comey lol
we need a bunch more lois learners, too.
especially when the economy sucks

 

[jyoutz]

yeah all gov guys are so honest, like comey lol
we need a bunch more lois learners, too.

We obviously have simple tax situations and cannot deduct everything like a small hay producer can. So we take the standard deductions with little chance for cheating.