Midniteoyl
Elite Member
- Joined
- May 20, 2013
- Messages
- 4,762
- Location
- N. W. Indiana
- Tractor
- Kioti CK3510SE HST, Ford 3400, Gizmow ZTR, Simplicity 7016H
I think they are all "living" with Uncle Sam.Speaking about finding help, Just exactly where did everyone go to create so many job vacancies? Are people just not working and back living with mom & dad or what?
Have pondered the same question. It was easy to answer back when covid had everything shut down....but now that things have been pretty much fully open for a year.....many business are still struggling to get people to work.Speaking about finding help, Just exactly where did everyone go to create so many job vacancies? Are people just not working and back living with mom & dad or what?
I believe that it’s a bit of both. I believe that a lot of people who were getting toward retirement took it early. The stock market helped them out.Are there more jobs or fewer employees or some combination of both??
We are fortunate that they weren't able to print the trillions more that they wanted to.I'm not so sure that the supply and demand is the main reason for high prices. I think there is a lot of borrowing and printing dollars by the government which SURELY has an inflation effect on the value of the dollar. It's not just tractors, cars, trailers - it is everything from food, paper products, fuel, oil, tires, and you name it, it is much higher. I think the inflation rate of just 2021 alone was 7%. I think everyone is feeling the effects of inflation, and that includes manufacturers that try to meet the increase cost of raw materials.
But some people and companies that are in REAL need of replacement are getting screwed. Not everyone has the luxury of waiting for prices to come back down, IF they ever do.Like most things, more demand than supply is the bigger culprit. Fear (panic) buying drove prices up, once one guy gets a thousand more, everybody else decides to sell for a thousand more. People really are their own worst enemy. Look at some of the bigger auction places to see just how crazy the prices have gotten because people just had to have it. MSRP on a Kubota L47 is up to 64K (with 3rd func and hyd thumb), pretty sure in 2020 it was ~ 50K