One may be inclined to think policies settled upon in a democratic fashion are for the greatest good. This is nonsense, all policies have winners and losers. Now comes an article from the point of view of big business, with what sounds just crazy to me:
The story is about a graphical representation of the port slowdown results. Big deal overall, but keep in mind it was management, not labor, that caused the problems. The Longshoremen still do not have a contract. Advantage longshoremen in deflation.
Feel free to forward this by email to three of your friends.
“Manufacturers around the country suffered delays in receiving their shipments, and many were forced to ship their goods into other ports or use air delivery,” said Sara Potter, markets analyst at FactSet.How can my dollar buying more overseas and low energy prices be a bad thing? Those are good things for small business.
The negative impact of the port disruptions will eventually recede but U.S. companies will still have to contend with the burden of a strong dollar and weak energy prices for a while longer, she said.
The story is about a graphical representation of the port slowdown results. Big deal overall, but keep in mind it was management, not labor, that caused the problems. The Longshoremen still do not have a contract. Advantage longshoremen in deflation.
Feel free to forward this by email to three of your friends.
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