Out of Stock.... boats, life jackets

[jdmidwest]

1 hour ago, Phil Lilley said:

This is an economics question, not a political one so beware I have my finger on the delete key. 

Why isn’t this called inflation?  Not the shortages but the cost of most things going up so much. 

The government is pumping trillions of dollars into the economy and interest rates are nil.  And people are spending it like its going out of style.  They don't care what it costs.

The fortunate many that sit around collecting it have decided that they don't need to work.  They can draw unlimited unemployment, forgo their rent, take their stimulus checks for themselves and kids, and sit around spending on worthless crap.  Meanwhile, the jobs they had remain unfilled, production is down.  Low income factory workers, field hands, laborers, lumber yard workers, and many other employees are hard to find.

Many imports from China have been stalled, along with imports from other companies.  Latest excuses, the hard freeze down south a few months back. 

Costs are going up and the government is helping cover it for now.  Those that are working are making more than they ever did, the economy is strong, pumped up by all the spending.  Bubble soon to burst.

[jdmidwest]

5 minutes ago, Mitch f said:

Another little wrinkle...

Since the total dumb asses on this forum voted for Biden, gas prices have increased greatly. Plastisol, the key ingredient for soft plastic fishing lures, has it price based on oil futures... it has gone up 30%. So get ready for the rise in prices with fishing lures. 

That's the petro shortage caused by the Cold Snap down south.

Went to buy fertilize for the field at the farm, none to be found.  Nitrates and Urea shortage.

People are on a spending spree like I have never seen.  And retail is cashing in on it.  And manufacturing too.

Its a total sh t show right now.  And the only thing to blame is the Covid.

[MrGiggles]

13 minutes ago, jdmidwest said:

The government is pumping trillions of dollars into the economy and interest rates are nil.  And people are spending it like its going out of style.  They don't care what it costs.

The fortunate many that sit around collecting it have decided that they don't need to work.  They can draw unlimited unemployment, forgo their rent, take their stimulus checks for themselves and kids, and sit around spending on worthless crap.  Meanwhile, the jobs they had remain unfilled, production is down.  Low income factory workers, field hands, laborers, lumber yard workers, and many other employees are hard to find.

Many imports from China have been stalled, along with imports from other companies.  Latest excuses, the hard freeze down south a few months back. 

Costs are going up and the government is helping cover it for now.  Those that are working are making more than they ever did, the economy is strong, pumped up by all the spending.  Bubble soon to burst.

 

Sure makes you wonder if we're headed for another 2008. Housing market is on fire, homes selling everywhere for above list.

Can't say that I blame people for sitting at home and collecting more on unemployment than they were making before. 

 

4 minutes ago, Mitch f said:

Another little wrinkle...

Since the total dumb asses on this forum voted for Biden, gas prices have increased greatly. Plastisol, the key ingredient for soft plastic fishing lures, has it price based on oil futures... it has gone up 30%. So get ready for the rise in prices with fishing lures. 

Gas going up has less to do with the president and more with lessening travel restrictions and the big winter storm in the south. Plus there is usually always an uptick in the spring and summer every year.

[Mitch f]

43 minutes ago, MrGiggles said:

 

Sure makes you wonder if we're headed for another 2008. Housing market is on fire, homes selling everywhere for above list.

Can't say that I blame people for sitting at home and collecting more on unemployment than they were making before. 

 

Gas going up has less to do with the president and more with lessening travel restrictions and the big winter storm in the south. Plus there is usually always an uptick in the spring and summer every year.

Well we finally basically got rid of our dependence of Mid Eastern oil. Now with Biden’s war on oil, I’m sure it has a lot to do with it. The new solar and wind is very dependent on Chinese supply chains. Not good

[Al Agnew]

1 hour ago, Mitch f said:

Well we finally basically got rid of our dependence of Mid Eastern oil. Now with Biden’s war on oil, I’m sure it has a lot to do with it. The new solar and wind is very dependent on Chinese supply chains. Not good

Being sure doesn't mean being right.  Nothing Biden has done at this point has reduced the supply of oil, nor raised its price.

[Mitch f]

25 minutes ago, Al Agnew said:

Being sure doesn't mean being right.  Nothing Biden has done at this point has reduced the supply of oil, nor raised its price.

Well oil futures determine the price and Biden has plans to reduce US oil production. 

[Gavin]

I’m not too worried about what may or may not happen. Figured gas prices and taxes would go up. Nothing I can do about it.

[jdmidwest]

7 hours ago, Al Agnew said:

Being sure doesn't mean being right.  Nothing Biden has done at this point has reduced the supply of oil, nor raised its price.

Turmoil in the middle east has picked up. Biden is pandering to Iran again like they did during Obummer admin.  Israel and Iran are on the brink of war because of our perceived lack of support for them again.

Climate change reform always affects our oil production and makes OPEC stronger.

[45acp]

17 hours ago, jdmidwest said:

Its a total sh t show right now.  And the only thing to blame is the Covid.

I've been needing to replenish my stock of single-hook Rooster Tails.  None of the big sporting goods outlets have them in stock.  Can't even find bootleg copies on Amazon.  This morning I sent an email to Worden asking about availability.  This is there response:

Our production was closed for approximately 5 months because of Covid.  During that time frame we continued to ship any product we had in stock.

Our shelves are bare and we are currently producing as quickly as possible.  Once we have our distributors/retailers in stock, we will reopen our online store.  However, it could be some time before we do so.

We are still producing single hook Rooster Tails.  It will be a while before readily available.

[Terrierman]

There's a metric ton of pent up demand further complicated by another metric ton of slow/low/no production magnified by a third metric ton of spendable money due to lack of activity during covid and massive infusions of stimulus money over the last year.  And then factor in the big weather hiccup plus the fact that it's spring, AND everything seems to be finally breaking loose.  Should not be difficult to understand why supplies of lots of things are short and prices are high.  

To Phil's original question:  It sure looks like inflation to me.