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Originally Posted by Ptmckiou
1. Supply Inflation - Since 90% of our supplies are manufactured by China, and they have been shutting thr country down every time someone gets COVID the past several years, it shuts down manufacturing and shipping, This causes months of delays, so IF there are still Widget A in stock in the USA, the price climbs because there are few of them and no guarantee of when we will bet more. Solution…bring manufacturing back to USA p, BUT not so fast. Workers in in China make A lot less than workers in USA, so that would send the prices of our products even more. No easy solution.
2. When FEDs raise interest rates, then when banks loan money it costs the consumer more for that product (aka mortgages, etc). Thereby, consumers stop purchasing those products and the prices then have to drop to compete with the shrinking group of purchasers that can still afford to purchase. It slows down the economic engine, so prices have to come down to try an attract buyers that have been pushed out of the market. It’s a fine line…reduce consumer spending without pushing the econ9my into a recession. The number to watch is unemployment. There has never been a recession with low unemployment. People are working, so we aren’t in a recession. If unemployment goes from 3% to 5%: then long term hurt on the horizon. So farm things are looking very good…gas is down, and some other prices down. It’s working.
3. Take responsibility for yourself. No one forced anyone to take drugs. Not even your doctor. Several times I’ve had doctors try to prescribe a pill and I say, “No” and I ask the alternative. Like too high of blood pressure, or glucose….losing weight helped me being the numbers back to normal. If a person is abusing a pill, it’s the person taking the pills fault. No one else. Take response your actions. Also, read up on stuff you put in your mouth. Read articles from the Mayo or Cleveland clinic, or WebMD about the product or issue. Educate yourself on alternatives. It’s your body, and YOUR responsibility what you ingest into it. BTW…”happiness” is a choice. Either you see the glass half-full, or you see the glass half-empty. Same two people looking at the exact same glass, and see something different. It’s not the glass fault….it’s you perspective. Change your perspective (turn lemons into lemonade in your head) and you’ll change your life.
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I agree, personal responsibility is the key, but I acknowledge that I have very well educated friends who have a some what "blind spot" when it comes to what their doctor tells them to take. We ARE blessed to have many critically necessary medicines, but it is rather unsettling to hear the never ending TV ads for medications for "diseases" you have never heard of in your life, and most seem to be more "conditions" than diseases, but I split hairs there I fear. It is amazing to have friends, seemingly in good health and well educated, arrive for a visit with a literally case of legally prescribed drugs from their doctor. Have a cousin who actually asked for alternatives for lowering her moderate PB elevation. Her doctor told her nothing has been firmly established to work, that lowing sodium intake is not the answer, and added that behavioral changes are not a solution "because most patients will make them for approximately two weeks before going back to their normal diet and exercise pattern". He ended up giving her 3 separate medications for a MODERATE elevation ! She never filled them and began a search for alternatives. To try to write down the number of ads for prescription medicines in one day on all networks would be impossible ! My personal opinion is it's inappropriate to ADVERTISE PRESCRIPTION MEDICINES like cough drops, aspirin, and topical s for scratches and cuts ! Seems inappropriate and out of place, and since they require prescriptions, the ads always say "CALL YOUR DOCTOR NOW' and ask for _____ ! In no way am I not grateful for the many medications that have given members of my own family with certain conditions years of additional life, it is the kind of reckless abandon with which many medications are just routinely prescribed. When I do talk about my reserves in this area, I've had friends look at me and say "oh, you're one of THOSE, I had no idea and we've been friends a long time now". I just explain I am not "one of those" at all, I just believe caution should be a normal part of a decision, and personal responsibility HAS to be an element !