What is going on?
Steven Worth
Strategy and Operations Executive – Equipping Corporate, Nonprofit and Government Organizations to Profitably Capitalize on Global Market Opportunities ? Strategic Planning ? Globalization ? Innovative Funding
Consumer demand is up, unemployment is down, industrial production is up yet the economy has slowed down in the third quarter and inflation is picking up.... Indeed, what is going on?
It pays to think about this a bit. It doesn't require a genius to figure out that the narrow supply pipeline that connects consumer demand with suppliers is congested. Things are still moving but very slowly. What happened to that delivery that was supposed to arrive today?--it will be delivered next week. Arghhh! How many have heard something like that?
But (and this is an important point) those businesses that control the supply pipeline know this is a temporary problem, so they are reluctant to staff up and buy more equipment for a problem they know will go away on its own in a matter of months. This is the key point, isn't it?--but Arghhh....
As Ernest Lawrence Thayer would have said, today "there is no joy in Mudville"....except that is, for a few Trumpists on Fox news....