Wal-Mart CEO Bill Simon expects inflation

[Reality Orlando]

Not good news just when it looks like the economy is turning around. Sheesh.

http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm

 

[Trino]

Not good news just when it looks like the economy is turning around. Sheesh.

http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm

I don't know that the economy is turning around. Yesterday I heard the unemployment rate will be about where it is now for, at least, the next 5 yrs and that it will take 10 yrs to lower it to an acceptable level. I think we're in for a long run.

 

[January.]

Everything's going up. Gas, food, paper products... everything but our salaries.

 

[Kimster]

"Expects"? Where has he been! Inflation is already here!

 

[Reality Orlando]

I don't know that the economy is turning around. Yesterday I heard the unemployment rate will be about where it is now for, at least, the next 5 yrs and that it will take 10 yrs to lower it to an acceptable level. I think we're in for a long run.

Florida's unemployment rate dropped in February. Everyone I know who owns a business says they are doing much better right now. I know my business has been flying the past few months. I actually added more hours to my employees work week and hired a new worker. I'd hate to see things slip back down just when things seem to be looking up.