Business owners are the last ones to blame here. With the current USD exchange rate, manufacturers are facing intense battle on both labor and supply fronts.
Here is the root cause:
> Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession.
> The panic wasn’t free - and the bill is coming due.
Stimulate the hell of out the nation's economy to the point where we have the "Great Resignation". Then go on to blame business owners who are trying to bring manufacturing back to US. Just completely preposterous, illogical and misplaced.
Here is the root cause:
> Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession.
> The panic wasn’t free - and the bill is coming due.
https://twitter.com/naval/status/1574638443237294080
Stimulate the hell of out the nation's economy to the point where we have the "Great Resignation". Then go on to blame business owners who are trying to bring manufacturing back to US. Just completely preposterous, illogical and misplaced.