It sure seems like there hasn't been much inflation in a while. But if you consider that the reason that prices stay low is because work is either outsourced to low-wage workers, or U.S. workers are denied benefits and decent wages, you start to see that this sense of a lack of inflation has other costs.
This is particularly noticeable if you make the conscious choice NOT to buy things made in countries where workers have no rights.
In my personal experience of shopping this Christmas, I mostly bought things made in the U.S. and I payed a lot of money, sometimes 3 times the price for what that same item would have cost if made by a slave in China.
I've heard that when two companies are competing, the company that mentions the competition in their advertising is the company that is losing the battle.
Back during the "Take the Pepsi challenge" commercials, Pepsi's entire ad campaign was focused on how much better they are then Coke. A sure sign that Coke was beating them in the marketplace.
So is this the equivelant of Microsoft doing a Pepsi?
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This is particularly noticeable if you make the conscious choice NOT to buy things made in countries where workers have no rights.
In my personal experience of shopping this Christmas, I mostly bought things made in the U.S. and I payed a lot of money, sometimes 3 times the price for what that same item would have cost if made by a slave in China.
Back during the "Take the Pepsi challenge" commercials, Pepsi's entire ad campaign was focused on how much better they are then Coke. A sure sign that Coke was beating them in the marketplace.
So is this the equivelant of Microsoft doing a Pepsi?
It doesn't make any business sense. If this rumor is to be believed I think we would have heard it 2 months ago.
Actually, these are all perfectly true. I know, I was there.