Almost inevitable Bill. We are well ahead pricewise of earlier projections already. I still think it is all still up in the air though. Does not mean that much if wages and earnings rise fast enough.

From my simple perspective I just cannot see how that can happen. Our manufacturing and exports are reducing year by year. Our real balance of payments with the orient now must be almost a certain disaster long term. I no longer believe the official figures released. They must be seriously manipulated in my opinion.

Every day I see manufacturing plants and wonder why they still operate here. They would be far more profitable for the owners operated in another country. We need a major structual planning shift to at least start to deal with it all. Almost everything I buy is made offshore or in mexico now. There is no north american equivelant manufactured to buy that makes sense.