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Well get ready for major price increases

#1

StarTech

StarTech

Basically the voters ask for it, they will get everything they asked for and then some. Common sense just went out the door. Things are about to get a lot worst then they ever imagine. They couldn't stand it that we finally got price increases under control.

I definitely will be passing all the new tariffs (taxes) along with my usual markups. Otherwords every 10% increase in cost that I pay, I will be billing the customer 15.38% (35% GPM). Also will be increasing my labor rate to offset the other increase operating costs. Most of us businesses just can't absorb the additional costs. No point of being nice to the customers now. They wanted to pay out the butt, now they can.

I also work on selling off my in house inventory towards the goal of closing my business.


#2

Craftsman Garage

Craftsman Garage

I take it you like $4 gas lol. We all don't know what exactly the prices will be like in January. I just can't wait for "Liberation Day".


#3

StarTech

StarTech

Gas around here $2.60 to $2.80 a gallon last week. I actual got mine for $2.20 per gallon a week ago.

Personally I got a very bad feeling as to what is to come. I have seen what lies in past has done. And history is about to repeat itself.

Already both of my major distributors are so screwed up by software updates that I having to call the sale persons just to get orders placed. Then I having to call customer service just to get payments applied. Things were promised to be better but are worst instead. Their software problems is destroying my business.

RBI has just updated and I lost access to the price files, PartSmart, and ACH payment system. And that just what I have checked so far. Gardner; I can't place online orders, price files are out of date, when I send check payments they don't get applied. I have to call to get them applied. And the salesman is on vacation my orders don't get placed until he is back.

Both of these distributors offer credit card payments but they charge an additional 3% currently for doing that.


#4

Craftsman Garage

Craftsman Garage

Well you said you are closing shop so not sure what you're worrying about.


#5

StarTech

StarTech

Its just me feeling like I am abandoning my customers. I may safe until of the '25 is over then retire. But that is a major change as I have been helping other since '79 and it is hard to just quit cold turkey.

Although it is getting harder and harder to deal with idiot vendors. It shouldn't be this hard to just to order parts and pay for them. I used come in place an order and then pay it within 30 min and then back to repairing things. Now it takes up to half a day to get this done.


#6

Tiger Small Engine

Tiger Small Engine

Its just me feeling like I am abandoning my customers. I may safe until of the '25 is over then retire. But that is a major change as I have been helping other since '79 and it is hard to just quit cold turkey.

Although it is getting harder and harder to deal with idiot vendors. It shouldn't be this hard to just to order parts and pay for them. I used come in place an order and then pay it within 30 min and then back to repairing things. Now it takes up to half a day to get this done.
This was a great year for business, very smooth and steady. My annual income continues to grow. I am optimistic about the next four years because the people have spoken. However , when a country is 36 TRILLION dollars in debt, and you are paying more in interest each year than the defense budget, that is a problem. So it ain’t all roses and unicorns. On a local level I can help my customers, family and friends, and keep doing the right thing.

If it is taking half day to order parts, I would say something is terribly wrong. Usually ordering parts is pretty straightforward. Try not to get too bogged down in minor details and keep moving forward in business. Our customers have problems, and we are the solution.


#7

StarTech

StarTech

Yes something terrible wrong with both distributors now. It called software problems for one thing. And they have employees there that has no idea what they are doing.

Gardner went with Microsoft 365 system which is a total mess and has been ever since Dec 2023. I have lost several major Kohler engine sales because of them. They cant even tell if the engines are available or not.

RBI was still fairly easy to order parts and get other info from until this month. Now I can't access the PartSmart lookup system or pay my RBI bills. I actually in the off season here so I not ordering parts right now.

And waiting for the New Kohler to screw up the Partner dealer site which is no near like Kohler Plus dealer site was.

And the OEMs are not helping with parts taking up to 4 months to get them. I currently got a Husqvarna muffler on back order from the first of October and isn't even arriving until the second week of December at the earliest. Even that probably get push back until next year. And it still two more weeks before I can even two Mower out as the idler arms are not schedule to be shipped until the 21st.

And now I got to inform my customers with Subaru/Robin engines that Subaru is closing down the part system for their small engines in December so they will have to upgrade their equipment. Yamaha doesn't provide the parts for those engines even though they are producing newer versions of some of the engines. Luckily there is only 8 customers with the engines.

As far the national debit just wait it will go up more instead coming down. It been a long time the last president had us in the black with us paying down the debit and he was a peanut farmer. But as soon as the next president got in we went right back into the red. And the farmers and construction companies are going be hit hard if things goes the way I think it going to happen.

Florida has already screwed their farmers once, and the hurricanes did a major number on them now so we got to import more food which would have at least a 10% tariff on if the next guy get his way which he will as no one will stop him probably. A lot produce just rotted in the fields as there was no one to pick it. And a lot of our beef comes from Canada so your $16/lb steak will be $17.60/lb if not more. I remember back in 2007 when 80/20 hamburger was .99/lb now it is 4.99/lb. Yes I realize that 17 yrs ago. And it will even go up. Just these won't be on my table.


#8

StarTech

StarTech

And here is small example what just adding 10% to your cost would look like. And just think what 50% on Chinese items would do. Using Kawasaki item for example since it is a price I am working on. Just think a $1000 will become $1100. And considering some the Kawasaki parts has only 10% off list break, Are you willing to sell below cost? Not I as it will pass along.

That 21171-2287 would end up costing $128.115 instead of $85.41 if it comes out of China if 50% tariff is added. Would you still sell @ $105.87 list. If I have to just order the one item it would cost $16 in shc so I would be barely making anything at the current list price.
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#9

StarTech

StarTech

Well I just sold a part for Husqvarna chainsaw that at the Oct 1 price file update it was $11.99, now it is $19.06. Good thing I checked before selling two of them or I would gotten burned on the costs. That's nearly a 60% (59%) increase in retail price. And cost increase to $16.21 from $9.50.

Appears either Husqvarna or the distributor is getting a jump on the tariffs.


#10

Hammermechanicman

Hammermechanicman

I don't stock parts like you do but the ones i do stock i price out at the current replacement cost plus markup regardless of what i purchased them for. Many things have over doubled in cost.


#11

StarTech

StarTech

I do use FIFO costing but use current retail prices for sales. Otherwords as stock is sold it wrote off at the first in cost and when that is used up it is next cost that is wrote off. So I actually make a little extra on in stock if retail goes up before I sale the items. Or if find the item on sale at another source.

And besides the part here is also currently available in after market for about $3 ea so I ordering a dozen for stock which is enough to do four saws. Then I can either sale them at Stens or Husqvarna retail. Just depends on how greedy I get.;)

But it can hurt using price files is when the items go down in retail if the margins are too close.


#12

StarTech

StarTech

Well just updated from Oct 1 To 11/21 Gardner Husqvarna price file and there were only 62494 items that had price increases. Isn't that great news?


#13

S

slomo

Let's recall who's watch we are under, right now. Trump is not in office yet people. All these percentages and prices have zero to do with the next guy in office.

If you like wartime gas prices, something is wrong. I dislike them. I recall gas was $1.69 for E-10 and $1.99 for E-0 in Oklahoma under Trump. We saw none of this inflation slash price gouging under the last administration. Housing, insurance, medical, gas, groceries, mowers, clothing, day care on and on and on and on........ No wonder America voted the way we did.


#14

sgkent

sgkent

gas is $5+ a gallon here and you are lucky things went different in the election. If it has gone the other way you would not have gas lawn equipment to service or sell. That is what is happening here in our wonderful Communist State of California. A good friend just threw away two nice expensive backpack blowers because they are now banned in her city, commercially too. You can spend $4000 on batteries from the big box stores if you want to use a backpack blower for long. Simple rule - if it is less than 25 hp you can't sell it other than the stock on the shelves that was waivered until it is gone. I have to wonder what a 20% tariff is on nothing.


#15

M

MParr

Here's a little history lesson. Before Woodrow Wilson there was no income tax. All government revenue was derived from tariffs.


#16

Hammermechanicman

Hammermechanicman

I think i will find a boat with tea on it and toss it overboard. That'll show them.


#17

Tiger Small Engine

Tiger Small Engine

gas is $5+ a gallon here and you are lucky things went different in the election. If it has gone the other way you would not have gas lawn equipment to service or sell. That is what is happening here in our wonderful Communist State of California. A good friend just threw away two nice expensive backpack blowers because they are now banned in her city, commercially too. You can spend $4000 on batteries from the big box stores if you want to use a backpack blower for long. Simple rule - if it is less than 25 hp you can't sell it other than the stock on the shelves that was waivered until it is gone. I have to wonder what a 20% tariff is on nothing.
Are the police going to come to your house in that particular city in California and give you a ticket for using a gas leaf blower because it is banned? I think not. These bans are more structured towards new sales rather than existing equipment. There are literally millions of pieces of gas outdoor power equipment in the USA. Enforcing a ban on people using gas equipment where it is banned would seem rather difficult to do. I will be the guy revving my 2-stroke trimmer 20 years from now around my property, ban or no ban.


#18

StarTech

StarTech

What happening is Vendors are preparing for what might be coming.

Be it income tax, sales tax, or tariffs it is all still taxes on the local consumer in the end.

Btw anyone who brags needs to take a very good at how things actually went. Yes things started out great but in the end of 45th things were already going to hell in a hand basket due all the price increases. And took four years to get things back under somewhat of control. And thinking gas was low, some of us remember when gas was below 25 cents a gallon. Businesses used the Covid 19 problem as an excuse to raise prices along the wars in the Ukraine and the Middle East.

My point here is how vendors are already jacking up the prices in preparing for the possible tariffs. My last post was just an example of one price update. I still several more to load. Either way I at first will be making extra money myself off what is already in stock. Still it is the replacement costs that going to be rough.

I am not exactly in the same boat as some of you are as I have spent the last 10 yrs of cross referencing parts and do have resources for the lower cost items. Here is an example of a project this week. It is a Gravely ZTR needing two brake pull off springs. The cheapest I found were $28 ea plus shc. Sears actually want $68 ea for the same springs. Anyway I am replacing those $28 springs with ones that cost me $4 ea plus a little for shc. So the $56 cost is now $8 cost plus shc. Now that is how a good procurement officer can save money and still get the job done.

Personally I can survive this as I do know how live at bare minimums. Otherwords even though I am now getting over $1200 per month SS I still saving a huge portion of it for emergencies. And I not falling those $10,000 Guitars or $400 shoes. That I can spend on food and other things for myself.

What going to happen is what the voters wanted so we all just have to deal with it in the end. Just hope there is some adults in the room.

Tiger believe it or not there is already police ticketing people for using their equipment in cities because it is too noisy so if they want to they do the same on banned equipment.


#19

Hammermechanicman

Hammermechanicman

In commiefornia and others states the HOAs and towns are banning gas powered equipment and are issuing fines to homeowners for using them. They can pass whatever stupid rules they want. And yes they can send the police to give you a ticket.


#20

StarTech

StarTech

And what worst is some of the laws are voted for by the stupid voters. Or by those that don't even bother to vote which is the same as voting for it.

Madison county, AL residents had opportunity here about 12 yrs ago to reduce their property taxes in half. What the powers to be did was to put the current expiring rate along a second bill additional tax of 50% more. The darn stupid voters voted to renew the old tax and turn down the new tax. If they were smart they would turned down the old tax rate and voted for new lower tax rate.

We MUST use heads, research the facts, and vote for reasonable laws and reasonable leaders. and stop being conned by all the fancy lies from politicians. Oh they make it sound so good until it is passed then they stab us in the back nearly everytime.


#21

D

dad7432

As far the national debit just wait it will go up more instead coming down. It been a long time the last president had us in the black with us paying down the debit and he was a peanut farmer. But as soon as the next president got in we went right back into the red.

Please folks, let's at least get this right. The peanut farmer was Carter, and while he tried to balance the budget he never did. The actual last time that the budget was balanced and the debt declined was......
wait for it.....
Clinton,
with the help of a split Republican and Democratic Congress.
Yeah, the guy the right wing hated at the time.
Then Bush II enacted huge tax cuts and spending increases post 9-11.
And the debt growth rate actually slowed under Obama... increased under Trump, and decreased only in the last year or so....

My prediction is that Trump will move quickly to increase tariffs, decrease taxes on the rich (again), and explore cuts to Social Security, Medicaid, Medicare, and other health care spending. It will take a year for other nations to also increase tariffs, or worse. What will this do to the economy? Nothing good. By 2028 we will either be awash in inflation, or an economic crash as world trade collapses. The Democrats will take the House, Senate and Presidency in 2028, if elections are still a thing.


#22

StarTech

StarTech

Okay I accept that as I was still in school probably being fed BS by my teachers. But it still been a good while since we been in the black per say. Now they just keep robbing Peter to pay Paul as the saying goes.

All we can done is to hunker down and try to survive whatever get thrown at us and hope for the best. Personally I glad I make it to retirement age and don't have to put up with a lot BS anymore. Can always shut down and do what I please to a point.

BTW the way I knocking off another one my kids and roasting him for Thanksgiving. At least I won't risk the supermarket food poisoning this year.


#23

S

StumpyOrson

I also work on selling off my in house inventory towards the goal of closing my business.
Good. This is the best line ever. Please close your business and move to the UK where you can still get foreign steel and enjoy die versity and kleen ayer.
Don't let the gold plated eagle stamped doorknob hit you too hard in the hairy hole on the way out.


#24

S

slomo

I will be the guy revving my 2-stroke trimmer 20 years from now around my property, ban or no ban.
(y)🤣


#25

Craftsman Garage

Craftsman Garage



#26

Tiger Small Engine

Tiger Small Engine

We owe 36 trillion in debt.
The southern border is open to millions of illegals coming in our country.
There are two wars going on that we are at least financially involved in.
Over 100,000 deaths annually from Fentanyl.
850,000 abortions per year.
** Let’s worry about a homeowner using their gas powered blower to blow off the driveway and sidewalk for five minutes **.


#27

StarTech

StarTech

We owe 36 trillion in debt.
The southern border is open to millions of illegals coming in our country.
There are two wars going on that we are at least financially involved in.
Over 100,000 deaths annually from Fentanyl.
850,000 abortions per year.
** Let’s worry about a homeowner using their gas powered blower to blow off the driveway and sidewalk for five minutes **.
I am not even going to touch this powder keg.


#28

StarTech

StarTech

Good. This is the best line ever. Please close your business and move to the UK where you can still get foreign steel and enjoy die versity and kleen ayer.
Don't let the gold plated eagle stamped doorknob hit you too hard in the hairy hole on the way out.
And that door knob is probably plated with Prince metal instead of gold. Otherwords fake gold as brass based metal can be made to look like gold.

It not that I considered leaving the US but I figure at least I know what in for here and only have a few years to deal with it then they do whatever they want to with my carcass. Beside I can move out West where there a lot fewer nut cases.


#29

kbowley

kbowley

The last president to balance the budget and decrease the debt was Clinton, but that was prior to the Democratic Party going completely nuts. Personally, I think forty-five did an outstanding job until the pandemic hit. Now we send 300 billion to Ukraine and 100 billion to house, feed, medicate, and educate illegals while we leave our citizens/veterans homeless, and FEMA doesn't have enough money to help citizens when a catastrophe hits. And don't forget the FEMA order to "avoid" homes with Trump signs. Such a mess. Shall I get into the mess abroad? He has put together an excellent cabinet of non-bureaucrats to fix this mess, but it will take some time. I have NEVER seen such an incompetent administration as we have now. Obama got social security solvent through 2050, and Trump left it alone. This administration has robbed the fund blind, and it will be broke in 2032.


#30

S

StumpyOrson

The last president to balance the budget and decrease the debt was Clinton, but that was prior to the Democratic Party going completely nuts. Personally, I think forty-five did an outstanding job until the pandemic hit. Now we send 300 billion to Ukraine and 100 billion to house, feed, medicate, and educate illegals while we leave our citizens/veterans homeless, and FEMA doesn't have enough money to help citizens when a catastrophe hits. And don't forget the FEMA order to "avoid" homes with Trump signs. Such a mess. Shall I get into the mess abroad? He has put together an excellent cabinet of non-bureaucrats to fix this mess, but it will take some time. I have NEVER seen such an incompetent administration as we have now. Obama got social security solvent through 2050, and Trump left it alone. This administration has robbed the fund blind, and it will be broke in 2032.
The last *person* to balance the budget was that genius Newt Gingrich. Clinton just happened to be president. It was in the "contract with America" and he had to strong-arm Clinton to get it done.


#31

StarTech

StarTech

Some homeless have chosen that way of life as they just can't work with the rules society places on them.

Many years ago I was working with a fellow. As we were leavening out on a job we came across a guy pushing a shopping that was dressed as homeless person. My friend turn to me and said you know that is my father. He followed up by saying he don't have to live like that as has a home and the plenty of money he just won't live in it.

And why you think some FEMA workers were told avoid places with Trump signs? It because of all the lies told on the social media that had some of them attacking the FEMA workers. And the main reason FEMA is short on money is Congress not providing it. Also many are still not seeing the writing on wall about the climate changing. This why I have fruit trees in bloom in the middle November when they should blooming early Spring. One apple tree out there actually had young apples on it but they get froze a few weeks probably. Even very old writings say there will be a time when we can't tell Winter from Summer and this is coming true.

And yes avoid a**holes too. You don't get to force your opinion on me and expect me not to push back. A new neighbor here started out with the first out his mouth was politics so I just turned and walk away with him screaming at me. I don't discuss politics or religion for a good reason, it causes a lot of unnecessary problems. And this is the same for customers that don't pay their bills, they get barred from receiving any further help from me. I kick out five this year and got under police investigation for a stop payment check which a felony in my state.


#32

kbowley

kbowley

Some homeless have chosen that way of life as they just can't work with the rules society places on them.

Many years ago I was working with a fellow. As we were leavening out on a job we came across a guy pushing a shopping that was dressed as homeless person. My friend turn to me and said you know that is my father. He followed up by saying he don't have to live like that as has a home and the plenty of money he just won't live in it.

And why you think some FEMA workers were told avoid places with Trump signs? It because of all the lies told on the social media that had some of them attacking the FEMA workers. And the main reason FEMA is short on money is Congress not providing it. Also many are still not seeing the writing on wall about the climate changing. This why I have fruit trees in bloom in the middle November when they should blooming early Spring. One apple tree out there actually had young apples on it but they get froze a few weeks probably. Even very old writings say there will be a time when we can't tell Winter from Summer and this is coming true.

And yes avoid a**holes too. You don't get to force your opinion on me and expect me not to push back. A new neighbor here started out with the first out his mouth was politics so I just turned and walk away with him screaming at me. I don't discuss politics or religion for a good reason, it causes a lot of unnecessary problems. And this is the same for customers that don't pay their bills, they get barred from receiving any further help from me. I kick out five this year and got under police investigation for a stop payment check which a felony in my state.
Wow.😳


#33

S

StumpyOrson

And why you think some FEMA workers were told avoid places with Trump signs? It because of all the lies told on the social media that had some of them attacking the FEMA workers. And the main reason FEMA is short on money is Congress not providing it. Also many are still not seeing the writing on wall about the climate changing. This why I have fruit trees in bloom in the middle November when they should blooming early Spring. One apple tree out there actually had young apples on it but they get froze a few weeks probably. Even very old writings say there will be a time when we can't tell Winter from Summer and this is coming true.
Attacking FEMA workers: ONE GUY said "If Fema comes 'round these parts, they best get on cuz I'm gonna kill em!" and got arrested. The lies are on MSNBC that bands of renegade rednecks are driving around in pickup trucks hunting Fema workers and putting their heads on spikes.

FEMA money: FEMA can reappropriate funds. They're fully funded right now and have excess that they're giving to illegals. They are in no way hurting for money, unlike the hurricane victims that are forced to "apply" for $750 of relief money and most are turned down.

Fruit trees blooming: Did you know they used to have winter parties in April? With snow building contests? This was back in the 1400s. The calendar is NOT perfect, and seasons tend to walk. For instance (by fits and starts) it'll get warmer throughout December soon, but it'll be icy and cold deeper into March and April. That's the way of things. People can not control the weather. This is just a fun little money grab that was invented to keep people scared and redirecting funds to pet projects that go nowhere.
Remember Solendra? Millions appropriated one day, next day it's an empty lot. Oh no, sorry all out of money! No, we don't know where it went. Hey, Obama's buying a new house!


#34

2

2muchgrass2mow

Please folks, let's at least get this right. The peanut farmer was Carter, and while he tried to balance the budget he never did. The actual last time that the budget was balanced and the debt declined was......
wait for it.....
Clinton,
with the help of a split Republican and Democratic Congress.
Yeah, the guy the right wing hated at the time.
Then Bush II enacted huge tax cuts and spending increases post 9-11.
And the debt growth rate actually slowed under Obama... increased under Trump, and decreased only in the last year or so....

My prediction is that Trump will move quickly to increase tariffs, decrease taxes on the rich (again), and explore cuts to Social Security, Medicaid, Medicare, and other health care spending. It will take a year for other nations to also increase tariffs, or worse. What will this do to the economy? Nothing good. By 2028 we will either be awash in inflation, or an economic crash as world trade collapses. The Democrats will take the House, Senate and Presidency in 2028, if elections are still a thing.
That's exactly right, dad! It may be that what this nation needs to stop seeing things through a red lens is 4 yrs. of Trump. We'll see how "MAGA" is working out in a couple years. My money is on something like, "Wait a minute - I didn't vote for this madness!"


#35

StarTech

StarTech

As for seasons I just wish when it starts warming up in the Spring that it don't stay it the 70's for several weeks getting the fruit in full bloom and then turn off cold freezing all the fruit. I been here for over ten years and have lost all my fruit every dang year because this temperature roller coaster. The only fruit that currently survives is pears and it even rough on them.

Right now I am dealing with YO-YO weather. One day it is in the mid 70F's and next it is around 32F. Yesterday it was 77F for the high and this morning 28F for the low. Should only get the upper 40's today but early week next back in the 70's with possible snow Tuesday night.


#36

Craftsman Garage

Craftsman Garage

FEMA would have enough money if the Democrats stopped sending Ukraine billions of dollars! We need to put our country first, and allies second. Ukraine isn't even in NATO so what are we doing sending them money. I am supporting the conservative party of common sense and I'm glad to see slomo and TSE have some common sense. Startech, I assume you enjoy the woke crap that schools teach kids now. You need to wake up to reality and stop watching all the legacy liberal lies media like CNN.


#37

M

MParr

Turning off the TV news and not subscribing to print media has done me wonders. My anxiety level is near zero. The media and weather folks are fear merchants.
For the last couple of years, I have lost most of my fruit in March or early April. By the way, I live in the extreme northern area of South West Georgia.


#38

StarTech

StarTech

Turning off the TV news and not subscribing to print media has done me wonders. My anxiety level is near zero. The media and weather folks are fear merchants.
For the last couple of years, I have lost most of my fruit in March or early April. By the way, I live in the extreme northern area of South West Georgia.
I have basically gave up on the news too. I don't think I even seen the local news in years. I am just withdrawing into my own little world and forgetting most of the other world problems. I don't need anymore gray hairs. Why worry about things out of my control. I got enough problems trying to run this business to make ends meet in the middle.


#39

Hammermechanicman

Hammermechanicman

Discussions about politics and religion never end well.


#40

StarTech

StarTech

Well just got upload my latest MTD price file it was kinda a surprise no major price increase as the 100k Retail changed very little. So far it only Husqvarna that some major price increases. Just don't where the 28k in new PNs came from yet; exploring that potential problem. Now on the TTI files.


#41

M

MParr

An 18% price increase in the cost of ammunition will take effect before January 1. This is a direct result of borrowing to much and printing too much paper money.


#42

Hammermechanicman

Hammermechanicman

An 18% price increase in the cost of ammunition will take effect before January 1. This is a direct result of borrowing to much and printing too much paper money.
You need to start rolling your own.


#43

M

MParr

You need to start rolling your own.
I've got plenty. I got this information today from a local gun shop.


#44

S

stihlmania

The last president to balance the budget and decrease the debt was Clinton, but that was prior to the Democratic Party going completely nuts. Personally, I think forty-five did an outstanding job until the pandemic hit. Now we send 300 billion to Ukraine and 100 billion to house, feed, medicate, and educate illegals while we leave our citizens/veterans homeless, and FEMA doesn't have enough money to help citizens when a catastrophe hits. And don't forget the FEMA order to "avoid" homes with Trump signs. Such a mess. Shall I get into the mess abroad? He has put together an excellent cabinet of non-bureaucrats to fix this mess, but it will take some time. I have NEVER seen such an incompetent administration as we have now. Obama got social security solvent through 2050, and Trump left it alone. This administration has robbed the fund blind, and it will be broke in 2032.
Congress writes the budget laws….


#45

M

MParr

There hasn't been an actual written budget since 1996. The government has been operating on omnibus bills and continuing resolutions since then. That fact is a real problem.


#46

kbowley

kbowley

Congress writes the budget laws….
Incorrect; the fiscal budget is written by the president and his administration with the help of staffers and lawyers of said. It is then sent to the Congressional Budget Committee for approval, amendments, adjustments, addendums, cuts, and so on. They are sent back to the president for approval or disapproval. When an agreement cannot be achieved, Congress will either continue with the prior budget or resume negotiations. If an agreement cannot be reached, Congress has the authority to shut down non-essential agencies until one is reached.


#47

Scrubcadet10

Scrubcadet10

Well just updated from Oct 1 To 11/21 Gardner Husqvarna price file and there were only 62494 items that had price increases. Isn't that great news?
Is that all?


#48

StarTech

StarTech

Is that all?
So far as that Increase my inventory retail value from 92K to 100.3K. I am not even going try to find items that increased the most. But I can tell the extra 8+K is just on 440 items here. Just going past it along.

And just think DJT is now saying he will enact a 25% tariff on Mexican and Canadian goods on Day One. He is basically planning on taxing the hell out of us. He also planning raising the China tariffs another 10%.

If anyone understand business it starts with the importer and every middle man adds his markups and finally businesses like mine add our final markup. Otherwords the price I pay is markup by my normal GPM and then sold.

Say I buy direct from the importer which previously had the item for $100 which is now at least $125 then I add my 35% GPM that item that was $153.85 is now $192.31. And this don't include shipping which must also be added depending on its cost. And then of the end consumer also has to pay the local sales taxes. It is the final consumer that is getting stabbed in the back. Basically on just this one item the consumer is now paying an extra $42+ using my local tax rate if I eat the shipping costs.

BTW I will too be paying for what voters decided, so they will just get what they asked for along with the rest of us. Sorry business is business. We are here to make money not to lose it.

What I see coming is not what any of us wanted but I am hoping it doesn't come to past though it probably will. Just have to deal with what we are now handed.


#49

S

StumpyOrson

So far as that Increase my inventory retail value from 92K to 100.3K. I am not even going try to find items that increased the most. But I can tell the extra 8+K is just on 440 items here. Just going past it along.

And just think DJT is now saying he will enact a 25% tariff on Mexican and Canadian goods on Day One. He is basically planning on taxing the hell out of us. He also planning raising the China tariffs another 10%.

If anyone understand business it starts with the importer and every middle man adds his markups and finally businesses like mine add our final markup. Otherwords the price I pay is markup by my normal GPM and then sold.

Say I buy direct from the importer which previously had the item for $100 which is now at least $125 then I add my 35% GPM that item that was $153.85 is now $192.31. And this don't include shipping which must also be added depending on its cost. And then of the end consumer also has to pay the local sales taxes. It is the final consumer that is getting stabbed in the back. Basically on just this one item the consumer is now paying an extra $42+ using my local tax rate if I eat the shipping costs.

BTW I will too be paying for what voters decided, so they will just get what they asked for along with the rest of us. Sorry business is business. We are here to make money not to lose it.

What I see coming is not what any of us wanted but I am hoping it doesn't come to past though it probably will. Just have to deal with what we are now handed.
Funny this wasnt the long term result last time but there sure is a ton of pearl clutching going on...again...even with a track record to follow. Businesses adapt. They did in 2016 (bringing overall prices down, if you remember) and they will again, by manufacturing locally again to avoid tariffs. They then make more local jobs, fuel the economy, and the resulting tide rises all ships. But yeah...doom and gloom I guess.


#50

W

will55912

$4 gas??? Where are you located. In the midwest where I am at gas is from $2.70 to 3.10. Gas will be coming down because of the current oil glut, and it not because of Trump or "Drill baby drill either." The great achievement by any President in the last 30 years was Obama having 1% inflation at the most and very cheap interest rates. With the current political landscape, this will never happen again. Mark them as the good old days when it was happening.


#51

StarTech

StarTech

For me one of the problems will be the Spring and Summer peak repair season will be getting hit with all these price increases due the tariffs hitting at the same time. Yes prices will come down a little but it going to be hard to get those investment companies to give up the extra profits. I can just hear it now as all the complaining from the customers and myself. And it doesn't help that I be entering next year in the RED due to two A hole customers here. But at least it is at the break even level meaning right now it is under $1000 lost. First time in the 15 yrs I have been here.

As here groceries prices just started downward trend and now these tariffs threats and the potential labor shortages are just going drive them back up. It is bad enough with all the food recalls lately making it hard to know what to even trust as safe food to buy and eat. I remember the last time when a lot problems were created in Florida during the peak harvest season where crops had to just lay in the fields and rot because there were very workers to pick them. Now we have lost a huge crop of pecans in GA and a lot other fruit trees were heavily damaged and will take years to recover. Tariffs are not make them grow any faster to production age. On top that the weather is not cooperating either as I have lost my fruit crop the last 6 years due late Spring freezes and the Summer months turn off bone dry.

And we here are dropping from the highs in the 70's to the single digits the next few nights. Rough on the animals as they haven't gotten used to the low temps. Was suppose to be only in the low upper 20's last night and this morning it was 21.


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