with Anthony Newcombe
Date: January 6, 2021
This month’s topic:
Hello 2022 … how is it different than 2021?
2020’s #NYE thought: “Wow, if we can just get to 2021, all will be fine!” And then, chaos on Capitol Hill. This, followed by the Delta variant incurring its wrath. Now it’s Omicron. “Wow, if we can just get to 2022, all will be just fine!” Well, what the h*ll are we supposed to do NOW?!
Last fall, others simply fretted over whether they would be able to exchange gifts over the holidays. Remember the shipping container fiasco? Will that holiday gift arrive on time? If so, when and how much more will it cost? Should I go onto Amazon.com like almost everyone else who used to shop in the brick-and-mortar retail stores? We better hope and pray these guys never need a government bailout!
Now, we’re in 2022 (exhale)
Factoid: we just tallied over 1 million new U.S. infections in one day earlier this week. Some Americans are having to wait in line for hours for COVID tests or pay up to $75 per testing kit at a local pharmacy. All this simply to determine whether or not they can return to work or send their kid(s) back to school for the new year. Worse yet, it looks like the few checks sent last year for childcare are instead being diverted to pay for overpriced groceries, gasoline, school supplies, medications – just to name a few.
So, with all this, one would think 2022 would bring about a “fix” for our problems. Well, with just a few days into the new year it doesn’t seem so, does it? Interest rate hikes are looming (and expected to rise beginning EOQ1 2022), gas prices are forecasted to hit $4.00/gallon (or more) in many states, which translates to practically $6.00/ gallon in some spots like California. Home prices are skyrocketing still, but let’s face it: who can really afford to move anywhere “cheaper” in the country?
See you next month (at the gas station)