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It is true. IN the last 1 month the price of steel has tripled. Try it.. Go buy some metal from ace. It will be 3 times the price it should be.
A 10 foot piece of 1.25 conduit is 25 dollars.
That is fucking crazy. Steel is a basic comodoity for our economy. I have seen gas prices go up before and that is bad enough. But I have never seen the price of a basic material such as steel triple in cost so quickly.. And the thing that really makes me nervous is that both gas and steel are going up very quickly at the same time. I think this spells major trouble for the economy..
And yes, I am sure that Bush does know things we don't. I trust him and he said in the beginning of this war that it would take a long time. 5 - 10 years maybe. I guess we will just have to hunker down and bite the bullet.
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