Saturday, May 17, 2008

This is called ‘Progress’

Prices up, profits up: businesses pass on cost of economic crunch to the consumer

Concern is rising that consumers rather than businesses are bearing the full cost of the credit and raw material crunches that are destabilising the world economy and threatening to plunge some countries, including Britain, into recession. One step forward Two steps back !

Posted by plato @ 09:41 PM (550 views)
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One thought on “This is called ‘Progress’

  • Is this news? The consumer always picks up the tab, or have I missed something just being an “ordinary” worker?

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