What's up with Macs/Ecklers

[Synchro909]

You guys are not alone with those issues - shortages and shipping problems. It's just the same here.
Just this morning, I read an article called "The Great Resignation" which was all about how after this COVID thing, many people are reassessing their work/life balance are resigning from their jobs realising that they will have enough in a much less stressful job and that there is no point working your ass off just for the extras. They realise they don't NEED the big house, the fancy clothes, the overseas holidays or the dinning out. We are in for a fundamental change to society. Get used to it!

[Jeff/Illinois]

Originally Posted by Synchro909

You guys are not alone with those issues - shortages and shipping problems. It's just the same here.
Just this morning, I read an article called "The Great Resignation" which was all about how after this COVID thing, many people are reassessing their work/life balance are resigning from their jobs realising that they will have enough in a much less stressful job and that there is no point working your ass off just for the extras. They realise they don't NEED the big house, the fancy clothes, the overseas holidays or the dinning out. We are in for a fundamental change to society. Get used to it!

Synchro well said, and the same thing is happening here especially in the Midwest. As a rule, we are usually more careful with debt and such than people on the coasts.

I've often said 'WHY do these people building houses today have to have two story 5,000 sq. ft. five bedrooms four bathroom houses, and they usually have no kids or maybe one?? You see that a lot in Peoria and the Chicago suburbs. Interest rates are low so people are building these huge houses they have no need for, hoping they will go up in value I guess and they can unload them on some sucker.

That may be about ready to backfire on big homeowners as utility rates are supposed to skyrocket (natural gas prices have doubled in the last 8 mos., electricity will quadruple if they go to all wind turbine power) and this week our tax guy said that our property taxes are going up next year, by anywhere from 25-100%, because 'houses are worth so much more $$ now and we are re-appraising them.'

"It's silly as having one sole object in life, accumulating wealth. All you really need is a small house to get in out of the weather, to get cleaned up, and sleep in a warm dry bed, and something to eat, and some warm clothes. Everything else is a farce, a waste." Johnny Carson. Midwest Nebraska boy born and raised.

[McMimmcs]

Originally Posted by Jeff/Illinois

Synchro well said, and the same thing is happening here especially in the Midwest. As a rule, we are usually more careful with debt and such than people on the coasts.

I've often said 'WHY do these people building houses today have to have two story 5,000 sq. ft. five bedrooms four bathroom houses, and they usually have no kids or maybe one?? You see that a lot in Peoria and the Chicago suburbs. Interest rates are low so people are building these huge houses they have no need for, hoping they will go up in value I guess and they can unload them on some sucker.

That may be about ready to backfire on big homeowners as utility rates are supposed to skyrocket (natural gas prices have doubled in the last 8 mos., electricity will quadruple if they go to all wind turbine power) and this week our tax guy said that our property taxes are going up next year, by anywhere from 25-100%, because 'houses are worth so much more $$ now and we are re-appraising them.'

"It's silly as having one sole object in life, accumulating wealth. All you really need is a small house to get in out of the weather, to get cleaned up, and sleep in a warm dry bed, and something to eat, and some warm clothes. Everything else is a farce, a waste." Johnny Carson. Midwest Nebraska boy born and raised.

and I’m sure you don’t buy luxury items like a Model A! Hahaha

[V8COOPMAN]

.

Yup! We've all heard the phrase...."Momma said if ya can't say something nice, then don't say nothin'! Well, I finally had it with Ecklers back in 1991 when I was spending a small fortune on Corvette stuff. I've been trying to think of something NICE or GOOD to say about that bunch ever since, yet it's easy to see that nothing has changed in those 30 years down there. And when I heard that Mac's was going under the Eckler flag a while back now......well, that hasn't turned-out so well either, as I predicted. I guess there will always be those few that think the service is great (waiting on phone, wrong parts or out of stock, or self-generating orders out of thin air.....PLUS, YOU get to pay the return freight. And how about those "REALLY FAIR" freight charges in general that Mac's is infamous for, especially when the wrong part is shipped & YOU get to pay for the return and subsequent freight? I can, and have repeatedly made NICE comments about a few great dealers out there that go the extra mile to deserve praise, like Michael Driskell at 3rd Gen, & MAC VanPELT with their respective friendly and knowledgeable services and parts! DD

[Jeff/Illinois]

Originally Posted by McMimmcs

and I’m sure you don’t buy luxury items like a Model A!

Oh yeah

Hey driving a 90 year old clunker vs. a 2022 brand new car,,,,,,, yeah I'd say we're being careful with our $$!!

If you think how much depreciation we eat on a new car in the first two-three years, you can buy a pretty nice Model A Ford for that

[Terry, NJ]

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Originally Posted by Synchro909

You guys are not alone with those issues - shortages and shipping problems. It's just the same here.
Just this morning, I read an article called "The Great Resignation" which was all about how after this COVID thing, many people are reassessing their work/life balance are resigning from their jobs realising that they will have enough in a much less stressful job and that there is no point working your ass off just for the extras. They realise they don't NEED the big house, the fancy clothes, the overseas holidays or the dinning out. We are in for a fundamental change to society. Get used to it!

Yeah, yeah! That's just great...... for now! But situations change. Sometime in the next five years when all this prosperity ends, they're going to wish they had a savings/cushion to land on. I really hate to say it, but, our workforce is made up of so many foreign born people who've never been through the boom and bust cycles and they think it will always be this way. Not so, my friend! Then it will be all over but the crying, and the cries for socialism will the loudest. Our forefathers told us to make hay while the sun shines and living on a govt. handout is not prosperity. All it means is more Bills in Congress for more welfare and bigger handouts and more "funny money" inflation. Not to mention the accompanying shortages of everything from food to housing and spare parts No one has ever taxed themselves into prosperity.
Terry

[Synchro909]

Originally Posted by Terry, NJ

Yeah, yeah! That's just great...... for now! But situations change. Sometime in the next five years when all this prosperity ends, they're going to wish they had a savings/cushion to land on. I really hate to say it, but, our workforce is made up of so many foreign born people who've never been through the boom and bust cycles and they think it will always be this way. Not so, my friend! Then it will be all over but the crying, and the cries for socialism will the loudest. Our forefathers told us to make hay while the sun shines and living on a govt. handout is not prosperity. All it means is more Bills in Congress for more welfare and bigger handouts and more "funny money" inflation. Not to mention the accompanying shortages of everything from food to housing and spare parts No one has ever taxed themselves into prosperity.
Terry

I have always believed the truth in what my father used to say. There is nothing softer to fall back on than hard cash!
IMO, it will only take a war or serious economic crisis for this house of cards to come crashing down. That's when those who have a few $ in reserve will rise. When I was studying in the late 60s, our lecturer in economics 101 told how during the depression, he bought bank accounts for sometimes 5% of face value. Once the banks were back on their feet, he had made a very nice profit. During the GFC, many people from here bought real estate in the US. Rental returns are astronomical compared to what they would get here (about 3% pa) and the potential for capital gain was very high.
I guess what I'm saying is that opportunity awaits in adversity.

[Terry, NJ]

Originally Posted by Synchro909

I have always believed the truth in what my father used to say. There is nothing softer to fall back on than hard cash!
IMO, it will only take a war or serious economic crisis for this house of cards to come crashing down. That's when those who have a few $ in reserve will rise. When I was studying in the late 60s, our lecturer in economics 101 told how during the depression, he bought bank accounts for sometimes 5% of face value. Once the banks were back on their feet, he had made a very nice profit. During the GFC, many people from here bought real estate in the US. Rental returns are astronomical compared to what they would get here (about 3% pa) and the potential for capital gain was very high.
I guess what I'm saying is that opportunity awaits in adversity.

There is no security, only opportunities
Terry