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oivey | 12 days ago
I think part of why this is hard to believe is that people strongly believe in the concept that time is money. On the margins for decisions like hiring someone to mow your lawn, it is true. For large scale things, you often cannot accelerate processes no matter how much money you dump into it. A good example of this is how long it has taken China to industrialize.
To be clear also, you have to prove your point that #2 is outpacing #1. The fact that the price keeps going up is not proof as there are other explanations. The poor quality of domestic manufacturers and their bad business practices, for example.
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