Uncomfortable inflation is here, and it’s changing the economy

Gas is up $1.00 per gallon under Biden... 'nuff said.

 

No one has an exact date. I just spent 8 months waiting for outboard motors, but dealer said they are starting to arrive faster now. Lumber prices were out of control earlier this year due to lack of supply, but now the price is about a quarter of what it was earlier this year, or about same as in 2018. So, some products have already normalized, while others will take longer. If you read the news there is so much product sitting in cargo ships off US coast that the transportation system can't handle it. That means its working its way to the store shelves.

 

The natural state of the earth is to be paved. Let's get back to nature... like the Bronx.

 

Sitting offshore on a ship is "working its way to store shelves"??? Huh? What? And your claim about lumber being a quarter of it was earlier this year is so bogus as to defy the imagination.

 

Yet the only countries that have gotten near 100% green energy rely on hydroelectric and hydroelectric is an ecological disaster for local wildlife....but hey it is "green" that gets us to the arbitrary thresholds so screw the species adversely affected. Anyway, if you want to protect wilderness, the first thing should be to oppose the construction of any new highways or dams and place a heavy tax on the construction of any new building outside an existing urban area. That will do more for critters than making me pay a lot more to keep my house warm in the winter and cool in the summer.

 

right now people pay for the profits of the insurance corps, but if you want to buy private care, that is fine, I support a public option

 

I absolutely do oppose both of those things, and am totally against most forms of green energy including electric cars.

At the moment, the best source of energy we have is nuclear, until someone manages to get fusion working. Of course that comes with its own set of ecological problems, but until better solutions can be found, I think they are far less damaging than fossil fuels and “green” energy.

the real solution is lowering population and demand for energy, but that takes time unless draconian measures are imposed, which I do not support. Of course, if the problem is not solved by us, nature will take its course, and nature is very draconian when it comes to population dynamics.

 

Yes. Its very simple. The fact that the product is in cargo ships off out coast means it has been manufactured, and transported across the ocean and its just waiting to be unloaded.

Yes, there was a massive spike in lumber prices earlier this year, but it has pretty much sorted itself out.

 

Sitting in a ship is getting it to the store shelves? Ok... calmly.... step back from the bong....

Lumber is still expensive here... and we MAKE IT here.

 

#1 culprit of the current supply chain upset is apparently different consumption patterns among consumers and a supply chain that was "built for efficiency, not resilience." We have 300 million people buying different things now than they were before Covid, spending less on restaurants and other services than before Covid. So goes the explanation I've heard, anyway, which can be heard here in its entirety:

 

Yes, that is correct. Ports are operating 24/7, so even a child would understand that every ship will have their turn to be unloaded.

Man you sure are one pessimist fella. Haven't you read your Bible. It says to not worry, but you worry even about imagined things.

"For my yoke is easy and my burden is light" - JC

As I said, it was a HECK of a lot more expensive earlier this year. It says a lot about you that you make it there and yet you are so clueless about it.

Lumber price spike of 2021

 

What's the source for that info?

 

You do know that a health insurer must spend at least 80% of premiums on the actual health care, right? And out of that 20%, they have overhead.

Rate Review & the 80/20 Rule | HealthCare.gov

So their profit margin runs about 3%..... 2019 Health Industry Commentary.pub (naic.org)

Greedy SOBs, now aren't they?

 

I expect Biden, Pelosi, and Schumer to reverse course and announce new fiscally responsible measures to bring down inflation any day now.

Glad they’re looking out for us.

 

Thanks... we needed some humor here! LOLOL

 

I looked out the window; I saw no pigs flying

 

I agree with you on the destruction of habitats/wilderness. I also see that the rising gas prices affect the poor more. I do not know what the answer is, but I have been trying to reduce my own personal carbon footprint for the past decade.

what is the solution to this?

 

"The 80/20 Rule generally requires insurance companies to spend at least 80% of the money they take in from premiums on health care costs and quality improvement activities."

leaves wiggle room there

 

The best answer would be a reduction in population, which would mean a reduction in energy consumption. It is crazy how much energy goes into a person in a lifetime when you factor in all the goods ands services they use. But this is a long term goal, and not easy to achieve.

for energy sources available to us now, I think that nuclear is our best bet. This article highlights reasons why if you are interested.

https://www.google.com/amp/s/www.cn...clean-and-safe-why-arent-we-using-more-of-it/

It still has serious problems, but not nearly on the scale of fossil fuels and “green” energy. Per unit of energy produced, nuclear energy is far less harmful to human life and wildlife.

when things go wrong with nuclear, it is really bad for the local area, but does not cause nearly the wide scale destruction that fossil fuels do.

eventually hopefully fusion would take the place of nuclear, which will be even cleaner. I expect we will need better space exploration capabilities to be able to retrieve helium-3 from other planets for that to be feasible.

nuclear certainly is not a perfect solution, but is our best so far.

 

A piece of $2.7 billion in health insurance rebates could be coming (cnbc.com)
Consumers Get Rebates, More Premium Value and Stability Protection in 2014 (cms.gov)
These don't leave wiggle room.

 

A famous person once said, "Stupid is as stupid does". Of course the answer to inflation is to raise wages and then when prices increase again, raise wages again, and when prices increase again raise wages again, and when prices increase again, raise wages again. Oh, wait a minute, the left are going to take my post seriously.

 

So that's the reason for the supply chain crunch:

 

Domestic production decreased by record amount last year, but I wouldn't blame that on Trump. It was just another ice-cream cake which melted on his lap. He just happened to be in office when it happened.

 

yet we still have so much we are exporting it, fact is, until cheap foreign oil is ramped up, price will be higher.. thanks Trump

"Trump told Saudi: Cut oil supply or lose U.S. military support"

https://www.reuters.com/article/us-...se-u-s-military-support-sources-idUSKBN22C1V4

"Trump threatens 'very substantial' tariffs on imported oil if Saudi Arabia and Russia can't reach a deal to push prices back up"

https://www.insider.com/trump-threatens-saudi-arabia-russia-oil-tariffs-2020-4

 

Its one of the reasons. Ironically the same poster who complains about the crunch the loudest hailed it yesterday as proof of how well Texas is doing (consumers buying more than retailers can supply). Talk about trying to have it both ways.....