Rising Prices

bbncal02

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It will get worse. I'm a very small manufacturer of lamp shades. My raw products have doubled in the past year. It goes up every time I buy. I've already been told to expect a substantial increase next time I buy. I suspect it's that way with all goods. BTW orders used to ship in a few days. Now it's a few months.
We’re headed towards another huge recession.

Yay. Be like number three in what 10 years? Ridiculous.

At this rate there will be a French style revolution in the US.
 
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Monroe Claxton

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Trump set up Biden to fail and Putin is making sure he does.

Bernie Sanders has a plan to beat inflation. Tax the billionaires and send $10,000 monthly stimulus checks to the working man
 
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bbncal02

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Trump set up Biden to fail and Putin is making sure he does.

Bernie Sanders has a plan to beat inflation. Tax the billionaires and send $10,000 monthly stimulus checks to the working man
I don’t know about 10k. But I think a couple of more stimulus could do a world of good. Especially for folks still trying to pull themselves out of pandemic losses.
 
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bigsmoothie

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I don’t know about 10k. But I think a couple of more stimulus could do a world of good. Especially for folks still trying to pull themselves out of pandemic losses.
Just think how much milk you could buy with that.
 

Fact_Checker

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Was he an imbecile, though? A jackass, yes. An immature child at times, absolutely. I think we ALL wish he'd shut his mouth sometimes.

But he did a lot of things right. Hard for me to think that 2016 to 2020 wasn't going pretty well. We were hammering china on trade and then a Pandemic hit. I'd trade Biden for that imbecile in a heart beat.
He's an embecile. Blind squirrels find nuts from time to time too. Also he tried to subvert democracy as well so he's never getting a lot of people's vote who would otherwise vote Republican. Find someone else.
 

JoeSwag

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He's an embecile. Blind squirrels find nuts from time to time too. Also he tried to subvert democracy as well so he's never getting a lot of people's vote who would otherwise vote Republican. Find someone else.
“Subvert democracy.” 😂🖕 You all spied on the man, created a hoax to try and impeach constantly because you lost despite your corruption, illegally changed election laws to get these extended dates and mail-in votes to cheat your *** off to get this fraud in office then fought to be as least transparent as possible about it.

No one legitimately believes this 80 something moron got more votes than any candidate in history. You all are so insane that you wanted to crash the plane just cause you didn’t like the pilot.

And even after all of the destruction your party has done to this country the last two years, you try to gaslight people into thinking it’s alright? 😂🤦‍♂️
 
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DSmith21

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I get sticker shock everytime I go to the grocery store and the total comes up. Inflation is the highest it's been in my entire adult life. (and I am OLD)

If one more influencer or politician tells me it's Putin's fault, or it's an overdue adjustment I might lose it.

This administration/HOR/Senate is the worst conglomeration I've ever seen. Even by DC standards it's peerless in it's ineptitude.

And it's not just the present state of affairs, although that is singularly bad, it's the breath-taking speed with which they've f***ed it up. If they had done NOTHING; just switched it on auto-pilot and went to lay down for a 2 year nap, we'd be better off than where we currently stand.
I was a kid in the late 70's and early 80's. Jimmy Carter's 13%-14% annual inflation sucked as did +15% mortgage rates. Biden is Carter 2.0.
 

gobigbluebell

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It was damn near impossible before the inflation. I live in a relatively low cost of living city, compared to the national average - 93.6 vs. 104.63 COL index, the lower the better.

Even before, unless you wanted to rent an apartment that was so bad it should be condemned and wiped off the face of the earth, you were having to pay at least $800 in just rent a month.

If one were to make the $15.97 living wage* as a single person, after taxes it's only 12.28/hour. It would take 61.5 hours a month to pay off just the rent. You're working 1.5 weeks just to pay nothing but rent. And there's a whole lot of damn jobs around here that don't pay $15.97 an hour. And I'm not talking entry level, low skill, summer job for students type jobs either.

Single person with one child? Well living wage is $31.03, which is 64,524 a year. Two adults and a child? 24.54, or 51,043 a year. Even a lot of the high paid trade skills positions require an advanced skill set/certification that is obtained through a trade program thru the local community college.

*https://livingwage.mit.edu/

How long did they live rent free during the pandemic?

How much did their benefits increase?

…assuming they get benefits.

I don’t have a clue, but it absolutely blows my mind how much people don’t want to work. It must not be worth it to some people, and I assume it’s because they’re getting some good free money.

How many local landlords sold out to larger companies? I know it happened around here. Local couple sold a whole package of rental units to some large out of state company for stupid money.

This whole ordeal was a huge shot in the arm for those who wish to fundamentally change this country….which is what a certain group of elected officials have been screaming about for a long time now.
 

hmt5000

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HInt.... 2021 and 2022 aren't going to be any better. Inflation is too many dollars chasing too few goods. You cant increase money in circulation like this without consequences.
 

Mdnerd

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I think your posts would be a lot more accurate if you started or finished with “in my opinion”.

I would do that if I could put the blinders on and not see what’s right in front of our faces. Some here are pretty good at that, I’m just not one of them.

I also do not recall you saying “in my opinion” when telling me I’m wrong…
 
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Mdnerd

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Yeah. If dude has 20/20 vision of the future, I'd appreciate some stock tips.

Weird that you think I’m predicting the future when discussing what’s happening today. It’s almost as if you have no idea what you’re talking about.
 

Gromcat_rivals

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Hate to get political but everything Biden does economically is a disaster. If your agenda is to stay in power instead of helping the people the people will make the correct adjustments.

People allowed themselves to be duped over social issues that don’t even exist. If they voted for this don’t cry about it. And the ones tha LT literally move out of states that push this nonsense and end up voting the same way in alternative states need to be dealt with in some way. They’re just ruining everything.
 

IdaCat

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He's an embecile. Blind squirrels find nuts from time to time too. Also he tried to subvert democracy as well so he's never getting a lot of people's vote who would otherwise vote Republican. Find someone else.
If you morons cared about policies and results as much as your emotional ********, we could fix this country. The establishment will not tolerate an America first outsider. It impedes their corruption. So corrupt, incompetence is what we’ll continue to get because it’s what you idiots want.
 
Jun 11, 2012
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Paying $15 an hour at McDonalds might be a large part of the problem for your chicken nuggets.

Wages have skyrocketed because nobody wants to work. Some prices won't come down because the aren't going to decrease the pay. The middle class that isn't getting huge raises like the lower wage earners, will get shafted. Meanwhile, the lower class will enjoy a short lived raise since the price of everything has shot up thus keeping them in the same spot they were before the crazy wage increases.
 

Gromcat_rivals

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He's an embecile. Blind squirrels find nuts from time to time too. Also he tried to subvert democracy as well so he's never getting a lot of people's vote who would otherwise vote Republican. Find someone else.

You are an absolute idiot.

Easy way to know you’re an idiot? When Texans and Floridians are moving out of their states and into states controlled by your type, let me know. When Arizonans are moving out of their state and into California at alarming rates let me know. When Tennesseans are moving out and relocating in Illinois let me know.

I’m really having a hard time believing people can be as stupid as you but you keep proving me wrong.
 
Mar 23, 2012
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Paying $15 an hour at McDonalds might be a large part of the problem for your chicken nuggets.

Wages have skyrocketed because nobody wants to work. Some prices won't come down because the aren't going to decrease the pay. The middle class that isn't getting huge raises like the lower wage earners, will get shafted. Meanwhile, the lower class will enjoy a short lived raise since the price of everything has shot up thus keeping them in the same spot they were before the crazy wage increases.
Washington DC has a minimum wage of $15. A 20-piece McNuggets (no meal, just the "chicken") is $7.49 before taxes at the random DC store I selected.

Now in Cheyenne, Wyoming, which has a minimum wage of $7.25, which is equal to the federal minimum wage, a $20 piece McNuggets at a random McDonald's location before taxes is $6.59.

So in DC, it only costs 90 cents more (or 13.66% more) for the same 20-piece McNuggets that you can get in Cheynne, Wyoming, yet a McDonald's employee earning minimum wage in DC makes more than double what the someone doing the same job in Cheyenne, Wyoming, does.
 
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Laparkafan

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Washington DC has a minimum wage of $15. A 20-piece McNuggets (no meal, just the "chicken") is $7.49 before taxes at the random DC store I selected.

Now in Cheyenne, Wyoming, which has a minimum wage of $7.25, which is equal to the federal minimum wage, a $20 piece McNuggets at a random McDonald's location before taxes is $6.59.

So in DC, it only costs 90 cents more (or 13.66% more) for the same 20-piece McNuggets that you can get in Cheynne, Wyoming, yet a McDonald's employee earning minimum wage in DC makes more than double what the someone doing the same job in Cheyenne, Wyoming, does.
20 piece McNuggets where I live is 6.19 and I believe our McDonald’s start at $14 an hour
 
Mar 23, 2012
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Also, this. I had been wondering why the labor shortage persists despite the unemployment rate being like the lowest it has been in 50 years, appears it's because of the cutdown in immigrants coming in.

Less immigrant labor in US contributing to price hikes

Just 10 miles from the Rio Grande, Mike Helle’s farm is so short of immigrant workers that he’s replaced 450 acres of labor-intensive leafy greens with crops that can be harvested by machinery.

In Houston, Al Flores increased the price of his BBQ restaurant’s brisket plate because the cost of the cut doubled due to meatpacking plants’ inability to fully staff immigrant-heavy production lines. In the Dallas area, Joshua Correa raised prices on the homes his company builds by $150,000 to cover increased costs stemming partly from a lack of immigrant labor.

After immigration to the United States tapered off during the Trump administration — then ground to a near complete halt for 18 months during the coronavirus pandemic — the country is waking up to a labor shortage partly fueled by that slowdown.

The U.S. has, by some estimates, 2 million fewer immigrants than it would have if the pace had stayed the same, helping power a desperate scramble for workers in many sectors, from meatpacking to homebuilding, that is also contributing to supply shortages and price increases.

“These 2 million missing immigrants are part of the reason we have a labor shortage,” said Giovanni Peri, an economist at the University of California at Davis, who calculated the shortfall. “In the short run, we are going to adjust to these shortages in the labor market through an increase in wages and in prices.”

The labor issues are among several contributors to the highest inflation in 40 years in the United States — from supply chains mangled by the pandemic to a surge in energy and commodity prices following Russia’s invasion of Ukraine.

Steve Camarota, a researcher at the Center for Immigration Studies, which advocates for less immigration, believes a spike in illegal immigration under President Joe Biden will make up whatever shortfall lingers from the pandemic. He also contends wage increases in low-paying sectors like agriculture are minor contributors to inflation.

“I don’t think wages going up is bad for the poor, and I think mathematically it is not possible to drive down inflation by limiting wages at the bottom,” Camarota told The Associated Press.

Immigration is rapidly returning to its pre-pandemic levels, researchers say, but the U.S. would need a significant acceleration to make up its deficit. Given a sharp decline in births in the United States over the past two decades, some economists forecast the overall pool of potential workers will start shrinking by 2025.

Click the link for the rest of the article
 
Mar 23, 2012
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20 piece McNuggets where I live is 6.19 and I believe our McDonald’s start at $14 an hour
It's $6.99 here and the VA minimum wage is $9. Don't know what they actually start employees at, though I do know the local chain food establishments that have always paid like **** still have been pretty hesitant to raise prices around here.

But I've also heard this is a chicken shortage? Probably has more than anything else to do with higher prices for chicken nuggets.
 

Laparkafan

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It's $6.99 here and the VA minimum wage is $9. Don't know what they actually start employees at, though I do know the local chain food establishments that have always paid like **** still have been pretty hesitant to raise prices around here.

But I've also heard this is a chicken shortage? Probably has more than anything else to do with higher prices for chicken nuggets.
Ya I think the chicken shortage has a lot to do with it - a small bag of Tyson chicken tenders used to be 6-7 bucks now it’s around 10
 
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bbncal02

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It's $6.99 here and the VA minimum wage is $9. Don't know what they actually start employees at, though I do know the local chain food establishments that have always paid like **** still have been pretty hesitant to raise prices around here.

But I've also heard this is a chicken shortage? Probably has more than anything else to do with higher prices for chicken nuggets.
Yep. Bird flu ravaged a bunch of chicken farms.
 
Mar 23, 2012
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Ya I think the chicken shortage has a lot to do with it - a small bag of Tyson chicken tenders used to be 6-7 bucks now it’s around 10
Interestingly, a 20-piece McNugget is only $6.00 in San Francisco and $6.19 in Honolulu, two of the most expensive places in the US. Wonder how they manage to be so much less than where I live??
 
Mar 23, 2012
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Y’all think there’s actual chicken in there.

🤣 🤣 🤣 🤣
Chicken nuggets are made with white chicken meat that comes from the breast or pectoral muscles of the birds, and other chicken parts can be mixed in as well. Tendons, bones, nervous and connective tissues, and fat can all be ground up together before being shaped into those bite-sized pieces. One study found that chicken nuggets contained more fat than meat, "along with... bone, nerve, and connective tissue."

 

kyblue'92

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Soaring rates with USPS. Needless to say quality of service not rising with the costs.

 

hmt5000

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Paying $15 an hour at McDonalds might be a large part of the problem for your chicken nuggets.

Wages have skyrocketed because nobody wants to work. Some prices won't come down because the aren't going to decrease the pay. The middle class that isn't getting huge raises like the lower wage earners, will get shafted. Meanwhile, the lower class will enjoy a short lived raise since the price of everything has shot up thus keeping them in the same spot they were before the crazy wage increases.
Weird. Marx said that the middle class was buffer for the poor to revolt against the rich. If you want a Marxist revolution you have to get rid of your middle class.