Rising Prices

Mar 23, 2012
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“nobody wants to work” is an odd argument when the unemployment rate is 3.5%.
Need more immigrants

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



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jameslee32

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So, I’m opening a thread to vent about rising prices. Because this crap is insane.

A small drink, a candy bar, and a bag of chips cost me nearly 9.5 bucks. Absolutely insane.

Gas is over 4.10 in my hometown. I’ve been driving 23 years and can never remember a time I’ve hated getting in my car so much. I can just see my bank account drain every time I drive to work.

What are some other examples you all have run into that have just blown your mind lately?
Cry me a river. How quickly do they forget 2008. Anyone who's bought a gas guzzler since then is getting exactly what's coming to them.
 
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hmt5000

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“nobody wants to work” is an odd argument when the unemployment rate is 3.5%.
Having a job and working isn't the same thing. We have more employees than we did 5 years ago but can't get 80% of the work done we used to. Guys wanna take 15 minute breaks every hour and hour long lunch. They show up 5 minutes late and leave 20 minutes early.

But that 3.5% # is as bad as their inflation #. You really need to double both to get anywhere near an accurate #.
 

bbncal02

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Cry me a river. How quickly do they forget 2008. Anyone who's bought a gas guzzler since then is getting exactly what's coming to them.
I haven’t forgotten 2008. I have a sedan and I’m starting to feel the pinch. I don’t see how these people with SUVs are surviving.
 

hmt5000

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Cry me a river. How quickly do they forget 2008. Anyone who's bought a gas guzzler since then is getting exactly what's coming to them.
Everyone should buy $70000 electric vehicles that will have a 1 year wait list to take possession. I hope your hate gets you through the pain we are all gonna be feeling this summer and fall. Hope it keeps you warm this winter too.
 

jameslee32

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Everyone should buy $70000 electric vehicles that will have a 1 year wait list to take possession. I hope your hate gets you through the pain we are all gonna be feeling this summer and fall. Hope it keeps you warm this winter too.
My cars are 4-cylinder but I know a couple who got rid of their Expedition and bought a Suburban but STILL drive like idiots. They have just one child. But I feel your pain. Just don't expect any sympathy from me.
 
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bbncal02

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My cars are 4-cylinder but I know a couple who got rid of their Expedition and bought a Suburban but STILL drive like idiots. They have just one child. But I feel your pain. Just don't expect any sympathy from me.

Murican way. Drive big cars that very few need. Don’t get me wrong, if you can actually afford it, go for it. Most can’t.
 

hmt5000

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My cars are 4-cylinder but I know a couple who got rid of their Expedition and bought a Suburban but STILL drive like idiots. They have just one child. But I feel your pain. Just don't expect any sympathy from me.
Back at you. When this economy gets worse and food prices continue to rise and electric keeps getting higher and death rates around the world get worse.... Im going to point at you with every bit of bad news because you voted for this.
 

Nightwish84

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Having a job and working isn't the same thing. We have more employees than we did 5 years ago but can't get 80% of the work done we used to. Guys wanna take 15 minute breaks every hour and hour long lunch. They show up 5 minutes late and leave 20 minutes early.
You say "Guys" do this, so all guys? How many exactly? Who is "they"? Who believes they're entitled to all these 15 minute breaks? Are you just talking about someone at your workplace? Kindly stop pulling random numbers out of your *** and acting as if it's fact. Thanks.

Back at you. When this economy gets worse and food prices continue to rise and electric keeps getting higher and death rates around the world get worse.... Im going to point at you with every bit of bad news because you voted for this.
The "grr im going to point to you (are you Hulk Hogan?) because you did this!!!" apocalyptic line continues to be hilarious. It's, dare I say, sheepish, to take every bad thing that's happening in the world, big and small, and attach it to one person you hate and then repeat the same BS line you and a couple others continue to use, which is "YOU VOTED FOR THIS". I know that occurs no matter who is in office, but it's a lame excuse people use when they're still pissed their team captain didn't win. I'd wager that between 2016 to 2020 you attached no blame for anything whatsoever to Trump, while pushing all blame for everything under the sun to Biden the moment he was sworn in. Sorry your old man couldn't beat the current old man. Maybe another old man will win next time.
 

hmt5000

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You say "Guys" do this, so all guys? How many exactly? Who is "they"? Who believes they're entitled to all these 15 minute breaks? Are you just talking about someone at your workplace? Kindly stop pulling random numbers out of your *** and acting as if it's fact. Thanks.


The "grr im going to point to you (are you Hulk Hogan?) because you did this!!!" apocalyptic line continues to be hilarious. It's, dare I say, sheepish, to take every bad thing that's happening in the world, big and small, and attach it to one person you hate and then repeat the same BS line you and a couple others continue to use, which is "YOU VOTED FOR THIS". I know that occurs no matter who is in office, but it's a lame excuse people use when they're still pissed their team captain didn't win. I'd wager that between 2016 to 2020 you attached no blame for anything whatsoever to Trump, while pushing all blame for everything under the sun to Biden the moment he was sworn in. Sorry your old man couldn't beat the current old man. Maybe another old man will win next time.
You haven't been around jameslee much then. He loves to promote the grooming of children but then act like people support it when pubs get busted being pedos. Then we all condemn the pedo and hope he fries and ask him to the same and he just goes on to the next outrage moment. I realize it was pointless because he's not a serious person. But he is the exact kind of person that blindly votes for this stuff so I will do the "see I told you" when the inevitable crash happens.
 

P19978

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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.
Starting in Nov...
 

jameslee32

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You haven't been around jameslee much then. He loves to promote the grooming of children but then act like people support it when pubs get busted being pedos. Then we all condemn the pedo and hope he fries and ask him to the same and he just goes on to the next outrage moment. I realize it was pointless because he's not a serious person. But he is the exact kind of person that blindly votes for this stuff so I will do the "see I told you" when the inevitable crash happens.
Nice deflection from the gas prices conversation and interesting given my death penalty position.
 

Lexie's Dad

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I really wish we would start hearing the term “price gouging” more than “inflation.” There’s no doubt the government sucks and inflation is high, but when you see prices double/triple/quadruple, that’s price gouging. Not inflation.

If someone can raise the price that much and not see a drop in demand, they will. I paid attention that day in Economics 101.
So the demand curve just now became inelastic enough to all this? Caused by supply shocks.

Demand irrationally increasing allows "price gouging". If your opposition is based entirely on exploiting a person's inelastic demand for a necessity, the question comes to the old "mr=mc" outcome of price and quantity. Theoretically that allocates the resource most efficiently.

Supply shocks all around FTW combined with amplified AD and dreadful monetary policy. Joker Phillips with Billy Gillispie.
 

hmt5000

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Geez Louise. Talk about tone deaf.
Famine is considered less than 800 calories per day. Bidens own administration is predicting up to 1 billion people in famine this year. I'll bet that Ed won't cut his diet to 800 calories per day until all those people are fed first. I'd put tons of money on it.
 

P19978

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Can't believe no one has mentioned the loss of energy independence.

The px of energy affects EVERYTHING... and the fake POTUS evidently believes in closing pipelines and discouraging domestic energy production.
The unemployment number is basically just a made up number. People really should take economics classes. It should be a requirement.
The unemployment number is about as accurate as the CPI lol
 

hmt5000

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Diesel traded over $200 per barrel for a time today. A new record. This isn't stopping any time soon either. Buckle up gentlemen. Its going to be a bumpy 2 years.
 

Ahnan E. Muss

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I've lived away from Kentucky for nearly 30 years.

I fly back to KY every Christmas and also once most summers.

For Christmas, I've usually paid $300-$500 round trip, while for summer flights I've usually found cheaper routes - typically $250-$350 round trip.

I just looked for a flight to go back this summer. Best I found was about $1000, and that's with bad times and multiple stops.

I've never seen flights anywhere near this expensive. This can't be simple supply-and-demand or a result of increasing fuel prices. This looks like gouging and nothing more.
 

hmt5000

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I've lived away from Kentucky for nearly 30 years.

I fly back to KY every Christmas and also once most summers.

For Christmas, I've usually paid $300-$500 round trip, while for summer flights I've usually found cheaper routes - typically $250-$350 round trip.

I just looked for a flight to go back this summer. Best I found was about $1000, and that's with bad times and multiple stops.

I've never seen flights anywhere near this expensive. This can't be simple supply-and-demand or a result of increasing fuel prices. This looks like gouging and nothing more.
Russia went off the $ for its oil sales. Brazil dumped the $ for it's own currency. Japan has been dumping US treasuries the last month. We were getting inflation from bad policy the last year but it's going to be compounded by other countries dumping our dollar. All those dollars will find their way back to America. Inflation is too many dollars chasing too few goods. We have doubled our money supply the last few years and now billions are coming home. It's a double whammy.
 
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Mar 23, 2012
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Can't believe no one has mentioned the loss of energy independence.

The px of energy affects EVERYTHING... and the fake POTUS evidently believes in closing pipelines and discouraging domestic energy production.
The unemployment number is about as accurate as the CPI lol
The Keystone Pipeline wasn't going to be ready to go live for years and all the oil it was going to be transporting was for export.
 
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Mar 23, 2012
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I've lived away from Kentucky for nearly 30 years.

I fly back to KY every Christmas and also once most summers.

For Christmas, I've usually paid $300-$500 round trip, while for summer flights I've usually found cheaper routes - typically $250-$350 round trip.

I just looked for a flight to go back this summer. Best I found was about $1000, and that's with bad times and multiple stops.

I've never seen flights anywhere near this expensive. This can't be simple supply-and-demand or a result of increasing fuel prices. This looks like gouging and nothing more.
It wouldn't be capitalism if there wasn't price gouging
 
Mar 23, 2012
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Russia went off the $ for its oil sales. Brazil dumped the $ for it's own currency. Japan has been dumping US treasuries the last month. We were getting inflation from bad policy the last year but it's going to be compounded by other countries dumping our dollar. All those dollars will find their way back to America. Inflation is too many dollars chasing too few goods. We have doubled our money supply the last few years and now billions are coming home. It's a double whammy.
You're forgetting one pretty big part here.

Demand for goods started soaring once the last bad wave of the pandemic passed. Even if there hadn't been any extra money flowing around, that was going to cause prices to go up. The whole supply and demand thing after all.
 

hmt5000

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You're forgetting one pretty big part here.

Demand for goods started soaring once the last bad wave of the pandemic passed. Even if there hadn't been any extra money flowing around, that was going to cause prices to go up. The whole supply and demand thing after all.
How was there tons of demand if people were locked down and not working? Thats right... we were handing out checks to people sitting at home.

If you want more of something... subsidize it. If you want less.... tax it. Biden is wanting to tax production more while subsidizing laziness. We are technically going to get stagflation going forward because people are scared to do anything with their money on big investments.
 
Mar 23, 2012
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How was there tons of demand if people were locked down and not working? Thats right... we were handing out checks to people sitting at home.

If you want more of something... subsidize it. If you want less.... tax it. Biden is wanting to tax production more while subsidizing laziness. We are technically going to get stagflation going forward because people are scared to do anything with their money on big investments.
I said there was soaring demand "once the last bad wave of the pandemic passed." That means AFTER lockdowns. Do you not know how to read?