More Staggering bidenomics

[joelbc1]

I bought my first house 40 years ago, and have owned 4 others since then. I'm familiar with interest rates over that time period. I'm not sure where I said 4% was the norm. Wait.... I didn't.

Biden and Congressional Democrats have the biggest responsibility for current consumer inflation, which definitely plays a role in housing costs. The price of petroleum affects everything, whether you want to believe it or not.

Bullshit.
I respectfully disagree. You are fishing but the lake is down the road. In all honesty, most of today’s construction costs exploded with Covid and the interruption of worldwide supply chains. My example would be the price of cedar fencing more than doubled in 12 months and cement costs jumped even more…plus you had to “commit” to a price and “get
on a list” to get this work done…Long before Biden and Democrats were responsible.

 

[Finance85]

Bullshit.
I respectfully disagree. You are fishing but the lake is down the road. In all honesty, most of today’s construction costs exploded with Covid and the interruption of worldwide supply chains. My example would be the price of cedar fencing more than doubled in 12 months and cement costs jumped even more…plus you had to “commit” to a price and “get
on a list” to get this work done…Long before Biden and Democrats were responsible.

You are going to believe what you believe. I can't help you with that. The numbers and many economists support that position. The timeline also supports that position. If you want to graph the rise in national debt, petroleum prices, and inflation for yourself, please do so.

 

[joelbc1]

You are going to believe what you believe. I can't help you with that. The numbers and many economists support that position. The timeline also supports that position. If you want to graph the rise in national debt, petroleum prices, and inflation for yourself, please do so.

Phuquin’ gas prices were down because of Covid for the most part. Folks were not traveling and gasoline demand was low. Plus the Saudis and Iranians were pumping gasoline like it was water. Your prices are pump are what they are because the Arabs want it that way. Arabs pump, price goes down. Arabs reduce production….price goes up. Pretty simple.