Next Round of Inflation Inevitable…

[joelbc1]

The Cali fires are jacking your home insurance rates gigantically the next several years…the price of concrete and home building supplies is going to blow up abs result in shortages for years to come…plus incoming “tariffs” on products imported from Canada, Mexico and Asia…at a time when wood (Canada) , home appliances (Mexico) and home products (Asia) are going to be under great pressure both financially and supply chain wise. I remember a few years ago, following the hurricanes in Florida and coming out of Covid, I had to delay a fence project 9 months and the price of the project doubled.
Trump is going to have his work cut out for him Boyz. I believe in keeping all things fair… and in just a week or do, this is all gonna be Trump’s fault…just like Covid and hurricanes were Joe’s fault.

 

[noleclone2]

Hopefully when Trump gets in there we will see he actually has handlers now. The tariffs and immigrant deportation talk is definitely spoiling the economy and ramping up inflation concerns due to the specter of prices increasing and labor supply, so tamping it back down would be good.

The markets and economic predictors were happy with the election result but his asinine cabinet picks and statements are derailing it all….which is a bit funny since the behavior and picks were all completely predictable.

 

[Crafty Beaver]

The Cali fires are jacking your home insurance rates gigantically the next several years…the price of concrete and home building supplies is going to blow up abs result in shortages for years to come…plus incoming “tariffs” on products imported from Canada, Mexico and Asia…at a time when wood (Canada) , home appliances (Mexico) and home products (Asia) are going to be under great pressure both financially and supply chain wise. I remember a few years ago, following the hurricanes in Florida and coming out of Covid, I had to delay a fence project 9 months and the price of the project doubled.
Trump is going to have his work cut out for him Boyz. I believe in keeping all things fair… and in just a week or do, this is all gonna be Trump’s fault…just like Covid and hurricanes were Joe’s fault.

Covid was what got Joe elected in the first place. Covid was trumps fault.

 

[Huey Grey]

Trump will just shrug his shoulders and talk about how invading Hawaii and making it the 52nd state is a wise strategic move after we invade Alaska and make them our 67th state.

 

[Here_4_a_Day]

The Cali fires are jacking your home insurance rates gigantically the next several years…the price of concrete and home building supplies is going to blow up abs result in shortages for years to come…plus incoming “tariffs” on products imported from Canada, Mexico and Asia…at a time when wood (Canada) , home appliances (Mexico) and home products (Asia) are going to be under great pressure both financially and supply chain wise. I remember a few years ago, following the hurricanes in Florida and coming out of Covid, I had to delay a fence project 9 months and the price of the project doubled.
Trump is going to have his work cut out for him Boyz. I believe in keeping all things fair… and in just a week or do, this is all gonna be Trump’s fault…just like Covid and hurricanes were Joe’s fault.

Thanks jo and fellow incompetent marxists everywhere!!

 

[RollingBallofButcherKnives]

With any luck, he lets shit alone and goes golfing every day….🙏

I know, wishful thinking…

 

[Here_4_a_Day]

With any luck, he lets shit alone and goes golfing every day….🙏

I know, wishful thinking…

Why, when he's being handed another absolute calamity like 0boma did?

 

[What Would Jesus Do?]

The Cali fires are jacking your home insurance rates gigantically the next several years…the price of concrete and home building supplies is going to blow up abs result in shortages for years to come…plus incoming “tariffs” on products imported from Canada, Mexico and Asia…at a time when wood (Canada) , home appliances (Mexico) and home products (Asia) are going to be under great pressure both financially and supply chain wise. I remember a few years ago, following the hurricanes in Florida and coming out of Covid, I had to delay a fence project 9 months and the price of the project doubled.
Trump is going to have his work cut out for him Boyz. I believe in keeping all things fair… and in just a week or do, this is all gonna be Trump’s fault…just like Covid and hurricanes were Joe’s fault.

MAGA View 1: Trump is not responsible for the California fires, therefore everything you said is wrong.

MAGA View 2: If you deport millions of illegals, that's a lot of housing that becomes available, so prices will drop.

Liberal View: You neglected to mention that deporting millions of construction workers will make it more expensive to build new homes.

 

[RollingBallofButcherKnives]

Why, when he's being handed another absolute calamity like 0boma did?

My life is great, bud. I hope he goes golfing….

 

[Here_4_a_Day]

My life is great, bud. I hope he goes golfing….

Sure it is, pops!

 

[Obviously Oblivious]

Covid was what got Joe elected in the first place. Covid was trumps fault.

Viruses now dictate our political choices, bat flu doomed Donnie then bird flu sunk Joe because eggs. We’re living in the worst multiverse scenario. If RFK Jr. sets public health policy things may go completely off the rails here in conspiracy land.

 

[NorthernHawkeye]

The Cali fires are jacking your home insurance rates gigantically the next several year.

They've already increased "gigantically".

 

[hawkjt]

The very hot jobs report is sending tremors thru a market that fears the Fed is going to only cut rates once next year rather than a predicted 3 or 4.
Unemployment drops to 4.1
Wages continue rising at .3(3.6 annual).

Labor is a major element in inflation.
Can't have wages going up without inflation unless productivity spikes.

Benchmark final numbers for Biden:
Unemployment- 4.1
Final jobs numbers: 256,000
Total jobs created under Biden?
Huge.
Wage increase under Biden?
Huge.
Economic growth under Biden?
Strong.

Please beat these #s president-elect Trump.

 

[RollingBallofButcherKnives]

Sure it is, pops!

Wtf? You don’t believe me?

 

[What Would Jesus Do?]

Economist Richard Wolff thinks that Trump is most likely to implement his economy-destroying promises in token fashion only. To make a show of keeping his promises. He made those extravagant promises to win. He won. He can't run again. He doesn't need the voters any more.

The main value of those threats now is as negotiating tools vs other nations. Let's see what we get for them.

Wolff also says if he wrong about that and Trump actually does all the things he promised, we're possibly facing a world-wide depression at worst, a hugely damaged US at best.

 

[Here_4_a_Day]

Wtf? You don’t believe me?

You're retired and parked on HROT all day bitching about Trump rather than banging a 20something on a warm beach, so no, I don't believe you.

 

[Here_4_a_Day]

Economist Richard Wolff thinks that Trump is most likely to implement his economy-destroying promises in token fashion only. To make a show of keeping his promises. He made those extravagant promises to win. He won. He can't run again. He doesn't need the voters any more.

The main value of those threats now is as negotiating tools vs other nations. Let's see what we get for them.

Wolff also says if he wrong about that and Trump actually does all the things he promised, we're possibly facing a world-wide depression at worst, a hugely damaged US at best.

Why do you care? Your ilk wants him to fail, so you should be happy...burn it down, right?! 🤡

 

[What Would Jesus Do?]

Viruses now dictate our political choices, bat flu doomed Donnie then bird flu sunk Joe because eggs. We’re living in the worst multiverse scenario. If RFK Jr. sets public health policy things may go completely off the rails here in conspiracy land.

If enough humans die from preventable diseases, the rest of the world will be better off.

 

[RollingBallofButcherKnives]

You're retired and parked on HROT all day bitching about Trump rather than banging a 20something on a warm beach, so no, I don't believe you.

Haha. Ok bud.

 

[What Would Jesus Do?]

Why do you care? Your ilk wants him to fail, so you should be happy...burn it down, right?! 🤡

Pretty much.

But it's like I said about Milei in Argentina: I'm curious to see what happens.

If/when Trump does what he has promised, there are likely to be a few good outcomes - but what will they be, and for whom?

Nearly half of America didn't vote for what's coming, and a bunch more were too deep in their echo chamber to realize that they aren't likely to benefit from cutting the safety net, drilling, and tax cuts for the rich.

 

[Here_4_a_Day]

Pretty much.

But it's like I said about Milei in Argentina: I'm curious to see what happens.

If/when Trump does what he has promised, there are likely to be a few good outcomes - but what will they be, and for whom?

Nearly half of America didn't vote for what's coming, and a bunch more were too deep in their echo chamber to realize that they aren't likely to benefit from cutting the safety net, drilling, and tax cuts for the rich.

That's cool.......since most of Cali voted for what they're getting!

 

[joelbc1]

They've already increased "gigantically".

You ain’t seen nothing yet!

 

[What Would Jesus Do?]

That's cool.......since most of Cali voted for what they're getting!

And black is white?

California is reputed to be among the best on environmental issues. They may have made mistakes but they definitely don't deserve this.

 

[joelbc1]

Why do you care? Your ilk wants him to fail, so you should be happy...burn it down, right?! 🤡

Explain to me how the Trump economic plan he ran on will mean economic success and ending inflation in America? It’s all based on inflationary economic policies ( tax cuts, deportation of workers and tariffs).

 

[Here_4_a_Day]

And black is white?

California is reputed to be among the best on environmental issues. They may have made mistakes but they definitely don't deserve this.

Deserve has nothing to do with it.......but they sure did it to themselves.....

 

[Here_4_a_Day]

Explain to me how the Trump economic plan he ran on will mean economic success and ending inflation in America? It’s all based on inflationary economic policies ( tax cuts, deportation of workers and tariffs).

30,000,000 ILLEGALS is what's causing inflation, honus! When they are deleted from the dole, taxes can be cut!

 

[joelbc1]

30,000,000 ILLEGALS is what's causing inflation, honus! When they are deleted from the dole, taxes can be cut!

WTF???

 

[What Would Jesus Do?]

Explain to me how the Trump economic plan he ran on will mean economic success and ending inflation in America? It’s all based on inflationary economic policies ( tax cuts, deportation of workers and tariffs).

It's simple, really. Fomenting a depression is a sure-fire way to kill inflation.

It will also be good for the environment.

And if you are rich, think of all the bargains you'll be able to snap up.

Of course if we dodge a depression (or a really bad recession) what you said is correct.

 

[NorthernHawkeye]

You ain’t seen nothing yet!

Joel, my rates have already gone through the roof. More than tripled from a few years ago.

 

[joelbc1]

Joel, my rates have already gone through the roof. More than tripled from a few years ago.

Yep…now mine haven’t tripled but they have increased as have my car rates…. But if you think insurance rates are high… just wait and see what happens in a couple of years when this shit comes due! And IF you will be able to find an insurer. Insurance is purely $$$ driven and$$ doesn’t give a shit.

 

[What Would Jesus Do?]

Yep…now mine haven’t tripled but they have increased as have my car rates…. But if you think insurance rates are high… just wait and see what happens in a couple of years when this shit comes due! And IF you will be able to find an insurer. Insurance is purely $$$ driven and$$ doesn’t give a shit.

Home insurance up 55% in 4 years for me.

 

[Crafty Beaver]

Economist Richard Wolff thinks that Trump is most likely to implement his economy-destroying promises in token fashion only. To make a show of keeping his promises. He made those extravagant promises to win. He won. He can't run again. He doesn't need the voters any more.

The main value of those threats now is as negotiating tools vs other nations. Let's see what we get for them.

Wolff also says if he wrong about that and Trump actually does all the things he promised, we're possibly facing a world-wide depression at worst, a hugely damaged US at best.

So, this is a good thing right?

 

[Finance85]

OP is using the term 'inflation' incorrectly. While some costs will go up, costs of all goods can't increase without an increase in the money supply.

BTW, insurance costs are capped in California. That's why so many long time insurers have left the market in the last year. That should be a lesson on what happens when the markets are interfered with by governments.

 

[What Would Jesus Do?]

So, this is a good thing right?

Yes. Trump's promises are mostly dangerous. So if he only delivers in token fashion, things should be better than if he goes full steam ahead.

But a lot of folks will be very disappointed.

 

[bhawk24bob]

I don't think that a few thousand homes in California needing to be rebuilt is going to drive up the price of building materials....

 

[Hans81]

The Cali fires are jacking your home insurance rates gigantically the next several years…the price of concrete and home building supplies is going to blow up abs result in shortages for years to come…plus incoming “tariffs” on products imported from Canada, Mexico and Asia…at a time when wood (Canada) , home appliances (Mexico) and home products (Asia) are going to be under great pressure both financially and supply chain wise. I remember a few years ago, following the hurricanes in Florida and coming out of Covid, I had to delay a fence project 9 months and the price of the project doubled.
Trump is going to have his work cut out for him Boyz. I believe in keeping all things fair… and in just a week or do, this is all gonna be Trump’s fault…just like Covid and hurricanes were Joe’s fault.

I stopped reading after your first sentence that said California fires will jack up my home owners insurance. No, such premiums are based mostly on catastrophes/losses per state.