View Single Post
Old 05-23-2024, 08:30 AM   #10
John Mercier
Senior Member
 
Join Date: Jun 2021
Posts: 3,527
Thanks: 3
Thanked 628 Times in 517 Posts
Default

Quote:
Originally Posted by Major View Post
This is a natural consequence of inflation. Everything else is 30% or more expensive than it was before we destroyed our energy position. Unfortunately, we are only experiencing the tip of the iceberg. Things are going to get progressively worse unless we change our economic policies.


Sent from my iPhone using Tapatalk
Our energy position? We have record net exports in every category except coal. Coal net exports have yet to return to 2012 levels, but that is world demand... not something the US can control.

Our inflation is due to higher labor costs resulting from a smaller workforce... we pay a lot more for trades people... and higher quality/design on the materials side.

We know how to keep housing costs down... we just don't want to.
John Mercier is offline