Home Insurance Increases

[Biggd]

Originally Posted by John Mercier

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.

He tries to turn every thread into a political one!

[Major]

Sorry John, I just don't buy it. You can obfuscate the issue with a lot of words and statistics adjacent to the issue, but the bottom line is that inflation was at 1.4% in January 2020, and after a dramatic increase in fuel costs, spiked to 9+% (probably a lot more than that since key indicators are not included). The inflation was caused by the amount it cost to manufacture and transport goods. The abandonment of our energy independence and the printing of money are the prime drivers of inflation.

[tis]

Originally Posted by Major

Sorry John, I just don't buy it. You can obfuscate the issue with a lot of words and statistics adjacent to the issue, but the bottom line is that inflation was at 1.4% in January 2020, and after a dramatic increase in fuel costs, spiked to 9+% (probably a lot more than that since key indicators are not included). The inflation was caused by the amount it cost to manufacture and transport goods. The abandonment of our energy independence and the printing of money are the prime drivers of inflation.

I totally agree with you. It was like somebody turned off the switch.