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Started By
Message
re: Price Increases are Exhausting
Posted on 2/8/24 at 2:41 pm to Jones
Posted on 2/8/24 at 2:41 pm to Jones
quote:
What exactly are those?
The one's where inflation is back down to 2%, unemployment has held steady at 3.7%, the GDP continues to post strong gains, and almost 200,000+ jobs are being added every single month.
Those are just a few.
2
Posted on 2/8/24 at 2:42 pm to CocomoLSU
oh ok, i gotcha. i was thinking more in terms of groceries.
Posted on 2/8/24 at 2:43 pm to Bonkers119
quote:
The one's where inflation is back down to 2%, unemployment has held steady at 3.7%, the GDP continues to post strong gains, and almost 200,000+ jobs are being added every single month. Those are just a few.
so which ones, specifically
Posted on 2/8/24 at 2:44 pm to greenbean
Spending like drunken sailors and putting it all on plastic.
Isn't there a huge amount of credit cards that are delinquent?
Isn't there a huge amount of credit cards that are delinquent?
Posted on 2/8/24 at 2:44 pm to Violent Hip Swivel
quote:
Tooth Ferry
Is this like a boat made of many teeth or is it just one giant tooth fashioned into a boat?
Posted on 2/8/24 at 2:44 pm to Northshore Aggie
quote:
oh ok, i gotcha. i was thinking more in terms of groceries.
Nah, but even food is getting stupid. Go try to buy a potroast these days with ingredients. It's fricking asinine.
Posted on 2/8/24 at 2:58 pm to Bonkers119
Oh so no economic plans exactly.
So everything is still expensive as shite. Gotcha. Youre ok with the prices of goods right now and touting this as a win?
This stat is calculated horribly. Tell me how many able bodied adults are working and we can have a conversation. Im also sure you were just cheering on the unemployment rate before covid when someone you didnt vote for was president.
Q3 was good.
I dont know what planet our OT moderates are on but have you walked around and seen the prices of everything lately or are friends with people that are outside a few bubbles. Every one touts the stock market and its soaring. Cool, the vast majority of average Americans arent making any money from the stock market. The housing market is in complete shite right now. Insurance is just swimmingly. The average American is not doing well right now
quote:
The one's where inflation is back down to 2%
So everything is still expensive as shite. Gotcha. Youre ok with the prices of goods right now and touting this as a win?
quote:
unemployment has held steady at 3.7%,
This stat is calculated horribly. Tell me how many able bodied adults are working and we can have a conversation. Im also sure you were just cheering on the unemployment rate before covid when someone you didnt vote for was president.
quote:
GDP continues to post strong gains,
Q3 was good.
I dont know what planet our OT moderates are on but have you walked around and seen the prices of everything lately or are friends with people that are outside a few bubbles. Every one touts the stock market and its soaring. Cool, the vast majority of average Americans arent making any money from the stock market. The housing market is in complete shite right now. Insurance is just swimmingly. The average American is not doing well right now
Posted on 2/8/24 at 3:03 pm to msutiger
quote:Bidenomics
Price Increases
Posted on 2/8/24 at 3:06 pm to dcrews
quote:
Politicians have always been known to be dishonest, but I have never, and I mean NEVER, seen someone lie like the current WH press secretary.
How dare you say that about a strong lesbian woman of color.
Posted on 2/8/24 at 3:07 pm to greenbean
quote:
Folks are still spending money left and right. We toured the East Cost in June, every restaurant full, every train ride full, every plane full, every attraction full.
Related: Consumer credit card debt is at an all time high.
Posted on 2/8/24 at 3:07 pm to tigerfoot
Small business owner here also, 24 full time employees. Yesterday Liberty Mutual sent over my 2024 renewal for my business policy and they want $114K in 2024. My policy last year was $60K, same coverage.
We’re shopping it of course but my agent says we MAY find it cheaper but to still expect a pretty big increase vs 2023. ????
Can’t keep our prices the same with that kind of stuff. Vendors squeezing our margins and cost of financing is high.
We’re shopping it of course but my agent says we MAY find it cheaper but to still expect a pretty big increase vs 2023. ????
Can’t keep our prices the same with that kind of stuff. Vendors squeezing our margins and cost of financing is high.
Posted on 2/8/24 at 3:08 pm to msutiger
I’m about to cut off Hulu. shite used to be like $40 a month. Now its $85 and I only use it to watch live sports
Posted on 2/8/24 at 3:08 pm to msutiger
Everything sucks under this idiot we call a president but you won't here shite about it from MSM. Most votes ever
My arse!!!
My arse!!!
Posted on 2/8/24 at 3:12 pm to WilsonPickett
quote:
Liberty Mutual
They go in raw for my home insurance and theyre the cheapest I can find.
Economy is better than ever though
Posted on 2/8/24 at 3:17 pm to greenbean
quote:
Even in broke _ss MS, there are lines in just about restaurant and new ones opening every day.
As long as folks keep spending money like a sailor on shore leave, prices will keep increasing.
the bill will come due at some point
40% of student loan borrowers haven't made a payment since the restart in October. Credit card debt and delinquencies are up, auto loan debt and delinquencies are up.
quote:
Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported Tuesday.
Household debt rose by $212 billion in the quarter, a 1.2% increase quarterly and about 3.6% from a year ago. Credit card debt, however, jumped 14.5% from the same period in 2022. Auto debt climbed to $1.61 trillion, up $12 billion on a quarterly basis and $55 billion annually, or 3.5%.
Posted on 2/8/24 at 3:18 pm to msutiger
This is like all the streaming companies. And the second one increases their prices the others increase their prices. I have Cox cable, they went up on me twice in 4 months, every time they go up I have to call and do the whole dog and pony show telling them it would be cheaper for me to go to a streaming service, they drop the price about $60-$70 then at some the go up again... As if they are trying to catch you slipping.. I guess its the customers fault for all of it because if they go up, we just keep paying.
I wonder if there was some type of organized campaign to convince enough people to cancel Netflix or whatever other streaming services until they drop their price to a more reasonable cost if they would give in or would they wait it out and think people would eventually come back.
I wonder if there was some type of organized campaign to convince enough people to cancel Netflix or whatever other streaming services until they drop their price to a more reasonable cost if they would give in or would they wait it out and think people would eventually come back.
Posted on 2/8/24 at 3:22 pm to WaterLink
quote:
Tooth Ferry
Is this like a boat made of many teeth or is it just one giant tooth fashioned into a boat?
The latter.
Posted on 2/8/24 at 3:24 pm to boxcarbarney
quote:FIFY
How dare you say that about a strong independent lesbian woman of color.
Posted on 2/8/24 at 3:33 pm to Jones
quote:
They go in raw for my home insurance and theyre the cheapest I can find.
My home owners insurance almost tripled so I shopped around and saved $400 because I bundled with my car insurance but it still more then doubled from last year. My mortgage payment is now $300 more a month FJB. Lets send more money to Ukraine and Israel and let everybody in this country. Oh and lets pay off people's student loans also.
Posted on 2/8/24 at 3:35 pm to msutiger
Prices are like taxes and government budgets.
Once they go up, they never go back down.
Best we can hope for is for prices to remain flat for a few years and let wages catch up, but that isn't happening. It is truly astonishing how expensive it is to feed my family right now.
Once they go up, they never go back down.
Best we can hope for is for prices to remain flat for a few years and let wages catch up, but that isn't happening. It is truly astonishing how expensive it is to feed my family right now.
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