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It's time to lift all stupid environmental regulations and extract out of the ground like never before and deforest our dry woods like never before.
No would be a perfect time to deforest much of the dryer parts of the country and so lumber is cheap so blue-collar workers can afford big, beautiful homes like they could under President Bush and President Trump.
The Democrats and their radical environmental agenda are enriching their pockets while many American's who could afford to build big, beautiful homes under President Trump and President Bush won't even be able to afford to build a shack.
Lumber prices are 10 times more expensive than under President Bush and 6 times higher than under President Trump.
Which has all been discussed over and over in all the other threads made on this topic. Whats changed that makes you believe this one is different from the others?
Its still the same answer-cherry picked data, and the prices arent unique to the united states. Lumber has gone up because construction is spiking it. Months from now it will probably settle back down over time.
The Biden boom is in full swing and people like what they see.
Investors and business owners around the world are largely optimistic that the Biden administration's economic policies will fuel a robust recovery and leave them on better footing, according to a recent UBS survey. Some 64% of respondents view the administration as having a positive impact on the global economy. Six in 10 believe the White House's policies will support global markets.
Roughly 57% of investors and business owners said the Biden administration has benefitted their personal finances, and 54% of business owners said the policies benefitted their companies.
The first thing investors need to know about President Biden’s big spending plans is that, even though what eventually passes probably won’t strictly follow what he has proposed, some form of higher spending and taxes is likely coming. The second thing to know is that while changes to spending and tax regimes always create winners and losers, the scope of what Mr. Biden is proposing could make that dynamic especially stark. Third, with increased spending likely to outstrip any increase in taxes, in the early going at least, Mr. Biden’s plan could make the economy go faster.
Mr. Biden has laid out two ambitious spending proposals: a $2.3 trillion infrastructure plan and a $1.8 trillion proposal for new spending on child care, education and paid leave. On top of the $1.9 trillion in additional Covid-19 relief he has already signed, it comes to a cool $6 trillion.
The US economy contracted much less than initially feared last year and it is on train to rebound this year as the rapid rollout of highly effective vaccines, substantial levels of fiscal spending and a rundown of household savings boosts growth.
As the latest GDP report showed, the US economy expanded at a 6.4% annualised rate in the quarter, driven by a large rise in consumer spending.
The data for March were particularly strong: President Joe Biden's fiscal package began to take effect; retail sales increased by 9.7% in the month as consumer spending jumped, and sales, as measured by value, leapt above pre-Covid levels.
I’m about to do a renovation. The increase in cost because of liberals thinking they’re saving grandmas when they are literally purposefully killing them instead, might cost the amount of a kid’s tuition extra
And of course, all these high commodity prices will be a big boost for farmers, miners, lumberjacks, oil workers, and so on. Utterly ironic the OP keeps waxing poetic about the greatness of the production sector of the economy in other threads, but when the high commodity prices which would benefit that class of workers comes around, all of a sudden they are a terrible thing and it's all the democrats fault!
Anyone having a quick squiz at commodity prices could easily think we’re in the middle of the kind of commodities supercycle last seen in the China-driven boom in the aftermath of the global financial crisis.
While iron ore is the flag carrier for the boom in resource commodities – prices are at record levels – but oil, copper, nickel, cobalt, lithium and even coal have rebounded quite dramatically from their pandemic lows. Copper is back at 2011 levels.
There’s also a boom occurring in agricultural commodities. Wheat, corn, other grains and soy prices are at six-year highs and cotton and live cattle prices have bounced back strongly from their pandemic lows.
The sheer strength of the price movements raises the question of whether there has been a structural change in commodity prices – a new supercycle – or something more cyclical. The answer probably lies in a mixture of the two.
The price of lumber is due to a number of factors. The Trump tariffs on Canadian lumber, the shortage of sawmill capacity, fires in the west, beetles in the US and Europe. In British Columbia, warm winters have resulted in mountain pine beetles not being killed, 18 million hectares of forest has been lost to beetles, killing 60 percent of its merchantable pine. Germany has faced the same with its spruce harvest, lost to bark eating beetles. These forests will take decades to grow back. Anyone driving through CO can see the devastation beetles have caused.
Its not just the US. New Zealand, Australia and Europe are all dealing with this. While we don't hear too much about it, brush fires in Australia for example have damaged their domestic production supply resulting in a demand for more imports. https://www.smh.com.au/business/comp...05-p57p53.html
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