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Shipping cost index goes from $1,331 to $8,848 in a year because manufacturing profit margins are so low in America because of the tremendous labor costs and lack of investment.
Once the product gets to America the price of diesel from Los Angeles to other markets averages $4.31 compared to $3.35 last year.
Rents have skyrocketed because of the Centers for Disease Control regulations on apartment evictions.
Median 2 bedroom is $1,770 in the United States with a dozen metropolitan areas areas over $2,000 for a 2 bedroom apartment.
Hmmmm.....
Interesting since I'm the wife of an owner op.....that increase is NOT being passed to the drivers even with our costs going up....so who's pocketing it?
The record surge in deficits this year largely stems from the U.S. recovering faster than most countries from the pandemic. Americans can afford to buy more imports, but people in other countries have less ability to do so as their economies struggle. Rising oil prices have been another contributor.
The Biden economy is recovering, that's good news.
Status:
"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,557 posts, read 16,548,014 times
Reputation: 6041
Quote:
Originally Posted by Stephan A Smith
The poor and middle class are getting destroyed under Biden.
This is going to result in generational poverty.
This is what people voted for. They deserve exactly what they get.
Literally all his links say this started under Trump. So how is it you are blaming Biden ????
Also, median apartment prices is a one of if not the dumbest ways to measure the economy.
Every new apartment is going to be higher rent than government housing and rent control, so the median price moves up regardless.
On top of that, even in Cities that force builder to do the 1/3 compensation, thats still only 1 affordable apartment to every 3 above market apartment. So again, a rise in the average.
The poor and middle class are getting destroyed under Biden.
This is going to result in generational poverty.
This is what people voted for. They deserve exactly what they get.
I agree, the poor and middle class are falling further and further behind. Biden has no plan for providing opportunity, just handouts that will come to an end.
The Biden economy is recovering, that's good news.
Only if your wealthy, it's good news.
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