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So I bought some 2x4 8' studs this weekend...
DoogieMcDoogerson
Member Posts: 2,527
in Tug Tavern
They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
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Doing a construction project at the palatial lodge - fuck me. The estimate came back almost 60% higher than in October and that's not entirely due to change orders. Contractor called and said he had to re-bid because material costs have gone up so much.DoogieMcDoogerson said:They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
Shutting down the supply chain will do that.
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Inflation is 2%.
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It’s almost as if more money, free money chasing the same goods causes prices to rise.
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One of the big builders here in Lefties stay the fuck out land is charging 403.00 a sqft for new construction. Almost 4x what it was 4 years ago.
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Chasing less supply in many micro instances. Inflation is out there in many unexpected cleverly hidden ways as well. Sizes of consumer products shrink in size to hold price or expand existing products to low utility or unneeded features to justify price increases.doogie said:It’s almost as if more money, free money chasing the same goods causes prices to rise.
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I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.govDoogieMcDoogerson said:They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.
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So the problem's been getting worse over the last 4 years?Sledog said:One of the big builders here in Lefties stay the fuck out land is charging 403.00 a sqft for new construction. Almost 4x what it was 4 years ago.
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Actually, Trump is not as guilty as anyone. Trump's proposed second stimulus was half that of the final Dem bill. That's an extra trillion that gets printed. The lockdown was all Fow Chee, a complicit MSM and dem governors. Drove by the soccer fields on Saturday and watched second graders playing with phucking masks on. Geezus.creepycoug said:
I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.govDoogieMcDoogerson said:They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press. -
Actually, you're skipping over the main issue like it's a side issue. Trump wanted the printing machines running 24/7 and freaked out at the suggestion of slowing it down. Everybody knows it. That's the main issue. It's been going on for a very long time. He didn't start it; but he sure af didn't want to end it, or even help it.WestlinnDuck said:
Actually, Trump is not as guilty as anyone. Trump's proposed second stimulus was half that of the final Dem bill. That's an extra trillion that gets printed. The lockdown was all Fow Chee, a complicit MSM and dem governors. Drove by the soccer fields on Saturday and watched second graders playing with phucking masks on. Geezus.creepycoug said:
I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.govDoogieMcDoogerson said:They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.
Also, who did Fauci work for? Remind me. There will never be a cogent argument that washes Trump's hands of the virus completely. You put a Democratic POTUS in there during the same time, have him do the exact same things, and this place is losing its collective mind.
Stimulus is stupid. 100% politics. It does nothing but kick a large can down the road. So Trump's was half. Ok, who cares? So he's half as guilty on that one point.
