Recession

27,792 Views | 385 Replies | Last: 3 hrs ago by boognish_bear
FLBear5630
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4th and Inches said:

Since Biden/Harris took office:

Gas: +50.5%
Electricity: +31.7%
Fuel oil: +49.1%
Airfare: +22.6%
Hotels: +51.2%
Groceries: +21.6%
Natural gas: +24.7%
Eating out: +23%
New vehicle: +42%
Used vehicle: +24%
Baby food: +30.1%
Rent: +22%
Transportation: +32.9%
Car insurance: +54.3%
Mortgage rates: +80%

Unsustainable


Hate to say it, but it looks like it is by design. Cars, hotels, airfare, trans, auto insurance, fuel... This is by design to punish those that drive, travel and use fossil fuels.
boognish_bear
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Guess people aren't wanting to pay $11 for a sandwich anymore

william
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... schmession.

this is the era of AOConomics.

Permanent Keynesian stimmy.

K-peesh?

- KKM

m*v = p*q ..... what*ever*in*the*hell*I*pullz*outta*mon*sweet*derriere.........

go bears!

beat stephenville!!
Are you a man or a mouse!? - F. D.
4th and Inches
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boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
“The Internet is just a world passing around notes in a classroom.”

Jon Stewart
william
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$19 for a ft long rosbif and med soda.....

- KKM

stop the insantiy!



Are you a man or a mouse!? - F. D.
BearFan33
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trey3216 said:

TinFoilHatPreacherBear said:

trey3216 said:

4th and Inches said:

Since Biden/Harris took office:

Gas: +50.5%
Electricity: +31.7%
Fuel oil: +49.1%
Airfare: +22.6%
Hotels: +51.2%
Groceries: +21.6%
Natural gas: +24.7%
Eating out: +23%
New vehicle: +42%
Used vehicle: +24%
Baby food: +30.1%
Rent: +22%
Transportation: +32.9%
Car insurance: +54.3%
Mortgage rates: +80%

Unsustainable
I'm not going to count Gas, as that was at a virtually non-sensical number due to COVID (even though things were already starting to recover by then, the number was still artificially low ). But the rest of it is most certainly unsustainable. Hard asset bubble popping would be one of the only ways out of it, and it's damn sure the one we don't want to have to give way to.


No way groceries are only 20%, the weighted average increase has to be higher for most commonly purchased items pre 2021 vs now. Has to be, right?
No doubt in my mind the grocery numbers are far off. I'd bet the real number is closer to 45% than it is to 20%


About double around here.
trey3216
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boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


perhaps they should start serving food instead of bread flavored cardboard and "meat" that makes a hot dog blush.
Mr. Treehorn treats objects like women, man.
boognish_bear
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4th and Inches said:

boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
I haven't been to a Subway in several years....but one my buddies just happened to text me the other day that he got a foot long regular ham sandwich with no drink or chips and it was $11.14.
boognish_bear
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That's not good...

FLBear5630
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boognish_bear said:

That's not good...


Social Security is not going anywhere, no matter how those that have money feel about it.

boykin_spaniel
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It's a broken system but won't go anywhere because the elderly are the most consistent voting block. If emperor for a day I'd scrap it for a new system that properly functioned but I don't believe in emperors
4th and Inches
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FLBear5630 said:

boognish_bear said:

That's not good...


Social Security is not going anywhere, no matter how those that have money feel about it.


may not be going anywhere but hard to live on 1400 a month if you dont own your house and car
“The Internet is just a world passing around notes in a classroom.”

Jon Stewart
FLBear5630
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4th and Inches said:

FLBear5630 said:

boognish_bear said:

That's not good...


Social Security is not going anywhere, no matter how those that have money feel about it.


may not be going anywhere but hard to live on 1400 a month if you dont own your house and car
Got that right. May want to invest in mobile homes...
boognish_bear
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boognish_bear
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TenBears
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boognish_bear said:

4th and Inches said:

boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
I haven't been to a Subway in several years....but one my buddies just happened to text me the other day that he got a foot long regular ham sandwich with no drink or chips and it was $11.14.


Nutritional value of Long John Silvers Crumblies, but a 1000th as good
boognish_bear
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TenBears said:

boognish_bear said:

4th and Inches said:

boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
I haven't been to a Subway in several years....but one my buddies just happened to text me the other day that he got a foot long regular ham sandwich with no drink or chips and it was $11.14.


Nutritional value of Long John Silvers Crumblies, but a 1000th as good
Those crumbles are so damn good. Too many people sleep on LJS.
boognish_bear
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boognish_bear
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Johnny Bear
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ATL Bear
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boognish_bear said:


One of those stats that sounds crazy unless you understand numbers. Assuming it's households vs individuals that's around 40 million (individuals would be over double that). $42 Trillion would mean about $1 million over a time period of 10 years, or approximately $100,000 per year.

The key is it wasn't the U.S., but the world.
Oldbear83
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boognish_bear said:

TenBears said:

boognish_bear said:

4th and Inches said:

boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
I haven't been to a Subway in several years....but one my buddies just happened to text me the other day that he got a foot long regular ham sandwich with no drink or chips and it was $11.14.


Nutritional value of Long John Silvers Crumblies, but a 1000th as good
Those crumbles are so damn good. Too many people sleep on LJS.
The only two LSJ signs in driving distance from my house are for locations which closed years ago
That which does not kill me, will try again and get nastier
boognish_bear
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Oldbear83 said:

boognish_bear said:

TenBears said:

boognish_bear said:

4th and Inches said:

boognish_bear said:

Guess people aren't wanting to pay $11 for a sandwich anymore


10.37 for a 6" sandwich and a small drink 2 days ago
I haven't been to a Subway in several years....but one my buddies just happened to text me the other day that he got a foot long regular ham sandwich with no drink or chips and it was $11.14.


Nutritional value of Long John Silvers Crumblies, but a 1000th as good
Those crumbles are so damn good. Too many people sleep on LJS.
The only two LSJ signs in driving distance from my house are for locations which closed years ago


Every time I go I never see any other customers. I think I'm the only one keeping them in business.
Realitybites
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boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
FLBear5630
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Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
KaiBear
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boognish_bear said:




Appreciate the information you consistently provide this message board.
Realitybites
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boognish_bear said:


How much of this drop in the average is because of sales price decreases for the same make, model, and model year of car over the course of 2024 and how much of it is due to what new car buyers there are choosing cheaper vehicles due to the financial pressures of Commulaism?
TinFoilHatPreacherBear
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People running out of Covid savings, their regular salary barely buys anything , and then credit runs out with crazy interest payments. People gonna hurt for years. Many will still vote Harris, lol.

As for subway, they were crazy thinking people gonna pay $18+ for their footlong, chips, drink. Only stores I've been to are the ones where there's no other competitor nearby.

As for Long John Silvers, none near me. Been wanting to "share" the experience with my kids and introduce them to the crumbles. Mmmm Mmmm.
boognish_bear
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KaiBear said:

boognish_bear said:




Appreciate the information you consistently provide this message board.


Sure thing
trey3216
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FLBear5630 said:

Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
well, when you build tens or hundreds of thousands of homes up stream from a flood plain, it kind of changes the absorption rate calculus downstream. Now, where there was grasslands that absorbed moisture there is concrete which makes the water go where it wants to at an exponentially higher rate. Flood plains needed to be updated 20 years ago.
Mr. Treehorn treats objects like women, man.
FLBear5630
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trey3216 said:

FLBear5630 said:

Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
well, when you build tens or hundreds of thousands of homes up stream from a flood plain, it kind of changes the absorption rate calculus downstream. Now, where there was grasslands that absorbed moisture there is concrete which makes the water go where it wants to at an exponentially higher rate. Flood plains needed to be updated 20 years ago.
Disagree on this one. We are talking homes that have been there since the 60's and never flooded. It is a money grab because they can.
trey3216
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FLBear5630 said:

trey3216 said:

FLBear5630 said:

Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
well, when you build tens or hundreds of thousands of homes up stream from a flood plain, it kind of changes the absorption rate calculus downstream. Now, where there was grasslands that absorbed moisture there is concrete which makes the water go where it wants to at an exponentially higher rate. Flood plains needed to be updated 20 years ago.
Disagree on this one. We are talking homes that have been there since the 60's and never flooded. It is a money grab because they can.
it doesn't matter if a home has been there 60 years and never flooded. What matters is that now there are homes built in the upstream watershed. Concrete in place of grass and trees means water is going to move rather than absorb. I've done research projects with 2 of the best hydrology professors in the state. Some of the work we did 20 years ago predicted/modeled flood plain changes and most of it was due to sprawl in watershed areas.
Mr. Treehorn treats objects like women, man.
FLBear5630
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trey3216 said:

FLBear5630 said:

trey3216 said:

FLBear5630 said:

Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
well, when you build tens or hundreds of thousands of homes up stream from a flood plain, it kind of changes the absorption rate calculus downstream. Now, where there was grasslands that absorbed moisture there is concrete which makes the water go where it wants to at an exponentially higher rate. Flood plains needed to be updated 20 years ago.
Disagree on this one. We are talking homes that have been there since the 60's and never flooded. It is a money grab because they can.
it doesn't matter if a home has been there 60 years and never flooded. What matters is that now there are homes built in the upstream watershed. Concrete in place of grass and trees means water is going to move rather than absorb. I've done research projects with 2 of the best hydrology professors in the state. Some of the work we did 20 years ago predicted/modeled flood plain changes and most of it was due to sprawl in watershed areas.


Sorry, I work in civil. No way you are gonna convince me. The variables are cranked up to a ln unrealistic level to get a desired result. Models only forecast based on what you put in. They got what they wanted more flood insurance premiums.

You cannot get anything permitted by the Water MGT District without mitigating the or impervious.
KaiBear
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trey3216 said:

FLBear5630 said:

trey3216 said:

FLBear5630 said:

Realitybites said:

boognish_bear said:

That's not good...




It isn't good at all, but for many it is the end result of the combination of a progressive income tax, the extermination of pensions through bankruptcy reorganization, and poor monetary and fiscal policy debasing the currency.

Unfortunately those numbers mean that it isnt going to be politically costly for politicians who propose to nationalize (seize) the retirement assets of those who did save for retirement to shore up social security.
Well, look to the Insurance Industry. We had an insurance crisis for homeowners insurance, a shortfall.

FEMA "updated the flood maps", now millions of homes that were not in flood zones are in flood zones. In the swipe of a GIS map, millions of new "required" premiums. No more shortfall...

That is coming for SS...
well, when you build tens or hundreds of thousands of homes up stream from a flood plain, it kind of changes the absorption rate calculus downstream. Now, where there was grasslands that absorbed moisture there is concrete which makes the water go where it wants to at an exponentially higher rate. Flood plains needed to be updated 20 years ago.
Disagree on this one. We are talking homes that have been there since the 60's and never flooded. It is a money grab because they can.


Some of the work we did 20 years ago predicted/modeled flood plain changes and most of it was due to sprawl in watershed areas.


Agreed

One of my former competitors is flagrantly building in a flood plain along a river.

Isn't going to end well.
Aliceinbubbleland
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KaiBear said:



Agreed

One of my former competitors is flagrantly building in a flood plain along a river.

Isn't going to end well.
Kingwood ?
Astros in Home Stretch Geaux Texans
 
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