Today we had a glass installer come out to spec and estimate a glass shower door for our new home.
When we asked about the cost, he said, “Who knows? Yesterday I got a call from my glass supplier, and he said next week my cost would be increased by 30%. And this is after a price increase in June. Plus, the 10% fuel surcharge for delivery of his product has doubled.”
This is typical of the quotes I have been getting for all kinds of building materials and labor. Everything is up 50% to 100%.
Last week we were grocery shopping at Costco. On our shopping list was large pork loins – last month the cost was $1.99/lb, and my wife thinks they have been at that price level for a long time. She was stunned to see the new price: $3.99 per pound. Isn’t that about a 100% increase? We didn’t buy them.
Here’s a math lesson, used by accountants and fifth graders worldwide. Percent increase is calculated as follows: new cost – original cost = amount of increase ÷ original cost = percent increase
$3.99 – $1.99 = $2.00 ÷ $1.99 = 100%
The good news is we still got a hot dog and Coke at Costco for $1.50. That price has been the same since 1985. The founder of Costco once told the current CEO, Craig Jelinek, “If you raise the [price of the] effing hot dog, I will kill you!” He clearly knows where Costco’s buns are buttered.
As of this writing, BidenGas averages $4.52 per gallon. A year ago it was $3.25.
$4.52 – $3.25 = $1.27 ÷ $3.25 = 39% in 12 months
And the inflation is much worse compared to TrumpGas, the average price when Biden took office in January of 2020 ($2.60).
$4.52 – $2.60 = $1.92 ÷ $2.60 = 74% in 18 months
So tell me, in your neighborhood, is there anything that doesn’t cost at least 50% more than it did a year ago? Where does this 9% figure come from? Can we trust anything the federal government tells us these days?
Exactly one year ago, President Biden said, “You’re not going to get COVID if you get these vaccinations.” Guess who got COVID last week? Liar.
Alejandro Mayorkas, Biden’s secretary of homeland security, said, “Look, the border is secure.” As the Border Patrol points out 207,000 “migrant encounters” in June alone. Not to mention all of the illegals who did not turn themselves in to authorities to get their EBT cards, cell phones, and plane tickets to their US destination of choice. Secure? Liar.
The really sad thing is this inflation is intentional. Don’t tell me that the Biden administration and the World Economic Forum fatcats don’t know that huge government spending and debt from fiat currency causes inflation – any kid out of ECON 101 knows that.
I’m sorry, when the Biden administration and the liberal news media (sorry, redundant) tell me that inflation is 9%, I’m just not buying it. I know when I am being “zoomed”.
Tom Balek – Rockin’ On the Right Side
Guess you believed the world
Played by your rules
Here stands an experienced girl
I ain’t nobody’s fool, bump you
Who’s Zooming Who? – ARETHA FRANKLIN
the all-time queen of soul!