Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Libloather

Inflation already happened. The damage is already done with it. What we need is wages to increase that have not kept up with inflation so that the middle class has room to breathe.

Energy prices going back to where they were during the Trop era will also help. And lastly, we need to incentivize home construction at a level. We’ve never done before to make up for the supply shortfall that is currently causing old prices to be sky high.

I heard in some municipalities such as counties near LA that to build a home even before one shovel breaks ground. You need to spend 150,000 in permits and licenses. That’s insane


2 posted on 07/14/2024 7:10:11 PM PDT by suasponte137
[ Post Reply | Private Reply | To 1 | View Replies ]


To: suasponte137
Inflation will come roaring back. Its not done with. Deficits and debt next year will prompt a credit event leading to a credit downgrade with the US. More drama next year. Grievances of health care, wages, and rising unemployment will prompt more social spending.

If rates are cut, the dollar doom cycle continues, with a declining dollar which prompts rising oil prices.

RLTW

6 posted on 07/14/2024 7:59:43 PM PDT by Theoria
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson