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Culture War Roundup for the week of October 30, 2023

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Actual inflation in terms of what a 100 bucks buys you today versus would have bought you in October of '22 is easily in the double digits and I have the receipts. That thread is from a year ago (almost to the day) and looking back on it I'm feeling pretty well vindicated.

I'll be the first in line to tell you that CPI is fake and gay, but if you have receipts let's do a little audit...

It doesn't take rigorous analysis to notice out that the price of staples like gas, chicken, and lumber has been rising consistently for about 18 months now and are up 10 to 20% relative to what they were at the start of the year.

My receipts say that gas has gone from $3.50 / gal to $4.15, "cheap meat" IE Costco frozen pork and chicken has gone up from ~$5.00 per lb to $6.75 and the price of a hardwood 2"x4" has nearly doubled from $18.25 for 12 ft to $34.00.

National Gas prices are $3.478 as of today, though I should note that my state has gas prices of about $3.70 by AAA numbers and I paid $3.29 at the grocery store this morning, so your mileage may vary.

Target Brand Boneless and Skinless Chicken Breast is $2.99 at my local Target; though I suppose price may vary somewhat by region so I checked and it is also $2.99 in Brooklyn. Here is frozen, which is a little pricier online at a little over $3 a pound, which surprises me as I normally figure frozen is cheaper per pound.

As for the "hardwood 2x4x12" I'm not quite sure what to price that at. What hardwood are we talking about exactly? I've never in my life bought a maple or cherry or oak 2x4 longer than 6ft, since I'd be using it for furniture or cabinets. Prime Fir 2x4x12, the typical item for framing and construction, is a whopping $7.07 at Lowes, less than half the price it was at its peak a couple years back. I will note that for rarer woods (I recently needed some Cedar for window sills), the problem isn't so much price as availability, I have to waste time calling around until I find someone who has something that maybe might work. And the quality at a lot of lumber yards has gone down, I'm rejecting more boards than I used to, and finding clear 1x6 is tougher than it used to be. But the price jumps have mostly come down to normal on commodity lumber that most people use for construction and home improvement.

It almost seems like the inflation you're talking about was, in fact...transitory?

Now Romex wire prices are still destructively high, to the point where they lock up the wire at Home Depot and I have to spend twenty minutes finding an employee with the key. Which points to the one area where inflation is still destructively high in my area: wages. Starting salaries at local big box stores and warehouses have doubled, and they aren't coming down fast. Construction companies are reduced to putting up billboards for labor jobs. Even union manufacturers, once a tough ticket to get, are advertising job fairs.

But even the classic cigar smoking mustache twirling capitalist can't possibly sit here and complain that the price of semi-skilled labor is too high and that's a national tragedy.

Unless you're living in Alaska or whatever and prices are uber weird there, I'm going to have to contest your claim that inflation on Chicken, Gasoline, and staple construction lumber has been >10% in the past year.