WHACKMASTER

I have to pay extra for practically EVERYTHING now. Nice way to automatically paint us conservatives as F350 driving. Smugness, we’ve come to expect it from your kind.

Some things have doubled or even quadruped in price. If you think the hyper-inflation that’s currently happening isn’t because of Covid restrictions coupled with the free-wheeling money supply then you’re well…

LUVisLost

I have no idea if you are a Con a Liberal a Communist a Socialist or Green Party lover. How would I know? I don’t know you and you don’t know me. We are discussing plain and simple capitalism and how the free market works.

If you think economic policy is influencing your inflation you have no grasp on how the free market works. None, absolutely none. That is fact. Public debt has gone from 32% GDP to 125% GDP over the years 1980-2021. Inflation during that same time period has averaged just under 3 percent. If you were so worried about it have you been complaining since 1980 over the rise of public debt and money policy since then? Doubt it. Your argument of monetary policy vs inflation has no historical evidence. None. You want to look historically I would say this economy more closely resembles 1946 economy. Not a huge fan of a Paul Krugman but one his latest pieces talks about how much the economy is looking like post WW2. Rapid transitory inflation from 1946-1948 then followed by deflationary pressure in 1948 then causing a post WW2 recession. Pent up demand for certain items thus causing temporary price spikes followed by rush of companies filling the void thus leading to a glut of goods and the following price drop then a recession. Might be too early to see if it plays out that way but it is sure looking like it right now.

Life is not binary. It’s not a bit or a byte. It’s not open or closed. It’s not Con vs Liberal. You specially said “your kind”. You have no idea what I am. None at all. I am a faceless name on a message board yet because I say you don’t have a grasp of the free market system we live in you automatically labeled me as “your kind”. WTH does that mean? If you drive a F350 in this economy and complain about the price of gas I don’t care what you are politically, you are economically foolish.

LUVisLost

Economics….why does it cost more to rent a UHaul from CA to TX than the other way. That is plain and simple supply and demand right there. So you are telling me you understand supply and demand on UHauls but don’t think the rest of the economy works that way? Doesn’t work that way son. UHaul rentals are beautiful display of the free market working the way it’s intended.

Ninethstage

That’s the point. The demand to move from states that have been run into the ground by poor fiscal policy is high for those seeking to exit those places. Where are they going to? Places where state and local leadership are making good fiscal policy which is economically stimulating.

LUVisLost

Have you done research to see why people are moving? Is it economical? Personal? Family? Why are they moving? I haven’t done the research myself so I can not say one way or another. I can say moving from snow belt to sunbelt for older people is most likely personal. If your job changed location is work related. If you abandon a high cost of living area to lower cost area is economical. I don’t know the answer and outside of the UHaul survey I don’t know if anyone has done the research. I haven’t looked.

My point is UHaul rental prices are the market wiring as intended. Prices are not being determined by Abbott, Newsom or some politician. It’s the free market system working as designed.

hoover

My neighbor who moved from San Francisco this yr said it was because now they can work remote so they didnt want to stay there, actually in San Francisco not nearby areas, because of costs, taxes, homeless and traffic. In that order. That's one data point

flyguy81

Got a friend who grew up in SoCal his entire life. Said the state is terrible now and he’s moving to FL.

Majority of blue states would be quite nice if the people running them were all removed from office. Turns out people don’t like being taxed to death while watching their local stores being looted and homeless people taking a dump on their front lawn.

Ninethstage

I left NY because of cost of living/taxes. My parents left California because of politics. My brother in law left California because of cost of living, taxes, and politics. My other bro in law left NJ because of cost of living/taxes. Where did we go? Arizona, Idaho, and Texas. Why? Because those states have local leadership that are creating policy (decreased tax rates among other policies) which directly stimulates the local economy. My parents neighbors call themselves political refugees - who fled the abysmal political policies of California. All anecdotal? Yes, but that doesn’t change the reality. Now tell me why the sky is not blue.

OOfff

I, for one, hope more people leave California

RJSAviator76

Yes they are. The question is why? You don’t think the policies set by the leftist politicians are what’s driving people away from those states?

Man, it’s a sad day that we’re no longer “California-dreamin’ and instead we’re “California-fleein’ and you can squarely thank the Democratic Party and their policies for that.