In typical Republican form, Steve Kelley demonstrates how little he understands of economics.
The reason for sudden spikes in prices has everything to do with the incredibly successful pace of the Biden recovery. Immunizations are far exceeding what anyone predicted was possible — two and a half times what Biden himself had predicted, when many thought even those projections were overly optimistic — especially after the failed, slow pace of the Trump roll-out.
It was initially predicted that we would not be able to reopen until early or mid-2022 or later.
Now it is mid-2021 and almost all restrictions have been lifted, even in the most overly-cautious states like California and New York. Many states that took the pandemic seriously have already exceeded 70% with at least one shot; Vermont has more than 80% with at least one shot.
The result is that PEOPLE ARE FEELING HOPEFUL, they are now able to get out, they are GOING BACK TO WORK, they have money again, they want to travel and THE ECONOMY IS SURGING.
The consumer demand is now there, but because the reopening is so much faster than anyone planned, BECAUSE OF THE BIDEN SUCCESS, the supply line — the rate of production — has not had a chance to catch up and DEMAND EXCEEDS SUPPLY and the imbalance results in higher prices. Supply and demand: the basic market forces that conservatives claim to revere but about which they have very little real understanding.
As production catches up with demand and a natural balance is restored, prices will stabilize and many will settle back down. As sawmills have ramped up production, lumber, a commodity that was hit especially hard with price increases, is already beginning to stabilize and prices are even starting to drift downward in some areas.
I don’t see politics in this cartoon, I see a joke based on current events. Lumber prices have increased, this is an economic fact period. Humor can be taking some factual thing and extending it to an absurdity.
Ok…further comment…lumber comes from various sources; all of which require transportation – all of which require fuel. Who closed the Keystone Pipeline?
Increasing demand, after the pandemic lack of purchasing, causes shortages of product and higher prices. What is it about capitalism that you don’t understand?
ImDaRealAni almost 3 years ago
For a jumbo party size, maybe. Popsicles are still pretty cheap where I’m from.
RAGs almost 3 years ago
Is SKELLEY still claiming that Biden is responsible for the price of lumber? He hasn’t been correct about anything else either.
DD Wiz Premium Member almost 3 years ago
In typical Republican form, Steve Kelley demonstrates how little he understands of economics.
The reason for sudden spikes in prices has everything to do with the incredibly successful pace of the Biden recovery. Immunizations are far exceeding what anyone predicted was possible — two and a half times what Biden himself had predicted, when many thought even those projections were overly optimistic — especially after the failed, slow pace of the Trump roll-out.
It was initially predicted that we would not be able to reopen until early or mid-2022 or later.
Now it is mid-2021 and almost all restrictions have been lifted, even in the most overly-cautious states like California and New York. Many states that took the pandemic seriously have already exceeded 70% with at least one shot; Vermont has more than 80% with at least one shot.
The result is that PEOPLE ARE FEELING HOPEFUL, they are now able to get out, they are GOING BACK TO WORK, they have money again, they want to travel and THE ECONOMY IS SURGING.
The consumer demand is now there, but because the reopening is so much faster than anyone planned, BECAUSE OF THE BIDEN SUCCESS, the supply line — the rate of production — has not had a chance to catch up and DEMAND EXCEEDS SUPPLY and the imbalance results in higher prices. Supply and demand: the basic market forces that conservatives claim to revere but about which they have very little real understanding.
As production catches up with demand and a natural balance is restored, prices will stabilize and many will settle back down. As sawmills have ramped up production, lumber, a commodity that was hit especially hard with price increases, is already beginning to stabilize and prices are even starting to drift downward in some areas.
Concretionist almost 3 years ago
Snort. Clever.
So far, I’ve seen no increase in the price of chocolate coated ice creams on a stick that we usually prefer.
sevaar777 almost 3 years ago
Try Wyler’s Italian Ice. Wood free, but the plastic needs to be recycled.
LookingGlass Premium Member almost 3 years ago
That “poor” woman must be living in Venezuela!!!
/SHNARK/
Patjade almost 3 years ago
SKelley’s ignorance on display again. But what do you expect from a guy still obsessed with Hillary?
Ontman almost 3 years ago
Yawn.
FJB Premium Member almost 3 years ago
Thanks Biden. Your policies have resulted in the highest inflation in 20 years.
The Nodding Head almost 3 years ago
Make your own popsicles. It’s easy.
Durak Premium Member almost 3 years ago
The fact that you are willing to pay $16 for popsicles means that THEY will charge $16 for popsicles.
Isn’t that how you believe capitalism works, SKelly? I jack the price up as high as I can for as long as the suckers pay it?
Oh! And make sure that the suckers unite and refuse to buy. Call them names, like socialist, or communist, make them afraid.
MarkJohnson1 almost 3 years ago
I don’t see politics in this cartoon, I see a joke based on current events. Lumber prices have increased, this is an economic fact period. Humor can be taking some factual thing and extending it to an absurdity.
Rise22 almost 3 years ago
Where does it say that Kelley is blaming Biden? You need to stop being so paranoid.
Rise22 almost 3 years ago
Ok…further comment…lumber comes from various sources; all of which require transportation – all of which require fuel. Who closed the Keystone Pipeline?
Radish the wordsmith almost 3 years ago
Karen is always complaining about something.
DrDon1 almost 3 years ago
Is Kelley saying that this woman is foolish for paying $16 for a carton of popsicles? Or…?
Plumb.Bob Premium Member almost 3 years ago
Increasing demand, after the pandemic lack of purchasing, causes shortages of product and higher prices. What is it about capitalism that you don’t understand?
ferddo almost 3 years ago
If the price of popsicles is ridiculous, why buy them? They’re not a staple…
Ammo is busy training in the hills Premium Member almost 3 years ago
If this toon was penned by a Lefty Cartoonist the usual fascist commenters would have found it hysterical. The Emperor wears Aviators so it’s stupid.
Radish the wordsmith almost 3 years ago
A box of popsicles cost around $5