American Elephants


Don’t Be Confused by the Term “Infrastructure” by The Elephant's Child
May 25, 2021, 8:56 pm
Filed under: Politics | Tags: , ,

Let me quote Victor Davis Hanson here, because he has stated reality so clearly.

“The supply of money governs inflation. Print it without either greater productivity or more goods and services, and the currency cheapens. Yet America apparently rejects that primordial truism.

The United States has borrowed about $29 trillion in debt—about 130 percent of its annual gross domestic product. The government will run up a $2.3 trillion annual budget deficit in 2021—after a $3.1 trillion deficit the year before.

The Biden Administration still wants to borrow more—another $2 trillion in new social programs and “infrastructure.”

We have already noticed it in the price of lumber. I’m not quite sure just why lumber has suddenly skyrocketed, but it is going to affect everything in the building trades from the cost of new houses to remodeling old ones, and all construction in general, not to mention the cost of Joe Biden’s “Infrastructure”. In March 2020 a sheet of plywood cost $37.98 . In February 2021, it was $72.49. If your roof area is 1,600 square feet, you would need about 50 sheets to cover the roof, and add another ten percent for waste. So 60 sheets of plywood — Ouch! I’ll let you do the painful math. That’s why inflation is a very big deal.

You mostly don’t notice inflation much right off, until you suddenly notice that your trip to the grocery store is costing significantly more than you are accustomed to. Salaries don’t get inflated along with costs, doesn’t work that way. It just directly hurts your own family budget.

Presidents, at least this one, don’t think in those terms. They think in terms of “infrastructure,” spruced up bridges and airports, freeway landscaping, that sort of thing. Construction jobs, landscaping jobs. How manly articles have you seen about “infrastructure”, compared to how many about family budgets? ‘

It isn’t “infrastructure”, a word that is supposed to make you think “improvement” or “growth” or positive thoughts, but “inflation”, another word starting with “inf” that should worry you, and it’s coming.


2 Comments so far
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FYI-If the 1600 sf roof is flat it would require 50 sheets. With an average 8/12 pitch it would be 75 sheets. A larger pitch would require even more plywood.

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Comment by mary fisher

Thank you. I’ve just handed re-roofing over to the re-roofing people, Never had to deal with it myself.

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Comment by The Elephant's Child




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