this post was submitted on 08 Nov 2024
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People who rent got hit twice as hard by inflation, I know I'm paying a significantly higher portion of my paycheck in rent vs 4 years ago.
The raw material cost increases which provide the cover/excuse for price gouging are the result of two different things the Harris/Biden admin participated in and had no real path towards solving.
One is the fact that the vast majority of ocean shipping is going around Africa rather than the red sea, due to the ongoing genocide in Gaza that the Biden admin has been bypassing Congress to continue arming.
Two is the cutting off of Russian oil, which resulted in ballooning costs in Europe.
Like it or not, Harris did not provide any answers on these two fronts that looked anything like a change in policy.