Inflation is in the news. Inflation has been in the news in the past years, so we all need to check our history. Inflation woes are being over-rated and put too much into the attention of the public so as to blame the Democrats. Wrong. Just check history.
In Florida, there were arrangements made to bolster big insurance. Floridians were to pick up the bills for hurricane coverage in homeowners’ insurance. In the process, there are estimates that, during those years, Floridians saw an INFLATIONARY increase of some 60% or so. Is this true? Seems as if those of us paying this saw it happen. So, now, we are to be complaining about a 7% (?) increase in prices?
With the insurance thing, all the companies moved at once with the same high prices, protected by those paying off our government legislators in Florida. At least with the 7% rise in inflation, with groceries, gasoline, and other products, the consumer does have a choice. You don’t want a meat priced at $10 per pound, then find a lower cost meat. WIth homeowners’ insurance, if I did not wish to pay the higher price, then find another one? NOT. The OTHER one did not exist. Furthermore, the money we put into the higher premiums went into some black hole, probably to pay the 1000% increases of CEO fat pig salaries during those years and there was a 0% return on investment. For me, myself, and I, I can say that, for my 40 plus years of investing in homeowners’ insurance, I have received zilch – nothing in return for all that money I have put in. No dividends. Nothing. Nada. Does anyone even care about the inflation with this product called homeowners’ insurance. Nah. No one cares. But we have to view and read in the media the BS about inflation right now, blaming the Democrats. I know for a fact it was primarily fat pig Republicans at the heads of those insurance corporations who were a large part of those on the receiving end of my premiums.
Then there is healthcare insurance. I worked on union negotiating teams as we tried to work to hold down the increases in healthcare insurance for our union members. Republicans on the other side of the table who were appointed by Republican Jeb Bush or Republican Rick the Prick Scott. Many of those guys were vicious and had no human cares at all, as they pushed healthcare increases upon the employees.
Now, being on Medicare and being on a lower revenue stream, I see increased costs far worse than the inflation to which the media and others lend microphones for people to complain.
Makes me wonder. How is it that these inflationary prices were missed when we had to experience them? Did they have no impact on the numbers figured for inflation? In other words, the 60% increase in homeowners’ insurance had negligible impact on inflation numbers? The increases in health insurance premiums PLUS healthcare costs had negligible impact on inflation? After all, we are reading and hearing that the numbers for inflation are the “highest in years.” Gosh. Where was I, on the planet Mars, when I experienced exponential increases in insurance premiums? Gosh. Silly me for complaining.
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