Falling Lumber Prices

Well, lookee there, the price of 1000 board feet of lumber has fallen 60-70% over prices in January from a high of nearly $1700 USD now down to about $575. President Biden was soundly blamed for the exorbitant rise in the price of lumber by most so-called Republicans on here, so now is he going to be credited for it falling back to relatively normal levels? Haven't heard a peep on here about it falling... 😊

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BetweenKittensandRiots · 36-40, MVIP

LEL. Honestly what I don't get is why most people don't understand that both parties have a vested interest in blaming the other side of the state of economic affairs and in reality no matter who is in the white house or which party is in charge of government the people who occupy positions of power have LESS to do with what happens economically than EVER BEfore and are getting less and less relevant by the DAY.

not that they ever were even in the beginning but even less so now than before. I mean how much power do people really delusionally imagine the president has to effect Gas prices day to day? The middle east is incredibly unstable and that will remain a fact regardless of who is in the white house.

spjennifer · 56-60, T

@BetweenKittensandRiots Agreed and that was the point of my post, lumber prices rose, now they have fallen, same President in power. Obviously there are times when a President's foreign economic policies can have an effect say were they to impose a 25% tax on imported lumber but that hasn't happened here.