Is it just me?

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vacerator

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I went to the H.D. the other morning for a paint roller, and as I passed the major appliances, I thought I noticed higher prices on Whirlpool, Maytag, etc, washers and dryers. I could have sworn that the same shiny silver glass lid top loader that was $699 a few weeks ago had a price on it for $869.
New tariff? We get a little tax cut, and prices start to climb, or am I nuts?
Gasoline is already higher also. I'm remembering 2004 an '05 all over again.
 
Mike,

It’s not just you, I’ve noticed exactly the same thing myself. I’ve also noticed that the price of aluminum foil has shot thru the roof and the price of a 12 pack of diet soda has also increased from one to two dollars more. I won’t get into the political implications here in respect for the website rules, but I’m pretty sure everyone can connect the dots as to why this may be happening.

Eddie
 
No, it's not just you.  The same WP dryer I've been looking at is now $200 higher list price.  The government imposes tariffs and WP still turns around and raises prices.  I've heard domestic steel producers have done the same thing.  To me this is greed and wrong.   
 
Hold on there boys.  It had NOTHING to do with the tariffs.  I had notice from Whirlpool months ago that laundry prices were going up in April.  This was released to dealers well before the tariffs were announced.  Refrigs went up last year.
 
Todd, I wish I'd known that.  I might have gone ahead and pulled the trigger for getting a new dryer to appear somewhat match to my 2011 Duet washer when HD was having sales for the comparable model in the lineup to my washer  Sale prices had it for $799, $300 off.  ugh!!
 
was $699 a few weeks ago had a price on it for $869.

More likely due to price inflation than tariffs.

Prices have been going up across the board due to the decreasing purchasing power of the dollar. Higher oil prices will only make things worse.

Home Despot is one of the worst offenders, they have raised prices to hilt while the quality of the merchandize has gone way down. They relentlessly replace name brand items for their contract house brand junk forcing the name brand makes to further cheapen their product to compete. The customer then ends up paying more and getting less.
 
Yes, well we knew in April

about the tax cut, and the tariff.
Maybe it isn't the tariff, but it is still gouging. Most folks portfolio or 401k will reflect a small incremental gain. The wealthiest will profit the most.
You know who said things should cost more also last month. Ha! Twist it some more before they pull out the knife.
Mid terms are coming.
At least the FED is keeping interest rates where they are for now.
Hubby wants to lease a new vehicle soon. With our roads in such bad shape, I'd just as soon not. The ten year old Chevy still has life left. Maybe they should use better quality concrete. Freeze though, freeze though, it's like a suppository.
They also say they are short 2 billion for our road repairs. They hiked our gas tax for that just a while back, and it wasn't the blue people either. They also hiked our vehicle registration, and tag fee.
magic pill; Effitol
 
Bob, that was something that I felt I could not reveal on a public site without an announcement from Whirlpool.  Now, if you were in my store at the time, absolutely I'd let you know about the price increase coming.

 

The funny thing is they raised the price and then offered a discount for the months of May and June.
 
If you can hold out for two years, youll be okay. One more interest rate gain, yeild curve flattening, second longest business cycle ever, mounds of US government debt and a tax cut all while spending increases, and the rise of oil prices are all signs of a recession to come. SO maybe, just maybe, if you wait enough time you might be able to snag up some new appliances for a good price when the government steps in and starts offering economic stimulus.
 
Everything is going up. Mike, Texas hiked our vehicle registration fees alsol down here in Texas.
Yesterday I went to Lowes to pick up a new kitchen facet unit, Dear Lord when did a near standard unit go up to nearly $150.00!!! I choked. I know I didn't pay that 5 years ago.

Barry
 
Recession just scares me.

We're too old now to recover from another. We have a little savings, but we're too close to retirement age. You saw how difficult if even at all possible for people over age 55 to get jobs after the last one. I was even under 50 then. I took a job a soon as I could, and didn't claim my unemployment extension. It paid half my previous salary, counting lost benefits and vacation time.
I don't understand why they have too do this to bump up the stock markets, the real estate business, then have it crash, and people loose good jobs, then their homes, etc.
Real estate used to appreciate moderately, but it always went up, without bubbles. But that was when we had a middle class still. It seems today, no matter what you do to try to save, it's a step forward, and two backward, not the other way around.
 
snag up some new appliances for a good price

Wouldn't hold my breath.

After, the last big round of inflation when oil was $100+ prices never came back down after the economy rebounded and oil prices crashed in 2014.

Yeah, deals can be found here and there on certain items but the general price trend is up.

Not to mention "shrink-flation" where product quantity and quality are quietly reduced while prices stay the same or rise.

That $150 faucet at Home Despot "Mrsalvo" was looking at probably had lots of plastic instead of heavy brass and chrome.
 
Well,

If discussing the price hikes for semi- and durable goods alongside consumables like gasoline is 'political', then let's just pursue it in Dirty Laundry.

Personally, I don't mind paying good money for good products. What I've seen come out of Whirlpool lately hasn't seen any increase in quality commensurate with the outrageous profiteering.
 
Re: Reply #11

Mike this is a story as old as dirt! And recession scares the hell out of me too! When these underwater properties finally go into foreclosure who do you think swoops in and buys them up? Bingo, the wealthy and the shady, like a certain resident on Pennsylvania Ave. Then they manage to get prices to go up, WAY up on real estate and sell it at monumental profit. And the working and middle class are the unsuspecting pawns in their dirty scheme.

And now we have a multitude of TV programs devoted to this “Flip” game enticing the working and middle class to play it too, with the hope of attaining the same wealth.

The only way to get ahead for sure in real estate for someome in my working class backround is to buy a home you can AFFORD to keep making the payments on, then pay it off as soon a you can, and DON”T borrow against the equity! This can be your security and hedge against inflation and recession. If you no longer have a high monthly pay out for your housing expense that puts you ahead of the game. And you will also have an asset that can be liquidated when you are well into your Golden Years to provide income and security for the remainder of you life.

Trying to get rich quick is a gamble I’m not willing to take. Keep your eye on the prize and slow and steady wins the race.

Eddie
 
As gasoline prices increase, the prices of everything increase to cover transportation costs from point  to point to point. All of these keep piling on and adding up and you get big honking prices. I remember this from other times that gas prices went up. This time it is further exacerbated by the aluminum and steel situation.

 

You will, of course, remember the tariff that WP wanted on Asian -made laundry appliances which were being sold for less than WP's products.
 
Yes, I know,

it's old news, but is the alleged truck driver shortage? That used to pay really good money. Owner operators were redlined for insurance and other costs in favor of large conglomerated expediters. Also, loss of union contract drivers?
Yeah, I know, the Teamsters ruined the country. Then why a driver shortage if the current system is working?
They need a new excuse. Most economic failures are from poor management. They hike prices all the while, but do they ever make less?
Fine end of discussion. It's dirty laundry.
 

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