Here come the tariffs

[seafoam1 3,017]

5 minutes ago, MDC said:

The Labor Dept. says consumer prices are up overall sonce January and we still have a sustained positive inflation rate. So yes, prices are up.

Not down, like Grifter Don said they would be.  

It must hurt being you. 

[Ron_Artest 1,506]

12 minutes ago, Strike said:

Costs are definitely not UP.  The last few times I've shopped for groceries several of the items I've bought have had significant price reductions; were talking a dollar or more on $4 items.  Will we get back to the prices before Biden focked everything up?  Probably not.  But seeing some level of reduction is encouraging. 

Yes, they definitely are.  Putting your anecdotes aside and looking at actual data, grocery prices are up.  Some items sure but overall, prices continue to go up as they pretty much always will.

Data: https://www.usinflationcalculator.com/inflation/food-inflation-in-the-united-states/

 

[Ron_Artest 1,506]

9 minutes ago, MDC said:

The Labor Dept. says consumer prices are up overall sonce January and we still have a sustained positive inflation rate. So yes, prices are up.

Not down, like Grifter Don said they would be.  

It's amazing how they just repeat the same BS that dear leader does.

[MDC 7,406]

7 minutes ago, Ron_Artest said:

Yes, they definitely are.  Putting your anecdotes aside and looking at actual data, grocery prices are up.  Some items sure but overall, prices continue to go up as they pretty much always will.

Data: https://www.usinflationcalculator.com/inflation/food-inflation-in-the-united-states/

 

That’s the opposite of Day 1 low low prices right?  

[seafoam1 3,017]

9 minutes ago, Ron_Artest said:

It's amazing how they just repeat the same BS that dear leader does.

It's amazing the BS that liberals suck up from their liberal masters. 

[seafoam1 3,017]

2 minutes ago, MDC said:

That’s the opposite of Day 1 low low prices right?  

When in doubt, run to another liberal sucker to feed on the lies you all spread. 

[RLLD 4,230]

The recent interest of liberals in economic performance aside.  You cannot help but laugh at the people who focked everything up throwing a fit that the adults are not cleaning up their mess fast enough    

[seafoam1 3,017]

2 minutes ago, RLLD said:

The recent interest of liberals in economic performance aside.  You cannot help but laugh at the people who focked everything up throwing a fit that the adults are not cleaning up their mess fast enough    

4 years of Biden, and 8 of Obama in the past 16 years, all because those men were liberal salvation to these people. Now, after 6 months of Trump this year, the liberals are impatient that he's not fixing things quick enough. This is 80% of what they complain about. 

This is like how liberals attack ICE agents and when one ICE agent defends himself and fights back, the libs will be ready to pounce and take him to court. 

[MDC 7,406]

4 minutes ago, RLLD said:

The recent interest of liberals in economic performance aside.  You cannot help but laugh at the people who focked everything up throwing a fit that the adults are not cleaning up their mess fast enough    

Im laughing at MAGAs who believed Trump would lower prices.  

Imagine calling this crew “the adults.”  

 

[seafoam1 3,017]

Just now, MDC said:

Im laughing at MAGAs who believed Trump would lower prices.  

Imagine calling this crew “the adults.”  

 

Ok. What prices are not down? Talk food staples. You don't know what you are talking about. Do gasoline too. 

[The Real timschochet 6,757]

So the deal with the tarrifs remains unchanged: 

1. If Trump actually goes through with any of this for any length of time, things are going to be VERY bad. 

2. if Trump continues to back down or delay, as Wall Street now believes he will, things won’t be AS bad. But the tarrifs that are already in place will result in higher prices that will hurt American consumers without any positive effect. This pain will start to be noticeable  sometime in late summer or early fall, and REALLY be noticeable by Christmas time. 
 

3. If Trump can use his tarrif threats to actually achieve new trade deals that result, long term, in LOWER tarrifs on both sides then this whole thing could ultimately be a positive. Other than Trump completely backing down this seems like the most hopeful outcome but I’m not holding my breath. 
 

4. The main stated goal of the tariffs: to return manufacturing to the USA- is unachievable IMO. 
 

This has been my stance, and the stance of most people trying to look at this situation rationally, since January, and it remains unchanged, so you guys can stop with the “what happened to you predicting the economy would crash?” questions. THIS is what I predicted. 

[MDC 7,406]

Consumer price index shows costs up overall since January 2025. 

Positive inflation every months since Trump took office.

Seems to be the exact opposite of lower costs. I’m sure Day 1 is coming sooner or later.  

[RLLD 4,230]

10 minutes ago, MDC said:

Im laughing at MAGAs who believed Trump would lower prices.  

Imagine calling this crew “the adults.”  

 

Why laugh? I mean....your lord and master ran up the prices, lied about it, pretended it wasnt a big deal....and you fell right in line with all that...now...all the sudden all that stuff you denied you think it real.  You are such a good little lemming for your ideological masters.....

And here you are, lying on behalf of those who lied to you....when the truth is something else

You can lie to yourself all you want, but we are unlikely to succumb to the kind of stupid that allows you to be so manipulated

[seafoam1 3,017]

9 minutes ago, MDC said:

Consumer price index shows costs up overall since January 2025. 

Positive inflation every months since Trump took office.

Seems to be the exact opposite of lower costs. I’m sure Day 1 is coming sooner or later. 

 

So, inflation rose a bit from it's lowest point since 2021 this past May. Oh wait, that was right when Trump finished his first term. 

And you have a total of zero real life examples of anything your boasting about. 

Go outside for once. Get some sun and go to the store or fill your gas tank if you own a car. If you've actually done that even once in the past few years, maybe you will learn something useful. 

And your little linked stories are conflicting.

[MDC 7,406]

12 minutes ago, RLLD said:

Why laugh? I mean....your lord and master ran up the prices, lied about it, pretended it wasnt a big deal....and you fell right in line with all that...now...all the sudden all that stuff you denied you think it real.  You are such a good little lemming for your ideological masters.....

And here you are, lying on behalf of those who lied to you....when the truth is something else

You can lie to yourself all you want, but we are unlikely to succumb to the kind of stupid that allows you to be so manipulated

From your link:

Consumer prices came in slightly lower in May, but below expectations as lower energy prices helped, the Labor Department reported on Wednesday.

For the month, prices rose by 0.1%, below the 0.2% forecast, while annual inflation is now at 2.4%, up from April’s 2.3% rate but below the forecast of 2.5%.

So, prices and inflation both up. Seems to be the opposite of lower prices?

Thanks for proving my point Ray! 

[seafoam1 3,017]

1 minute ago, MDC said:

From your link:

Consumer prices came in slightly lower in May, but below expectations as lower energy prices helped, the Labor Department reported on Wednesday.

For the month, prices rose by 0.1%, below the 0.2% forecast, while annual inflation is now at 2.4%, up from April’s 2.3% rate but below the forecast of 2.5%.

So, prices and inflation both up. Seems to be the opposite of lower prices?

Thanks for proving my point Ray! 

So you still have nothing.

[seafoam1 3,017]

The economy can be tough to grasp, but mdc is so lost he's making a fool of himself. 

It must be rough being poor. I would say he should get a second job, but he posts here so much I don't think he has a first job. 

[Hardcore troubadour 15,410]

Eggs. 

[supermike80 1,907]

Ok so NOW can we panic?  Now can we finally accept the horrors that will come?  I see timmy spouting about VERY bad things.  Should we start stockpiling barter materials?   When does the world end?

[Strike 5,535]

4 minutes ago, supermike80 said:

Ok so NOW can we panic?  Now can we finally accept the horrors that will come?  I see timmy spouting about VERY bad things.  Should we start stockpiling barter materials?   When does the world end?

As I'm posting this to you the DJIA is DOWN 300 points and the day is just beginning.  People are gonna start jumping out of high rise windows soon!!

[supermike80 1,907]

Just now, Strike said:

As I'm posting this to you the DJIA is DOWN 300 points and the day is just beginning.  People are gonna start jumping out of high rise windows soon!!

I was just gonna say.  the DOW is TANKING!!  Down 300 points!  Cratering!  

[RLLD 4,230]

6 minutes ago, supermike80 said:

Ok so NOW can we panic?  Now can we finally accept the horrors that will come?  I see timmy spouting about VERY bad things.  Should we start stockpiling barter materials?   When does the world end?

As important.....where was all this "concern" when Biden was driving prices up?  No where to be found 

But all the sudden, these people want to point to their mess....and pretend Trump isnt fixing their fock up fast enough.   At some point, something inside of them should compel them to stop.  They lack the self awareness to see just how pathetic they really are

[RLLD 4,230]

39 minutes ago, MDC said:

From your link:

Consumer prices came in slightly lower in May, but below expectations as lower energy prices helped, the Labor Department reported on Wednesday.

For the month, prices rose by 0.1%, below the 0.2% forecast, while annual inflation is now at 2.4%, up from April’s 2.3% rate but below the forecast of 2.5%.

So, prices and inflation both up. Seems to be the opposite of lower prices?

Thanks for proving my point Ray! 

Whhhhatttt? Inflation changed?  NNNNNOOooooo.... wait, did it reach Biden levels...w.hen you were patiently pretending with him....like a good wittul sychophant? 

[supermike80 1,907]

2 minutes ago, RLLD said:

As important.....where was all this "concern" when Biden was driving prices up?  No where to be found 

But all the sudden, these people want to point to their mess....and pretend Trump isnt fixing their fock up fast enough.   At some point, something inside of them should compel them to stop.  They lack the self awareness to see just how pathetic they really are

I've seen you post this a couple of times and while I agree in principle...Trump did promise to bring down prices.  Now, I am not foolish enough to think politicians actually honor their promises during election time, but dems are allowed to point this out.  It's a fair argument.  Especially, as we all have said many times, it's the economy stupid.

[Ron_Artest 1,506]

He already tried this once and caved.  He's doing again, he will cave again.  Everyone know Trump is a chicken sh1t.

TACO

[MDC 7,406]

1 minute ago, RLLD said:

Whhhhatttt? Inflation changed?  NNNNNOOooooo.... wait, did it reach Biden levels...w.hen you were patiently pretending with him....like a good wittul sychophant? 

I’ll take this as your white flag acknowledgement that prices have gone up since Trump took office.  

[Ron_Artest 1,506]

3 minutes ago, RLLD said:

As important.....where was all this "concern" when Biden was driving prices up?  No where to be found 

But all the sudden, these people want to point to their mess....and pretend Trump isnt fixing their fock up fast enough.   At some point, something inside of them should compel them to stop.  They lack the self awareness to see just how pathetic they really are

All Biden did to "drive prices up" was to flood cash into the system, the same thing Trump did.  However under Biden inflation went down to under 3%, where it is now.

What Trump is doing is actively pursuing inflationary policies with the tariffs.  The fed is countering this by keeping rates high.

[Hardcore troubadour 15,410]

17 minutes ago, Strike said:

As I'm posting this to you the DJIA is DOWN 300 points and the day is just beginning.  People are gonna start jumping out of high rise windows soon!!

I’m hearing everyone is fleeing the Hamptons and headed back to the city before it crashes. 

[JuneJuly 210]

Oooof.  May's and last month's YoY inflation rates of 2.3% and 2.4% are the lowest since February 2021.  

But Trump!!!!!!!

Markets are CRASHING!!!!!!

[Hardcore troubadour 15,410]

Does anyone know what thread had Gutterboys Bitcoin analysis? 

[Ron_Artest 1,506]

7 minutes ago, JuneJuly said:

Oooof.  May's and last month's YoY inflation rates of 2.3% and 2.4% are the lowest since February 2021.  

But Trump!!!!!!!

Markets are CRASHING!!!!!!

Care to articulate what Trump has done to lower inflation?

[JuneJuly 210]

Inflation inching towards 2% AND cash in the bank making a guaranteed 4%?  Yes please!

Keep'em all spooked Trump!  

[seafoam1 3,017]

11 minutes ago, Ron_Artest said:

Care to articulate what Trump has done to lower inflation?

You can't see the numbers and take a stab at figuring it out for yourself? Do you have some mental disabilities or something? 

[seafoam1 3,017]

8 minutes ago, JuneJuly said:

Inflation inching towards 2% AND cash in the bank making a guaranteed 4%?  Yes please!

Keep'em all spooked Trump!  

Up 9 % in my 401k (now IRA) over the past 12 months, 4% in my cash in the bank, and bought all my company stock at a 15% discount over the years and that's moved up nearly $280 a share since I joined the company 22 years ago. And I won't need to touch any of it for years to come. 

Gutterboy announced in February that he bailed on all of his investments out of fear. 

Keep'em all spooked Trump!  

[JuneJuly 210]

1 minute ago, seafoam1 said:

Up 9 % in my 401k (now IRA) over the past 12 months, 4% in my cash in the bank, and bought all my company stock at a 15% discount over the years and that's moved up nearly $280 a share since I joined the company 22 years ago. And I won't need to touch any of it for years to come. 

Gutterboy announced in February that he bailed on all of his investments out of fear. 

Keep'em all spooked Trump!  

Good!

But you should have kept it in a 401k, you can't backdoor roth now.  

[seafoam1 3,017]

24 minutes ago, JuneJuly said:

Good!

But you should have kept it in a 401k, you can't backdoor roth now.  

No I retired in my 50s.  Had to move it. 

[MDC 7,406]

 

 

[JuneJuly 210]

3 minutes ago, seafoam1 said:

No I retired in my 50s.  Had to move it. 

. No more high salary no more need.  

Were the opposite, can keep the 401k, forced to sell the company stock.  

[seafoam1 3,017]

30 minutes ago, JuneJuly said:

. No more high salary no more need.  

Were the opposite, can keep the 401k, forced to sell the company stock.  

I see. I haven't thought about selling the stock other than, how to approach it. All of the stock is over a year old since I bought. But thinking about when  the time comes. 

I'm won't be eligible for social security for a few years but also thinking about that and how to approach. I know the old rule is wait as long as possible, but I would hate to see some new wave Hillary Clinton get in the white house and fock that all up. Plus, WTF knows when our time will be up on this earth. I have plenty of time to think about it though.

How are you withdrawing from you stock? Are you taking out as needed, or simply in larger chunks? 

[The Real timschochet 6,757]

2 hours ago, supermike80 said:

Ok so NOW can we panic?  Now can we finally accept the horrors that will come?  I see timmy spouting about VERY bad things.  Should we start stockpiling barter materials?   When does the world end?

Do you have trouble reading with comprehension? I wrote that things would be VERY bad IF Trump ever stuck to his guns and kept up high tariffs on our main trading partners (Canada, China, Mexico, the European Union) without backing off. I also wrote that nobody expects Trump NOT to cave. 
 

Do I need to repeat it again for you?