Silver lining

Originally posted by: PJ Stroh

---

There has been steady inflation on consumer goods since APril and its been increasing each month.   THat will only get worse as importers burn through the inventory they loaded up on in the Spring.    ....unless Trump fires the person who reports that data too.

 

The country has paid over 100 billion in tarrifs since Spring.    Some is passed to the consumers...some is eaten up by the importers.   Regardless its a 100 billion dollar tax increase in less than six months.   

 

Goldman Sachs today predicts it will be alot more obvious this quarter.    Trump shit his pants as you would expect.        

---

Originally posted by: Boilerman

---

2.7% inflation from a year ago.  Biden averaged 5.9% for 48 months.  I told you that the "Inflation Reduction Act" was going to spike inflation, and it did.

---

Originally posted by: Boilerman

---

2.7% inflation from a year ago.  Biden averaged 5.9% for 48 months.  I told you that the "Inflation Reduction Act" was going to spike inflation, and it did.

---

Originally posted by: Boilerman

---

I've said this many times.  Trump doesn't want tariffs, but instead fair trade.  His negotiation tool is tariffs.  It will cause bumps along the way, but America will be in much better shape in a decade because of Trump policies....and then Democrats will claim that the great economy is their doing.

 

 

---