How much more money is coming out of your pocketbook because of Trump?

[Luckyone]

AI Overview

Americans are paying an extra $1,300 to $2,500 per year out of their own pockets due to tariff costs alone. The ongoing conflict with Iran has further burdened households with an additional $450 to $750 in direct energy and gas expenses so far.

Because the financial toll of these policies is spread across the broader economy, the specific impact varies:

• Trump Tariffs: Analyses indicate that 96% of the financial burden of import taxes is passed directly from businesses to consumers in the form of higher retail prices. This equates to about The Tax Foundation in extra costs for the average household, with some projections reaching as high as $2,500
• War with Iran: The military conflict has strained the energy sector, resulting in higher fuel and food prices. Moody's Analytics estimated that the immediate energy and inflationary fallout of the Iran war has cost U.S. households roughly $750 overall, contributing to inflation pressures that have stalled inflation-adjusted wage gains.
• Broader Economic Impacts: Beyond direct out-of-pocket costs, supply chain bottlenecks and inflation have pushed up borrowing costs and interest rates, forcing some homebuyers to pay thousands of dollars more annually over the life of their loans.

This means that Americans are dishing out of their pockets (so far) anywhere from $1750 to $3250 per year (according to their income and way of life), simply because Trump is president.

How much exactly have YOU (personally) received back in benefits, that would make you feel good about the increased costs that you have had to pay out because of Trump?

 

[LA RAM FAN]

AI Overview

Americans are paying an extra $1,300 to $2,500 per year out of their own pockets due to tariff costs alone. The ongoing conflict with Iran has further burdened households with an additional $450 to $750 in direct energy and gas expenses so far.

Because the financial toll of these policies is spread across the broader economy, the specific impact varies:

• Trump Tariffs: Analyses indicate that 96% of the financial burden of import taxes is passed directly from businesses to consumers in the form of higher retail prices. This equates to about The Tax Foundation in extra costs for the average household, with some projections reaching as high as $2,500
• War with Iran: The military conflict has strained the energy sector, resulting in higher fuel and food prices. Moody's Analytics estimated that the immediate energy and inflationary fallout of the Iran war has cost U.S. households roughly $750 overall, contributing to inflation pressures that have stalled inflation-adjusted wage gains.
• Broader Economic Impacts: Beyond direct out-of-pocket costs, supply chain bottlenecks and inflation have pushed up borrowing costs and interest rates, forcing some homebuyers to pay thousands of dollars more annually over the life of their loans.

This means that Americans are dishing out of their pockets (so far) anywhere from $1750 to $3250 per year (according to their income and way of life), simply because Trump is president.

How much exactly have YOU (personally) received back in benefits, that would make you feel good about the increased costs that you have had to pay out because of Trump?

just expanding upon what your hero LYING biden did to the American people ripping them off same as he did wanker.

 

[Woodznutz]

AI Overview

Americans are paying an extra $1,300 to $2,500 per year out of their own pockets due to tariff costs alone. The ongoing conflict with Iran has further burdened households with an additional $450 to $750 in direct energy and gas expenses so far.

Because the financial toll of these policies is spread across the broader economy, the specific impact varies:

• Trump Tariffs: Analyses indicate that 96% of the financial burden of import taxes is passed directly from businesses to consumers in the form of higher retail prices. This equates to about The Tax Foundation in extra costs for the average household, with some projections reaching as high as $2,500
• War with Iran: The military conflict has strained the energy sector, resulting in higher fuel and food prices. Moody's Analytics estimated that the immediate energy and inflationary fallout of the Iran war has cost U.S. households roughly $750 overall, contributing to inflation pressures that have stalled inflation-adjusted wage gains.
• Broader Economic Impacts: Beyond direct out-of-pocket costs, supply chain bottlenecks and inflation have pushed up borrowing costs and interest rates, forcing some homebuyers to pay thousands of dollars more annually over the life of their loans.

This means that Americans are dishing out of their pockets (so far) anywhere from $1750 to $3250 per year (according to their income and way of life), simply because Trump is president.

How much exactly have YOU (personally) received back in benefits, that would make you feel good about the increased costs that you have had to pay out because of Trump?

I don't spend enough to worry about it.

 

[Oddball]

AI Overview

Americans are paying an extra $1,300 to $2,500 per year out of their own pockets due to tariff costs alone. The ongoing conflict with Iran has further burdened households with an additional $450 to $750 in direct energy and gas expenses so far.

Because the financial toll of these policies is spread across the broader economy, the specific impact varies:

• Trump Tariffs: Analyses indicate that 96% of the financial burden of import taxes is passed directly from businesses to consumers in the form of higher retail prices. This equates to about The Tax Foundation in extra costs for the average household, with some projections reaching as high as $2,500
• War with Iran: The military conflict has strained the energy sector, resulting in higher fuel and food prices. Moody's Analytics estimated that the immediate energy and inflationary fallout of the Iran war has cost U.S. households roughly $750 overall, contributing to inflation pressures that have stalled inflation-adjusted wage gains.
• Broader Economic Impacts: Beyond direct out-of-pocket costs, supply chain bottlenecks and inflation have pushed up borrowing costs and interest rates, forcing some homebuyers to pay thousands of dollars more annually over the life of their loans.

This means that Americans are dishing out of their pockets (so far) anywhere from $1750 to $3250 per year (according to their income and way of life), simply because Trump is president.

How much exactly have YOU (personally) received back in benefits, that would make you feel good about the increased costs that you have had to pay out because of Trump?

And you idiotic clapping seals are ecstatic that the refunds for the tariffs are going to...










wait for it......

Spoiler

... the corporations!

So much easier to snivel and bellyache about ORANGE MAN BAD!...Schmucks.

 

[Chuz Life]

AI Overview

Americans are paying an extra $1,300 to $2,500 per year out of their own pockets due to tariff costs alone. The ongoing conflict with Iran has further burdened households with an additional $450 to $750 in direct energy and gas expenses so far.

Because the financial toll of these policies is spread across the broader economy, the specific impact varies:

• Trump Tariffs: Analyses indicate that 96% of the financial burden of import taxes is passed directly from businesses to consumers in the form of higher retail prices. This equates to about The Tax Foundation in extra costs for the average household, with some projections reaching as high as $2,500
• War with Iran: The military conflict has strained the energy sector, resulting in higher fuel and food prices. Moody's Analytics estimated that the immediate energy and inflationary fallout of the Iran war has cost U.S. households roughly $750 overall, contributing to inflation pressures that have stalled inflation-adjusted wage gains.
• Broader Economic Impacts: Beyond direct out-of-pocket costs, supply chain bottlenecks and inflation have pushed up borrowing costs and interest rates, forcing some homebuyers to pay thousands of dollars more annually over the life of their loans.

This means that Americans are dishing out of their pockets (so far) anywhere from $1750 to $3250 per year (according to their income and way of life), simply because Trump is president.

How much exactly have YOU (personally) received back in benefits, that would make you feel good about the increased costs that you have had to pay out because of Trump?

Thanks for worrying so much about my financial situation.

I'm afraid to tell you how much my IRA and home equity has increased.

So at least that's a plus.

Right?

 

[Luckyone]

I don't spend enough to worry about it.

Well then, this is probably not bothering you



AI Overview

Donald Trump has increased his wealth by an estimated $3 billion to $4 billion since returning to office, bringing his total net worth to roughly $6.5 billion. However, while this surge has made him significantly richer, financial and economic analysts attribute these gains to cryptocurrency ventures, foreign licensing, and a major legal victory, rather than direct personal enrichment from his tariffs or inflation.

The relationship between his wealth, inflation, and his tariff policies breaks down as follows:

• Tariffs: Rather than making him richer, broad U.S. tariffs have actually caused temporary declines in his overall net worth. Trump holds a massive portfolio of real estate and business assets, and his sweeping tariff announcements led to market sell-offs and stock volatility that temporarily reduced his fortune. Additionally, his shares in Trump Media and Technology Group (the parent company of Truth Social) have declined, though the overall boost in his other assets offset these losses.
• Inflation: While Trump's wealth has grown while working-class Americans face a higher cost of living, economists and financial analysts tie his surging wealth to his business dealings and investments rather than his domestic inflation. His wealth growth is largely driven by cryptocurrency ventures, a resurgence in foreign licensing deals, and the dismissal of a massive legal judgment.
• Wealth Trajectory: According to Forbes, his net worth grew from around $3.9 billion to $4.3 billion prior to his election, and has subsequently surged as high as $6.5 billion to $7.3 billion during his second term

But most of the population (except the rich) are poorer. That dichotomy does not bother you?

 

[Oddball]

MoreShitNow....The same azzholes that told us that absolutely, positively Trump was a RUSSIAN! asset.

 

[Lesh]

Does that account for the extra $30 every time I fill up one of my cars?

 

[my2¢]

Not much more is coming out of my pocket because of the new federal tax deductions while the government is still spending like crazy. The amount out of my pocket would be less than before if I hadn't stepped up my charitable donations.

The lack of fiscal responsibility on both party's part is totally insane.

 

[AyeCantSeeYou]

THREAD LOCKED

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