Tariffs And High Prices

[Independent thinker]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

 

[kyzr]

You want to discuss BIAS?
The MSM was always biased against Trump. Here is an oldie but goodie from the Harvard Student Daily.
Examples of Media Bias

Weekly Example of Media Bias​

Universities prefer to lose $billions of taxpayer dollars rather than be politically neutral.

Harvard stands to lose $2.2 billion in federal funding. Researchers fear science will suffer.

President Donald Trump's administration says it will freeze $2.2 billion in federal research grants for Harvard University.

www.boston.com

The "deep state" entrenched in government doles out $billions to democrats for their slush funds.
Here are a few examples:

$375B EPA slush fund handled by John Podesta gave billions to charities founded only months earlier

By Isabel Vincent The Biden administration funneled at least $20 billion dollars into environmental groups, most of which had only recently been founded, The Post has discovered. In one case, forme…

www.climatedepot.com

ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags | US EPA

EPA News Release: ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags

www.epa.gov

 

[Independent thinker]

You want to discuss BIAS?
The MSM was always biased against Trump. Here is an oldie but goodie from the Harvard Student Daily.
Examples of Media Bias

Weekly Example of Media Bias​

Universities prefer to lose $billions of taxpayer dollars rather than be politically neutral.

Harvard stands to lose $2.2 billion in federal funding. Researchers fear science will suffer.

President Donald Trump's administration says it will freeze $2.2 billion in federal research grants for Harvard University.

www.boston.com

The "deep state" entrenched in government doles out $billions to democrats for their slush funds.
Here are a few examples:

$375B EPA slush fund handled by John Podesta gave billions to charities founded only months earlier

By Isabel Vincent The Biden administration funneled at least $20 billion dollars into environmental groups, most of which had only recently been founded, The Post has discovered. In one case, forme…

www.climatedepot.com

ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags | US EPA

EPA News Release: ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags

www.epa.gov

Media bias actually goes beyond Trump. Even before Trump, the media was biased against Republicans in general. Trump has just become their lightning rod.

 

[itfitzme]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

Biden isn't in office now. Trump is in office now.

Trump tariffs will raise prices unless companies were price gouging and don't raise prices to make up for the increased tax on imported goods.

Ten out of eleven recessions began under a Republican administration.

What "left" didn't blame Biden? And so what? How is "they didn't do something" a "fact"?

Companies were price gouging. They always do. Prices are "sticky upwards". It is part of what drives inflation.

"Sen. Elizabeth Warren (D-Mass.) signaled she’s not only concerned by the sweeping tariffs President Trump ordered on imports from world trade partners, but also by the opportunity it creates for “price gouging.”" - https://thehill.com/ 04/09/25

"May 23, 2024 — First, there's price fixing, which is absolutely illegal, and we do have pending cases at the Department of Justice. There's also price gouging." - Sen. Elizabeth Warren (D-Mass.)
So, those are the facts that I can come up with. What are you talking about?

There is no "left". It's a made up boogyman term you use to mean "Anyone that doesn't agree with me.". Who was this "left didn’t blame Biden." What are you talking about?

 

[Independent thinker]

Biden isn't in office now. Trump is in office now.

Hence the reason for the double standard. I couldn't agree with you more.

 

[task0778]

Not sure I see the connection between price gouging and tariffs. With or without a tariff, individual domestic companies set their prices and Trump has nothing to do with that. If their prices are too high then consumers won't buy their stuff, or at least not as much. Price gouging has to do with a limited supply of a particular product; tariffs are all about reducing demand for imported stuff by raising the price, right? That isn't price gouging, that's gov't intervention into the marketplace. Two different things IMHO.

 

[MarcATL]

LMAO!!!

 

[Lesh]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

You seem to hear what you want to hear… whether it’s being said or not.

At the end of the pandemic prices increased. Inflation went up. BECAUSE both Trump and Biden pumped trillions into the economy (necessarily) and because supply chain issues fucked things up.

On TOP of that corps tacked on a little more. In some cases to recoup losses incurred during Covid and in some cases to boost profits.

There wasn’t much we could do about the money that had already been pumped into the economy but wait for it to shake out… and it did. Supply chain issues were dealt with. And yeah… we called out corps jacking up prices on top of all that.

Now Trump is giving corps the excuse to jack up prices AGAIN. Some because their prices are going up. Some just taking advantage of the situation.

What’s different? What occurred in 2020 was beyond our control. It was a pandemic

What Trump is doing now is completely unnecessary. There is no need and no reason for this

 

[Tumblin Tumbleweed]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

Yes, companies are greedy. Of course, the orange bag O' shit is striking me as an incompetent fool that doesn't know what the fuck he's doing by governing with EOs.

Your rhetoric falls flat, as usual.

 

[citygator]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

Supply and demand.

Covid shutdowns restrict supply and prices go up.

Trump tariff shutdowns restrict supply and prices go up.

What dont you understand?

 

[Tumblin Tumbleweed]

Supply and demand.

Covid shutdowns restrict supply and prices go up.

Trump tariff shutdowns restrict supply and prices go up.

What dont you understand?

Uncomfortable facts. Magaturds don't accept them.

 

[Rawley]

There is no "left". It's a made up boogyman term you use to mean "Anyone that doesn't agree with me.". Who was this "left didn’t blame Biden." What are you talking about?

17 "Nobel laureates"

Janet Yellen

Every single elected democrat.

Were you living under a rock?

 

[konradv]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

Totally different situations. Biden didn’t enact blanket worldwide tariffs. Also, Trump once again shows his weakness by backing off the the reported 145% tariff on China!

 

[itfitzme]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

Hence the reason for the double standard. I couldn't agree with you more.

This is why you are always wrong. You don't pay attention.

"Sen. Elizabeth Warren (D-Mass.) signaled she’s not only concerned by the sweeping tariffs President Trump ordered on imports from world trade partners, but also by the opportunity it creates for “price gouging.”" - https://thehill.com/ 04/09/25

"May 23, 2024 — First, there's price fixing, which is absolutely illegal, and we do have pending cases at the Department of Justice. There's also price gouging." - Sen. Elizabeth Warren (D-Mass.)

 

[Foxfyre]

It just hit me today. When Biden was in office and his policies caused high prices the left didn’t blame Biden. They claimed it was greedy companies price gouging.

Now we have Trump enacting tariffs and companies are saying that their prices are going to be going up and yet the left blame Trump and we don’t hear one word from the left about greedy companies price gouging. I guess the left don’t think companies price gouge after all, unless it is under democrat rule.

If the left didn’t have hypocrisy they wouldn’t have anything.

And yet inflation continues to drop month by month. Prices aren't coming down much if any yet, but they don't seem to be going up either. The media/Democrats continue to use soft economic data to tell us all that the sky is falling but when the hard data comes in, the economic numbers are pretty darn solid.

No serious economist is predicting a recession this year. There is a lot of difference of opinion whether we've hit bottom on the market sell off yet but we are sure having a nice rally yesterday and today.

Trump does need to turn this around a bit more for the House and Senate to keep GOP majorities, but all in all everything is looking pretty good.

If the tariffs have the intended effect within a reasonable period, everything will most likely look really really good.