The dollars and cents of tariffs.

[martybegan]

Stop it, Marty. Quit trolling. Stay on topic and discuss it. Or shut up.

FOAD.

 

[JohnDB]

Did it ever occur to them to actually, slowly but steadily increase the value of the dollar?
Pennies once held a LOT of value....to the point that a months worth of groceries was $2.00.

Now a penny won't even buy a gumball much less a pencil.

 

[konradv]

.Quote me saying anything about hitting someone with a bat and then STFU.

Quote? Everyone saw your post, gaslighter!

 

[John Edgar Slow Horses]

FOAD.

 

[OhPleaseJustQuit]

Quote? Everyone saw your post, gaslighter!

.


Translation -- "I can't prove what I said. Quit picking on me.,"




.

 

[konradv]

Translation -- "I can't prove what I said. Quit picking on me.,"

You were the one complaining, gaslighter.

 

[John Edgar Slow Horses]

 

[John Edgar Slow Horses]

 

[John Edgar Slow Horses]

 

[schmidlap]

Good.

Is there NO ONE around this buffoon who's willing to tell him what is happening?

The craven blowhard would just blame some predecessor.

​

Trump says good parts of US economy are 'Trump economy,' bad parts are 'Biden economy'​

Meanwhile, the insidious reality unfolds:

In this year's first quarter, the US economy shrank by an annualized rate of 0.3%, the first decline since 2022.​

​

Consumer sentiment dropped every month this year, and an economist from Moody's Analytics told Business Insider it could drop further when the "material effects" of the tariffs and other policies begin. Meanwhile, some economists are warning that the US is on a path toward a recession. Other experts are ringing alarm bells that the country could be headed into a period of stagflation — when high inflation is paired with slow economic growth and an increase in unemployment.​

One map shows how each US state generates the GDP of a country

Each state's GDP compares to that of another country in the world.

www.businessinsider.com

​

 

[berg80]

The European Union’s executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.’s “reciprocal” tariff policy and duties on cars and car parts.

The European Commission also said it had launched a public consultation on a list of U.S. imports potentially subject to countermeasures. The list covers U.S. imports worth 95 billion euros ($107.4 billion) across a range of industrial and agricultural products.

“It is the unequivocal view of the EU that these [U.S.] tariffs blatantly violate fundamental WTO rules,” the European Commission said in a statement.

“The EU’s objective is thus to reaffirm that internationally agreed rules matter, and these cannot be unilaterally disregarded by any WTO member, including the US.”

https://www.cnbc.com/2025/05/08/european-union-dispute-against-us-tariffs-world-trade-organization.html

Dotard continues to conflate trade deficits with unfair tariff practices. No one in the regime dares to correct him.

 

[Mac1958]

The craven blowhard would just blame some predecessor.

​

We can count on that happening for the entirety of his term, with the flock shouting it from the mountaintops.

 

[schmidlap]

We can count on that happening for the entirety of his term, with the flock shouting it from the mountaintops.

And so it goes:

U.S. worker productivity dropped in the first quarter for the first time in nearly three years, resulting in a surge in labor costs that could squeeze margins for businesses at a time when they are facing rising costs from tariffs.​

​

Nonfarm productivity, which measures hourly output per worker, fell at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said on Thursday. That was the first decline since the second quarter of 2022...​

 

[schmidlap]

View attachment 1108364

Trump worshipers stridently insist that their Blowhard Messiah knows more about science than scientists, more about medicine than medical doctors, and more about economics than economists, despite a plethora of empirical evidence to the contrary.

Citadel founder Ken Griffin... during the Milken Institute’s Global Conference: “I thought that would play out over the course of years. It’s terrifying to watch this play out over the course of weeks.”​

​

The administration’s sporadic exemptions of certain products and industries make it “very clear that we have roughly already — regretfully — unleashed an era of crony capitalism,” he added.​

​

Griffin’s frustration with Trump’s policies reflected broader concerns at the annual conference over how the trade war could derail the U.S. economy. For the Wall Street and industry elites at Milken, Trump’s dismantling of global trade is forcing them to adjust — uncomfortably — to policies that they believe will disrupt the flow of capital to U.S. businesses and harm consumers. The lack of buy-in from Wall Street poses a major problem for the president because these are the people he needs to make his agenda work...​

​

Griffin explained how his early enthusiasm for the Trump 2.0 agenda faded as the president’s trade policies took hold. The GOP mega-donor — who warned last month that those policies could “tarnish” the dollar’s brand — said the greenback’s recent decline will soon weaken the spending power of American consumers...​

​

Whether it’s a flat-screen TV or a new laptop, your dollar is just not going to go as far,” he said. “This starts unfolding in the next couple weeks.”​

​

https://www.politico.com/news/2025/05/08/griffin-trump-tariffs-milken-wall-street-00335374

​

"Them 'liberals' is so dumb!"​

​

 

[John Edgar Slow Horses]