Trump Will Bring Back Lower Prices and Prosperity-NOT!

[Rambunctious]

You are nobody important, random guy on an Inn3rt00bz message board.

Bologna... you guys would cry if I ever left...

 

[whitehall]

You have to laugh at the desperate left these days when they whine about poor China having to endure tariffs and higher prices in Walmart for cheap Chinese made junk. I'd settle for lower taxes and cheaper energy prices and a relatively stable foreign policy. Wait a minute, that's the definition of "peace and prosperity" isn't it?

 

[Rambunctious]

Arlette don't go away mad...

 

[Arlette]

Go fuck yourself... how's that for manners... if you can't debate here without reporting those who you disagree with you won't last here long... I am sure the mods are laughing at you right now....

Request denied

 

[August West]

Righties won and they still spend their days crying like babies.
Why is that? Do they not have lives to live? Can they read books or play sports?
I`m 71 and I shoot basketball with some other geezers at the YMCA 2 or 3 mornings a week and if we ever have winter again, I`ll be downhill skiing. They need to take their heads out of Trump`s ass and live.

 

[Rambunctious]

Request denied

Just keep watching Arlette... you aren't a dummy I can tell... but you have been fed a line for years by people you trust... but you should not have trusted them...

 

[Lakhota]

 

[Lakhota]

 

[Rambunctious]

She will have to learn the hard way.... there goes the Mexican economy down the drain....

 

[Cellblock2429]

The right wingers willl poo poo this as liberal bias coming from the Washington Post. But this is what you're voting for. Trump is an idiot that knows nothing about economics. You guys were shown he didn't create the last one, but you guys refuse to believe it. If he is elected, this is what you'll get.

Companies ready price hikes to offset Trump’s global tariff plans​

Executives say Americans, not foreign countries, will pay the tariffs.

Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday.

Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.

The planned price increases next year would come as consumers are beginning to enjoy relief from the highest inflation in four decades, and they directly contradict Trump’s repeated assurances that foreigners will pay the tariff tab.

“We’re set to raise prices,” Timothy Boyle, chief executive of Columbia Sportswear, said in an interview. “We’re buying stuff today for delivery next fall. So we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”

https://www.washingtonpost.com/business/2024/10/30/companies-tariffs-trump-prices/

/----/ "Trump is an idiot that knows nothing about economics."
That's rich coming from your side that blew through $1.5 billion in 12 weeks and are still $20 million in debt.

 

[justoffal]

The right wingers willl poo poo this as liberal bias coming from the Washington Post. But this is what you're voting for. Trump is an idiot that knows nothing about economics. You guys were shown he didn't create the last one, but you guys refuse to believe it. If he is elected, this is what you'll get.

Companies ready price hikes to offset Trump’s global tariff plans​

Executives say Americans, not foreign countries, will pay the tariffs.

Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday.

Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.

The planned price increases next year would come as consumers are beginning to enjoy relief from the highest inflation in four decades, and they directly contradict Trump’s repeated assurances that foreigners will pay the tariff tab.

“We’re set to raise prices,” Timothy Boyle, chief executive of Columbia Sportswear, said in an interview. “We’re buying stuff today for delivery next fall. So we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”

https://www.washingtonpost.com/business/2024/10/30/companies-tariffs-trump-prices/

Bullshit....they are unaffordable now. There's only one way out and that means some pain upfront. Keeping them affordable? What a laugh.

 

[ThisIsMe]

Biden and Harris didn't. COVID did. There has been no surge. And if you support trump don't bitch about immigrtion.

So, if it's trump, it's his fault, if it's biden, it's covids fault.

Must be nice to be able to just offload the blame so easily

 

[struth]

The right wingers willl poo poo this as liberal bias coming from the Washington Post. But this is what you're voting for. Trump is an idiot that knows nothing about economics. You guys were shown he didn't create the last one, but you guys refuse to believe it. If he is elected, this is what you'll get.

Companies ready price hikes to offset Trump’s global tariff plans​

Executives say Americans, not foreign countries, will pay the tariffs.

Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday.

Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.

The planned price increases next year would come as consumers are beginning to enjoy relief from the highest inflation in four decades, and they directly contradict Trump’s repeated assurances that foreigners will pay the tariff tab.

“We’re set to raise prices,” Timothy Boyle, chief executive of Columbia Sportswear, said in an interview. “We’re buying stuff today for delivery next fall. So we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”

https://www.washingtonpost.com/business/2024/10/30/companies-tariffs-trump-prices/

At least you acknowledged we needed to get back to it

Which is odd cause you still voted for harris

 

[sealybobo]

The right wingers willl poo poo this as liberal bias coming from the Washington Post. But this is what you're voting for. Trump is an idiot that knows nothing about economics. You guys were shown he didn't create the last one, but you guys refuse to believe it. If he is elected, this is what you'll get.

Companies ready price hikes to offset Trump’s global tariff plans​

Executives say Americans, not foreign countries, will pay the tariffs.

Across the United States, companies that rely on foreign suppliers are preparing to raise prices in response to the massive import tariffs that former president Donald Trump promises if he wins the election Tuesday.

Producers of a range of items, including clothing, footwear, baby products, auto parts and hardware, say they will pass along the cost of the tariffs to their American customers.

The planned price increases next year would come as consumers are beginning to enjoy relief from the highest inflation in four decades, and they directly contradict Trump’s repeated assurances that foreigners will pay the tariff tab.

“We’re set to raise prices,” Timothy Boyle, chief executive of Columbia Sportswear, said in an interview. “We’re buying stuff today for delivery next fall. So we’re just going to deal with it and we’ll just raise the prices. … It’s going to be very, very difficult to keep products affordable for Americans.”

https://www.washingtonpost.com/business/2024/10/30/companies-tariffs-trump-prices/

Is this a win for Trump or should us home owners be pissed?

Pending home sales drop to the lowest level on record in January​

Pending sales dropped 4.6% from December to the lowest level since the National Association of Realtors began tracking this metric in 2001.

High mortgage rates and elevated home prices combined to crush home sales in January.

Sales fell hardest in the South, which has been the most active region for home sales in recent years.

This drop in sales also came despite the fact that the inventory of homes for sales in January, including homes that were under contract but not yet sold, increased by 17% compared with last year

Loading…

www.cnbc.com

 

[justoffal]

Is this a win for Trump or should us home owners be pissed?

Pending home sales drop to the lowest level on record in January​

Pending sales dropped 4.6% from December to the lowest level since the National Association of Realtors began tracking this metric in 2001.

High mortgage rates and elevated home prices combined to crush home sales in January.

Sales fell hardest in the South, which has been the most active region for home sales in recent years.

This drop in sales also came despite the fact that the inventory of homes for sales in January, including homes that were under contract but not yet sold, increased by 17% compared with last year

Loading…

www.cnbc.com

The inventory increase is due to a very complex economic stagnation. Tens of thousands of previously speculated properties are now in limbo because the landlords cannot get enough rent to cover insurance, taxes and general maintenance. It's cheaper for them to leave the house empty. Many of these are now for sale and can only be purchased by people who want to live in them.. It will take some time for the stagnation to drive the prices down.

 

[sealybobo]

The inventory increase is due to a very complex economic stagnation. Tens of thousands of previously speculated properties are now in limbo because the landlords cannot get enough rent to cover insurance, taxes and general maintenance. It's cheaper for them to leave the house empty. Many of these are now for sale and can only be purchased by people who want to live in them.. It will take some time for the stagnation to drive the prices down.

No one wants the prices to come down. I guess the rich would like a crash so they can buy low again.

My brother bought 65 acres in heaven for $95K after the Bush Great Recession. Put a nice house and nice barn/garage on it. Amazing place. It's where I got the 10 point you see. That property has to be worth over $1 million now. I'm sure the house and barn cost him $700K to build though.

We have done so much work to this property. I'm telling you I think it's worth $2 million. Who knows. His kids plan to keep it after he's gone. They want to put a pond in center field where we now plant food crops for the deer.

There may be a crash so you better be ready but don't think the price isn't going to come right back to where it is now. Even higher. And that'll be a good thing for you if you buy low.

Most of us are not hurting right now

From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.

While wages have been rising faster than inflation, many Americans still feel like they aren't keeping up

Key word "feel". You're doing fine and you don't even know it. Or, most of us are. If you are blue collar maybe not.