Walmart Says It's Raising Prices Because of Trump's Tariffs

[SweetTea]

You know, if the federal government would have been spending our money in ways that truly helped those in need, and it was spending it on infrastructure projects and national security instead of attempting to social engineer the country in ways that was hostile to millions of Americans, then there wouldn't have been a problem. Then we had all this foreign aid that ended in up being in many cases these kick backs, waste, fraud, and abuses going on.

Corruption left unchecked metastasizes unabated into a tragedy for a country, and this is what we are seeing in all of this mess.

Yep, corruption in federal government is defintely a problem as well. One would think that we could all agree on that. Both Republicans and Democrats are involved.

 

[Marener]

We can cut taxes and reduce government spending along with the other things Trump has mentioned and stimulate the economy all at the same time. The cuts must be coupled with other stimulus like deregulation, increased energy production, etc. to be fully effective.

There is enough waste in government that spending could be cut without any discernible effect on programs. While government spending has a stimulative effect, wasteful government hiring, for example, is like robbing Peter to pay Paul. It makes little sense to make unnecessary government hires to decrease unemployment and increase tax revenues because ultimately their employment(salary and benefits) cost the government and the tax payers far more than it benefits the economy. That seems to be the Democrat’s plan. Government hiring rarely shrinks under Democrats.

The most pressing issue is government waste. It should be tackled first and foremost. Democrats seem to have this idea that raising taxes is the first step and even the only step in some cases. That is like raising the credit limit on a credit card for someone that has continued to max it out and can’t make the minimum payment. In the real world, a business can’t just raise their prices(taxes) to accommodate for their inefficiencies. Government desperately needs to take some financial pointers from the business world.

This is all a lot of wishful thinking. You're wanting to have your cake and eat it too.

No, you can't cut taxes by trillions of dollars and balance the budget just by cutting the "wasteful" hiring. As any rational person knows, the government spending is primarily coming from entitlements, defense and now interest on debt. None of that has anything to do with the shiny objects that has you so distracted. Even if it did, the Trump administration has proven they're not the kind of thoughtful and careful people to do this. Elon Musk lasted a few months before he left in an embarrassing fade away having accomplished very little.

You so desperately have to believe in this "waste" because you so desperately want your tax cuts that you have to create a fantasy story for yourselves to be able to get what you want without having to cognitively justify the price.

You're like a morbidly obese man who eats a whole ******* pizza and promises himself he's going to run 10 miles tomorrow to justify it when we all know he isn't going to run 10 miles and would probably have a heart attack if he tried.

 

[SweetTea]

This is all a lot of wishful thinking. You're wanting to have your cake and eat it too.

No, you can't cut taxes by trillions of dollars and balance the budget just by cutting the "wasteful" hiring. As any rational person knows, the government spending is primarily coming from entitlements, defense and now interest on debt. None of that has anything to do with the shiny objects that has you so distracted. Even if it did, the Trump administration has proven they're not the kind of thoughtful and careful people to do this. Elon Musk lasted a few months before he left in an embarrassing fade away having accomplished very little.

You so desperately have to believe in this "waste" because you so desperately want your tax cuts that you have to create a fantasy story for yourselves to be able to get what you want without having to cognitively justify the price.

You're like a morbidly obese man who eats a whole ******* pizza and promises himself he's going to run 10 miles tomorrow to justify it when we all know he isn't going to run 10 miles and would probably have a heart attack if he tried.

Musk wasn’t planning on staying long. That was all part of the deal. Why are you so upset that he cut uncessary spending. You haven't fallen victim to the Democratic lie that people won’t be getting their SS checks or won’t be covered under Medicaid or Medicare, right? Are you ok that they lie to you like that?

Sorry, but cutting taxes, or in this case, just keeping the tax cuts already on the books, and increasing the GDP by the things I mentioned above will work. You will see. I will laugh.

 

[Marener]

Musk wasn’t planning on staying long. That was all part of the deal. Why are you so upset that he cut uncessary spending. You haven't fallen victim to the Democratic lie that people won’t be getting their SS checks or won’t be covered under Medicaid or Medicare, right? Are you ok that they lie to you like that?

Sorry, but cutting taxes, or in this case, just keeping the tax cuts already on the books, and increasing the GDP by the things I mentioned above will work. You will see. I will laugh.

Why didn’t it work the first term?

 

[Cellblock2429]

Rolling Stone

Walmart, the largest retailer in the nation, has announced it is raising prices because of President Donald Trump's tariffs.

The retail giant said on Thursday that it may absorb some of the import taxes, but it is still raising prices to offset increased costs resulting from Trump's ill-advised trade war.

MSN

/----/ And Home Depot isn't.

• Home Depot announced it will not raise prices due to tariffs. - Bloomberg

 

[SweetTea]

Why didn’t it work the first term?

Musk wasn’t there in the first term.

You said yourself that Trump isn’t implementing the same plans as his first term. He is much more aggressive this time, which is a very good thing. Why didn’t your plan work under Biden?Do you think the GDP numbers would have been better had he raised taxes? Biden’s GDP numbers were no better(a little worse) than Trump’s first term, when you remove 2020 and 2021, the outliers from COVID.

 

[Marener]

Musk wasn’t there in the first term.

You said yourself that Trump isn’t implementing the same plans as his first term. He is much more aggressive this time, which is a very good thing. Why didn’t your plan work under Biden?Do you think the GDP numbers would have been better had he raised taxes? Biden’s GDP numbers were no better(a little worse) than Trump’s first term, when you remove 2020 and 2021, the outliers from COVID.

He’s more aggressive with tariffs, until he realized that was going to crater the economy and then bailed.

But the deregulation, and tax cuts were done under the first Trump administration. You’re claiming this is going to lead to economic prosperity but it didn’t do much the first time you tried it. Why not?

 

[j-mac]

Can you show us on this doll where Walmart touched you?

I’m just not a fan…

 

[SweetTea]

He’s more aggressive with tariffs, until he realized that was going to crater the economy and then bailed.

But the deregulation, and tax cuts were done under the first Trump administration. You’re claiming this is going to lead to economic prosperity but it didn’t do much the first time you tried it. Why not?

He didn’t bail. It is a negotiation tactic, which is working.

Like I said before, it is a package deal. Bringing more business into the US and increasing US manufacturing plays a role. Those are coming due to the tariffs talks.

If what he did the first time didn’t tank the economy, why will it do it this time? Tariffs negotiations as will not tank the economy. Those are just talking points.

Biden did everything pretty much the opposite of Trump but still didn’t see as much success. Why is that? Are you suggesting that had Biden raised taxes, the GDP would have increased? That would be counter to most economic theory.

Let’s assume for a minute that neither Biden nor Trump’s policies have a huge positive impact on the economy or the debt/deficit. Why then would we choose to raise taxes and have the same outcome. That makes little sense.

 

[Marener]

He didn’t bail. It is a negotiation tactic, which is working.

Like I said before, it is a package deal. Bringing more business into the US and increasing US manufacturing plays a role. Those are coming due to the tariffs talks.

If what he did the first time didn’t tank the economy, why will it do it this time? Tariffs negotiations as will not tank the economy. Those are just talking points.

Biden did everything pretty much the opposite of Trump but still didn’t see as much success. Why is that? Are you suggesting that had Biden raised taxes, the GDP would have increased? That would be counter to most economic theory.

Let’s assume for a minute that neither Biden nor Trump’s policies have a huge positive impact on the economy or the debt/deficit. Why then would we choose to raise taxes and have the same outcome. That makes little sense.

High tariffs will tank the economy and now the whole world knows it. Trump pulled back on tariffs because he was about to cause a recession. Our negotiating position is weaker now that the whole world saw what happened and knows that Trump’s threats are largely hollow.

You think more debt is going to end well for this country?

 

[Admiral Rockwell Tory]

I’m just not a fan…

Fine. But you don't have to spread your ignorance.

 

[SweetTea]

High tariffs will tank the economy and now the whole world knows it. Trump pulled back on tariffs because he was about to cause a recession. Our negotiating position is weaker now that the whole world saw what happened and knows that Trump’s threats are largely hollow.

You think more debt is going to end well for this country?

No, but it won't lead to more debt. You are misinformed regarding the tariffs.

 

[Marener]

No, but it won't lead to more debt. You are misinformed regarding the tariffs.

Interest rates on long term treasuries are up significantly since “liberation day”.

It doesn’t matter what Trump does, you’ll pretend like it was the plan all along.

 

[Robert W]

Rolling Stone

Walmart, the largest retailer in the nation, has announced it is raising prices because of President Donald Trump's tariffs.

The retail giant said on Thursday that it may absorb some of the import taxes, but it is still raising prices to offset increased costs resulting from Trump's ill-advised trade war.

MSN

Walmart denied that.

 

[Robert W]

Interest rates on long term treasuries are up significantly since “liberation day”.

It doesn’t matter what Trump does, you’ll pretend like it was the plan all along.

China paying tariffs has nothing to do with that.

 

[Marener]

China paying tariffs has nothing to do with that.

Trump has everything to do with it.

 

[SweetTea]

Trump has everything to do with it.

You severely underestimate the power of the media in influence investor sentiment.

 

[Marener]

You severely underestimate the power of the media in influence investor sentiment.

Why haven't treasury interest rates come down?

 

[SweetTea]

Why haven't treasury interest rates come down?

You tell me? Has the narrative really changed that much?

 

[Robert W]

Why haven't treasury interest rates come down?

I will try my best to explain things about Government you apparently don't understand.
Think of the Kentucky Derby. A bunch or horses have jockeys on their backs. And as the gate opens, the winner might not be in front. At the end is the winner.
Congress is like the Jockeys. And they only control the horse slightly. Yet a winner ends up winning. Trump can't control all of the congress. The economy heads down the road. The economy and not Trump decides the outcome.