Just in case you're keeping track of Trump's tariff Damage, here's a small sample

[robosmith]

[gatomontes99]

CPI went down last month, unexpectedly. But it was only unexpected to journalists. The small amount of goods that are imported only went up a small percentage. This meme cherry picks a few,  because the overall stats are not that impressive (if you are trying to create panic). So, the meme tries to create the impression of a generous effect on the price of goods by amplifying a few outliers. Reality is not your friend. 

[herbie]

Gonna tell us how the Inflation rate went DOWN in August too?

[LinkSoul60]

10 hours ago, gatomontes99 said:

CPI went down last month, unexpectedly. But it was only unexpected to journalists.

I gather you get your economic data on Truth Social?   The overall CPI rose 0.4% for the month of August. Energy costs rose by 0.7%, with gasoline prices increasing 1.9%. Food prices increased by 0.5%, with groceries seeing a 0.6% rise. Primary shelter costs saw their fastest increase in months.  The 12-month change in the CPI was 2.9%.

And just an FYI....  Journalists don't set economic data expectations. They report economists expectations.

10 hours ago, gatomontes99 said:

Reality is not your friend

Stagflation isn't your friend either, but looks more and more to be heading your way.  Enjoy the Trump years....you'll be able to tell your children you lived through them, maybe...

[gatomontes99]

9 minutes ago, LinkSoul60 said:

I gather you get your economic data on Truth Social?   The overall CPI rose 0.4% for the month of August. Energy costs rose by 0.7%, with gasoline prices increasing 1.9%. Food prices increased by 0.5%, with groceries seeing a 0.6% rise. Primary shelter costs saw their fastest increase in months.  The 12-month change in the CPI was 2.9%.

And just an FYI....  Journalists don't set economic data expectations. They report economists expectations.

Stagflation isn't your friend either, but looks more and more to be heading your way.  Enjoy the Trump years....you'll be able to tell your children you lived through them, maybe...

I meant PPI. I typed the wrong one.

Yes, journalists create expectations. They just say "some economists predict" and then apply whatever they want to. 

 

[LinkSoul60]

7 minutes ago, gatomontes99 said:

Yes, journalists create expectations. They just say "some economists predict" and then apply whatever they want to. 

lol... no doubt they must be leftist journalists.

Ahhhh no, journalists don't set expectations and no they don't apply whatever number they want.  They report what economists are saying and reference the economist by name or institution.  Economists forecast expectations that journalists report.  It's called journalism. 

 

[robosmith]

9 hours ago, LinkSoul60 said:

lol... no doubt they must be leftist journalists.

Ahhhh no, journalists don't set expectations and no they don't apply whatever number they want.  They report what economists are saying and reference the economist by name or institution.  Economists forecast expectations that journalists report.  It's called journalism. 

 

You know I often believe that several of these right wing posters are PAID to LIE about what is happening.

I wonder if they still get paid when their LIES are DEBUNKED.

[Nationalist]

And yet, Democrat approval is around 30%.

Meh...

[robosmith]

2 minutes ago, Nationalist said:

And yet, Democrat approval is around 30%.

Meh...

YOUR IGNORANCE prevents you from understanding that the Party out of power always suffers low approval ratings because they cannot get anything done.

That all changes when they learn the Party in power is FCKING UP like Trump is doing in spades.

[August1991]

IMHO, America is doing no different than Quebec does with milk.

Here's the difference: America is a big country.

 

[herbie]

Say an outfit buys goods offshore and marks the up 50%.

The $100 item costs you $150
There's now a 35% tariff added:
So the $100 item now costs $100 + $35 to the govt.
The item now costs you $135 plus 50% = $202.50

You pay $102.50 more instead of $50 more. You do. Not someone else.

Tack 25% tariff on a 40,000 car marked up 10%
$40,000 car costs you $44,000 now
40K + tariff =50K add the 10%
That car now costs you $55K not $44K, $11,000 more. 
And the US automaker doesn't have to undercut $44K, but $55K for their model. Gee, WTF do you think will happen? They can compete by RAISING their prices too. And they get that $$, not you.

It's a TAX on you hidden under a different name. Just like the multi-thousands in TAX you pay for the lumber to build your house hidden under the name DUTY.
Americans HATE paying tax, that why they he's hiding them with new names.

 

 

[gatomontes99]

2 minutes ago, herbie said:

Say an outfit buys goods offshore and marks the up 50%.

The $100 item costs you $150
There's now a 35% tariff added:
So the $100 item now costs $100 + $35 to the govt.
The item now costs you $135 plus 50% = $202.50

You pay $102.50 more instead of $50 more. You do. Not someone else.

Tack 25% tariff on a 40,000 car marked up 10%
$40,000 car costs you $44,000 now
40K + tariff =50K add the 10%
That car now costs you $55K not $44K, $11,000 more. 
And the US automaker doesn't have to undercut $44K, but $55K for their model. Gee, WTF do you think will happen? They can compete by RAISING their prices too. And they get that $$, not you.

It's a TAX on you hidden under a different name. Just like the multi-thousands in TAX you pay for the lumber to build your house hidden under the name DUTY.
Americans HATE paying tax, that why they he's hiding them with new names.

 

 

The biggest glaring error here is that you ignored the elasticity of price. Consumers might not pay that price. Someone in the supply chain might have to eat the cost of the tariffs. 

 

[robosmith]

2 minutes ago, gatomontes99 said:

The biggest glaring error here is that you ignored the elasticity of price. Consumers might not pay that price. Someone in the supply chain might have to eat the cost of the tariffs. 

 

They MIGHT split the cost, but there's no way they can continue to operate eating the whole cost unless they were way OVER PRICED BEFORE. AKA NOT COMPETITIVE.

[gatomontes99]

2 minutes ago, robosmith said:

They MIGHT split the cost, but there's no way they can continue to operate eating the whole cost unless they were way OVER PRICED BEFORE. AKA NOT COMPETITIVE.

Competitive? What does that have to do with anything. The price to consumers is always set by the supply and Demand curves. Always. 

Edited September 15, 2025 by gatomontes99

[herbie]

The elasticity of price, eh?

The system is based on rate of return, not on flat amounts, and you're assuming companies are going to swallow some of their percentage to do you a favour?
You've certainly been led down the garden path by the very people who run the system you live under. Clearly you're not one of them.

On top of that, I just pointed out how domestic manufacturers can (and probably will) play the tariffs to boost their prices. Some of them will.

WalMart is not in business to save you money and Quality was not Job One.

[gatomontes99]

4 minutes ago, herbie said:

The elasticity of price, eh?

The system is based on rate of return, not on flat amounts, and you're assuming companies are going to swallow some of their percentage to do you a favour?
You've certainly been led down the garden path by the very people who run the system you live under. Clearly you're not one of them.

On top of that, I just pointed out how domestic manufacturers can (and probably will) play the tariffs to boost their prices. Some of them will.

WalMart is not in business to save you money and Quality was not Job One.

Still ignoring the elasticity. You act as if the consumer has no say and that just isn't correct. 

[herbie]

Oh just go on and believe your nonsense as if it's the rule.
Notice how prices are just tumbling on everything. [/sarc]

[paxamericana]

All these trade spat have not been settled. Next year you will see the largest investment driven growth in a generation. Just wait and see. Why you say? Because there is no where else the smart money can go. Everyone in the developed world has aged out. America is the only exception, we still have a healthy consumer demographic under 45.

[robosmith]

17 minutes ago, paxamericana said:

All these trade spat have not been settled. Next year you will see the largest investment driven growth in a generation. Just wait and see. Why you say? Because there is no where else the smart money can go. Everyone in the developed world has aged out. America is the only exception, we still have a healthy consumer demographic under 45.

^MAGA FANTASIES. LMAO

[paxamericana]

2 minutes ago, robosmith said:

^MAGA FANTASIES. LMAO

Prove me wrong, where is your investment portfolio going right now? Yeah that’s what I thought. There’s nowhere else you can invest.

Edited September 15, 2025 by paxamericana

[robosmith]

21 minutes ago, paxamericana said:

Prove me wrong, where is your investment portfolio going right now? Yeah that’s what I thought. There’s nowhere else you can invest.

My portfolio is being invested WORLDWIDE.

IOW, you DID NOT THINK, you made a stupid GUESS that is WRONG.

[paxamericana]

21 minutes ago, robosmith said:

invested WORLDWIDE.

Yeah and let me guess less than 10%?

[robosmith]

10 minutes ago, paxamericana said:

Yeah and let me guess less than 10%?

You're a terrible guesser. Right now foreign nations hold a big advantage over Trump and his haphazard tariffs.

[paxamericana]

14 minutes ago, robosmith said:

foreign nations hold a big advantage over Trump

Not true, we wouldn’t be having this conversation if it was. Clearly the international companies want to do business here in America. Trump hold all the cards. Look at the elbows up Canucks on here, they’re getting clobbered. 

Edited September 15, 2025 by paxamericana

[robosmith]

25 minutes ago, paxamericana said:

Not true, we wouldn’t be having this conversation if it was. Clearly the international companies want to do business here in America. Trump hold all the cards. Look at the elbows up Canucks on here, they’re getting clobbered. 

American taxpayers are getting clobbered because REGRESSIVE TAX is what the oligarchs WANT.