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Started By
Message
PSST!!! IB90proof... It's been over a year.. Tariffs have no effect on consumers so far
Posted on 5/10/19 at 2:23 pm
Posted on 5/10/19 at 2:23 pm
Wait ... what? I'm not paying 10k more for a car and 40 more for a can of soup???
OH NO!!!!
You mean WILBUR was right???? What? NO.... IB PROMISED he had Trump THIS time.
90 Proof was certain HRC would now be inserted into office because Trump is a meanie head on tariffs...
LINK
quote:
Despite many claims that the tariffs would hurt U.S. consumers, they have not. For months, data have defied predictions of tariff-led inflation. And now it is indisuputably clear: the metals and China tariffs have not raised consumer prices. The Department of Labor said Friday that its consumer price index was up just 2.0 percent compared with a year ago, indicating that prices are not rising particularly quickly. The Federal Reserve says it targets 2 percent inflation, although it uses a different measure of prices.
OH NO!!!!
quote:
“Trump’s trade war may soon hit consumers’ wallets and paychecks,” NBC News declared in a headline last year.
“Tariffs will surely lead to higher prices for imported goods and, to a lesser extent, prices for non-imported goods that use imported materials,” the University of Pennsylvania’s business school Wharton reported.
“Tariffs are about to hit consumers, and it won’t be pretty,” CNBC claimed.
You mean WILBUR was right???? What? NO.... IB PROMISED he had Trump THIS time.
90 Proof was certain HRC would now be inserted into office because Trump is a meanie head on tariffs...
quote:
Commerce Secretary Wilbur Ross, however, said all of these predictions of higher prices were wrong. To the contrary, Ross argued tariffs would have little to no effect on U.S. consumers. He held up cans of Campbell’s soup and Budweiser beer to illustrate his point that the metals input into most consumer prices was very low and unlikely to rise. When prices did not rise as predicted, the critics did not back off their claims. Many just moved the time frame, arguing that the forecast price increases were just taking time to move through the economy. But now that a year has passed, that an increasingly absurd position.
LINK
Posted on 5/10/19 at 2:27 pm to Jjdoc
quote:
PSST!!! IB90proof... It's been over a year.. Tariffs have no effect on consumers so far
Yeah, but "Muh Tomaters!"
Posted on 5/10/19 at 2:40 pm to Jjdoc
quote:
90 Proof was certain HRC would now be inserted into office because Trump is a meanie head on tariffs...
tf are you babbling about, you sound completely unhinged
also
$900K per job in the case of the metals tariffs
full pass-thru to consumer in the case of the washing machine ones, and a matching price increase on dryers, which aren't even tariffed
$1.4 billion reduction in real US income per month in 2018 due to the other china tariffs
both import AND export growth between us & china plummeting
no deal, despite multiple delays in implementation
Posted on 5/10/19 at 2:43 pm to Jjdoc
quote:
PSST!!! IB90proof... It's been over a year.. Tariffs have no effect on consumers so far
frick anti-American globalists !
frick China !
Posted on 5/10/19 at 2:46 pm to Jjdoc
(no message)
This post was edited on 1/10/21 at 3:51 pm
Posted on 5/10/19 at 2:47 pm to Jjdoc
IB90proof
SDV deserves props for that one
SDV deserves props for that one
Posted on 5/10/19 at 3:03 pm to Jjdoc
Not so fast, my friend. I bought a package of toilet paper (made in China) for 3.29 before Trump. Now, it costs me 3.31.
Posted on 5/10/19 at 3:23 pm to Jjdoc
The reason the pro Chicom, anti-tariff crowd should quit being fat blubbering pussies all day is summed up well in this image.
Looking at that, who do you think has the better positions and options in this war?
Looking at that, who do you think has the better positions and options in this war?
Posted on 5/10/19 at 5:02 pm to Jjdoc
IB Chinaman is such an intellectual fraud. He could teach an econ 101 class, but that's about it.
"Hur Dur all taxes are bad mkay! Let China do whatever they want, even tariff us and implement a variety of trade barriers, but as long as our tariffs on China are zero then I'm taking the 'free market' position! Hur dur!".
"Hur Dur all taxes are bad mkay! Let China do whatever they want, even tariff us and implement a variety of trade barriers, but as long as our tariffs on China are zero then I'm taking the 'free market' position! Hur dur!".
Posted on 5/10/19 at 5:47 pm to Jjdoc
It may not be blatantly obvious to the consumer, but the increase is there in some markets. My wife is in sales, they just notified their customers today there is a 12% price increase across the board due to the tariffs, this is their 2nd double digit price increase this year as a result.
Posted on 5/11/19 at 1:03 am to Jjdoc
Mardi Gras throws got more expensive.
Posted on 5/11/19 at 11:04 am to Jjdoc
Don’t kill the messenger but Trump has lost a lot of support in fly over states where farmers have taken huge hit. The cost to produce hasn’t dropped but the product has lost value
Posted on 5/11/19 at 8:50 pm to Jjdoc
How does this...
Translate to this...
quote:
The Department of Labor said Friday that its consumer price index was up just 2.0 percent compared with a year ago,
Translate to this...
quote:
It's been over a year.. Tariffs have no effect on consumers so far
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