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re: Treasury Secretary: Prices have leveled off and will start coming down

Posted on 11/10/25 at 8:13 am to
Posted by Lakeboy7
New Orleans
Member since Jul 2011
27887 posts
Posted on 11/10/25 at 8:13 am to
quote:

We had to stop the increase first, now we are starting to see prices level off, come down,


Its cool getting lied to by a gay billionaire.
Posted by Clark14
Earth
Member since Dec 2014
26016 posts
Posted on 11/10/25 at 3:18 pm to
quote:

I'd rather be the guy trying than the one that did everything in their power to destroy the country and caused all the inflation.


I would imagine trump shutting the country down had more to do with current situation than the man who inherited the problem and had to try to figure out how to fix it. It was becoming somewhat stabilized until trump got his hands on it again and now blaming his screwups on his predecessor. Damned idiot.
Posted by Sunnyvale
Member since Feb 2024
2006 posts
Posted on 11/10/25 at 3:22 pm to
Posted by Clark14
Earth
Member since Dec 2014
26016 posts
Posted on 11/10/25 at 3:31 pm to
quote:

Its cool getting lied to by a gay billionaire.


It’s a shame that not one person in this administration can be believed.
Posted by LSUDad
Still on the move
Member since May 2004
61723 posts
Posted on 11/10/25 at 3:35 pm to
It’s too bad we had to go through a 40 year high inflation, the last 4 year of the previous administration!

Guess some forgot?
Posted by Rip Torn
Member since Mar 2020
5468 posts
Posted on 11/10/25 at 3:36 pm to
Resounding defeats?! Sure thing chief lol none of the results were unexpected or a referendum on anything or than maybe thousands of voters in Northern Virginia laid off
Posted by Jim Rockford
Member since May 2011
104046 posts
Posted on 11/10/25 at 3:39 pm to
quote:

Right now, it wouldn’t hurt the consumer.


It would if the consumer loses his job.
Posted by Rip Torn
Member since Mar 2020
5468 posts
Posted on 11/10/25 at 3:41 pm to
Neither one of you “get” anything if you think rates should be 10%. We don’t have a borrowing problem. We have a government spending problem and rates that high would achieve two things: crashing the economy and increasing the amount of interest we owe on the debt; nothing more. The ONLY thing that will bring down sustained inflation is cutting the debt and deficit. Punishing the middle class for the government’s spending problems is idiotic
Posted by Rip Torn
Member since Mar 2020
5468 posts
Posted on 11/10/25 at 3:42 pm to
The tranny has arrived with his usual retardation. It’s hard to believe you are a grown man
Posted by kingbob
Sorrento, LA
Member since Nov 2010
69146 posts
Posted on 11/10/25 at 3:45 pm to
I think the bigger issue than prices is how many white collar folks are facing mass layoffs and how utterly impossible it feels to find a job other than doordash right now. This is the worst labor market I have ever been a part of.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
40365 posts
Posted on 11/10/25 at 3:53 pm to
quote:

No one cares about your fricking groceries, nor do thy want to hear you bitch and whine about your fricking groceries.


I mean Trump basically ran on a promise of lowering grocery prices
Posted by Clark14
Earth
Member since Dec 2014
26016 posts
Posted on 11/10/25 at 3:57 pm to
quote:

The tranny has arrived with my usual retardation. It’s hard to believe I am a grown man




You be you sister. And you aren’t a man.
Posted by CollegeFBRules
Member since Oct 2008
25157 posts
Posted on 11/10/25 at 4:14 pm to
quote:

It would if the consumer loses his job.


They’re already losing jobs.
Posted by dgnx6
Member since Feb 2006
84980 posts
Posted on 11/10/25 at 4:18 pm to
Saw gas today for $2.38. That's pretty cheap. I didn't think we'd get close to $2.00, but maybe we can.





Posted by dgnx6
Member since Feb 2006
84980 posts
Posted on 11/10/25 at 4:20 pm to
quote:

I mean Trump basically ran on a promise of lowering grocery prices



Well chicken, tuna and coffee were lower today than under Biden.


I also live in Louisiana, so things aren't as expensive here.


Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35708 posts
Posted on 11/10/25 at 4:21 pm to
quote:

Trump and this administration will say anything, regardless of what is or isn’t true. So long as it paints Trump in a good light.


Unlike Biden, who would have never lied, stretched the truth, or blamed others for things that were his fault, amirite comrade?
Posted by dgnx6
Member since Feb 2006
84980 posts
Posted on 11/10/25 at 4:21 pm to
quote:

I would imagine trump shutting the country down had more to do with current situation than the man who inherited the problem and had to try to figure out how to fix it. It was becoming somewhat stabilized until trump got his hands on it again and now blaming his screwups on his predecessor. Damned idiot.



Actually, the worse of the Inflation was 22-23.


That was all Joe Biden.


Gas today was $2.38. It was $5 under Biden.


This post was edited on 11/10/25 at 4:23 pm
Posted by imjustafatkid
Alabama
Member since Dec 2011
61921 posts
Posted on 11/10/25 at 4:22 pm to
quote:

Voters delivered resounding defeats to GOP candidates for governor in New Jersey and Virginia this week




Ah yes. The Republican strongholds of Virginia and New Jersey.
Posted by imjustafatkid
Alabama
Member since Dec 2011
61921 posts
Posted on 11/10/25 at 4:23 pm to
quote:

Compared to?


It helps to actually read.

quote:

"We had to stop the increase first, now we are starting to see prices level off, come down," Treasury Secretary Scott Bessent said on ABC's "This Week," specifically citing lower gas prices, interest rates and mortgage rates.
Posted by Buckeye06
Member since Dec 2007
24876 posts
Posted on 11/10/25 at 4:25 pm to
I am someone who is likely to keep buying what I was always buying and will pay a bit more.

My 18 pasture raised eggs at HEB did go down $1 this week from like $9.89 to $8.84 or something.
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