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Started By
Message
re: PPI blows through expectations - over 3x higher than expected
Posted on 8/14/25 at 10:18 am to slackster
Posted on 8/14/25 at 10:18 am to slackster
You know good and well that this report shows nothing related to tariffs increasing prices.
My wife owns a business that offers services. She increased prices. Had nothing to do with tariffs. Nothing she does involves tariffs or products that have tariffs.
Loading Twitter/X Embed...
If tweet fails to load, click here. My wife owns a business that offers services. She increased prices. Had nothing to do with tariffs. Nothing she does involves tariffs or products that have tariffs.
0
Posted on 8/14/25 at 10:20 am to scottydoesntknow
quote:
So you think people are passing up "middle class" career opportunities to work for $17/hr in a factory?
Where the 'eff do you get that out of anything I said?
The standard argument for wanting to "bring manufacturing back to America" is that supposedly in the 50s and 60s you could work in a factory and afford three cars, a giant home, and your spouse didn't even need to work.
If that's not why he thinks it would be a great economic move to bring manufacturing jobs back to 'Merca, then I guess I haven't heard that argument yet.
quote:
You are operating under the myth that there are jobs out there if folks were just a little more educated or something.
I'm doing nothing of the sort. Are you sure you're responding to the post you mean to respond to?
I'm saying one thing and one thing only. And that is that bringing manufacturing jobs back to America gives us higher prices and a bunch of low wage jobs. So I'm not sure why people think it's such a great goal to aspire to economically.
quote:
Boomers and Xers are desperate to keep prices low for the remainder of their lives...at all costs.
Dude, maybe you have some valid points but if you do, you need to fill in the gaps in what you're saying, because right now it looks like you're serving up a steady stream of non-sequiturs.
How are higher prices due to more expensive labor going to enable young people to acquire assets?
This post was edited on 8/14/25 at 10:21 am
Posted on 8/14/25 at 10:22 am to td01241
quote:
I mean you guys have been wrong about muh tariffs for going on a year now. If you keep saying it maybe it’ll come true
No, just you and your infantile insistence that taxing 30% of the economy wouldn't impact the economy. Maybe the predictions have been off in terms if timing, but we all knew this coming.
Y'all cheered gleefully for the first few months, claiming that tariffs were somehow a good thing. You tried incessantly to claim that trade deficits were somehow awful. You tried to convince others that the exporter pays the fricking tariff. You twisted the truth, and tried very hard to make intellectual arguments defending your positions, while simultaneously slamming people pointing out the obvious flaws in your arguments as TDS.
No one is celebrating this bad economic news. But the lack of common sense of the pro-tariff crowd is simply mind-bottling.
This post was edited on 8/14/25 at 10:53 am
Posted on 8/14/25 at 10:22 am to td01241
delete
This post was edited on 8/14/25 at 10:24 am
Posted on 8/14/25 at 10:23 am to td01241
delete
This post was edited on 8/14/25 at 10:23 am
Posted on 8/14/25 at 10:23 am to Ingeniero
quote:
Yeah as long as you don't need clothes, laundry detergent, toothpaste, soap, shoes, a vehicle, or anything made with plastic, you never have to pay tariffs. Who needs all those cuck things anyway?
Or medical care.
Or a house.
Or you never buy anything from a business that pays rent.
Or has to transport goods.
Posted on 8/14/25 at 10:23 am to RogerTheShrubber
quote:
We've already established that the GOP is only as conservative as its voters allow. Theyre getting re-elected at a 90-95% clip.
Conservatism...only an election away folks!
Hey Grok, over the past 50 years, how many years has the government both had a balanced budget and full control of Congress and Presidency by the GOP?
quote:
Over the past 50 years (1975–2024), there’s been only one year when the U.S. federal budget was balanced and Republicans controlled the presidency and both chambers of Congress: 2001.
Posted on 8/14/25 at 10:24 am to scottydoesntknow
Well yeah. That's what they do. You know, I'm sure we are going to have some price increases, but we always do. Tariffs or not.
They think that tariffs isn't going to be offset by anything else, and it always is. Example Wage growth.
Pay me $10K more per year but products cost me $1000 more per year... Why am I going to bitch about it?
Or tell a person who got a new job at 100K per year that it's all for nothing because a washing machine went up $100.
They are just indoctrinated into the "tariff...evil". Rog get a monthly check, so for him, any price increase is not met with a higher wage. So yeah, he's going to complain
They think that tariffs isn't going to be offset by anything else, and it always is. Example Wage growth.
Pay me $10K more per year but products cost me $1000 more per year... Why am I going to bitch about it?
Or tell a person who got a new job at 100K per year that it's all for nothing because a washing machine went up $100.
They are just indoctrinated into the "tariff...evil". Rog get a monthly check, so for him, any price increase is not met with a higher wage. So yeah, he's going to complain
Posted on 8/14/25 at 10:24 am to slackster
quote:
PPI trade services aside, which is mostly excel calc imputation, the direct impact of tariffs was oddly muted at 0.4% in final demand goods ex food and energy
Posted on 8/14/25 at 10:24 am to slackster
quote:He's at least as serious as you are when you attribute services at +1.1% (contributing >75% to the PPI increase) to tariffs.
You truly cannot be serious with this take.
Posted on 8/14/25 at 10:24 am to CAD703X
quote:
this thread is going to age as well as 'he broke me' or 'gaetz arrest imminent' but i guess it gives ya'll a safe space to root for economic turmoil!!
What are you talking about?
This isn’t doom and gloom - this is a hot PPI number that is desperately trying to be rationalized away by those who have been trying to say inflation is just fine. The reality is it’s still sticky and getting it to 2% is proving difficult with the Fed funds rate where it is at the moment - lowering that rate will certainly not make it any easier.
Posted on 8/14/25 at 10:25 am to td01241
quote:That's interesting considering President Trump only took office 7 1/2 months ago and his tariffs have not been fully implemented yet.
I mean you guys have been wrong about muh tariffs for going on a year now.
Posted on 8/14/25 at 10:26 am to Ten Bears
quote:
No one is celebrating bad this economic news. But the lack of common sense of the pro-tariff crowd is simply mind-bottling.
Oh no bro
Loading Twitter/X Embed...
If tweet fails to load, click here. Not tariff related
Posted on 8/14/25 at 10:26 am to slackster
quote:
.9% month over month vs expectations of .2%. Uh oh.
Why would they only have expected .2%? But unsurprising, nonetheless.
Posted on 8/14/25 at 10:26 am to td01241
quote:
I mean you guys have been wrong about muh tariffs for going on a year now. If you keep saying it maybe it’ll come true
The (new round of much higher) tariffs just started going into effect 4-5 months ago and just finalized like three weeks ago.
How stupid can y'all get?
Posted on 8/14/25 at 10:26 am to slackster
It’s hilarious how the panicking folks whose doom and gloom tariff apocalyptic predictions have still yet to come to pass and in fact our economy is moving in a positive direction, shown by many indicators but most obviously the rising consumer confidence in the economy in nearly any poll that asks this question, has the audacity to call me stupid
Posted on 8/14/25 at 10:29 am to wackatimesthree
quote:
How stupid can y'all get?
Evidently not as much as you can considering this report does not show tariffs impacted anything.
Just going to keep posting it.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 8/14/25 at 10:30 am to NC_Tigah
quote:
He's at least as serious as you are when you attribute services at +1.1% (contributing >75% to the PPI increase) to tariffs.
Posted on 8/14/25 at 10:31 am to RogerTheShrubber
What you don't understand is that every other country was applying tariffs to us. That made our prices high and limited those countries from importing our goods. True, we recieved low cost goods in the short term, but long term it was putting our industry out of business.
Posted on 8/14/25 at 10:36 am to NC_Tigah
quote:
He's at least as serious as you are when you attribute services at +1.1% (contributing >75% to the PPI increase) to tariffs.
I didn’t attribute it to tariffs my friend. Tariffs have been discussed throughout this thread but I never once blamed them for this print.
That being said, the expectation was .2%. Goods inflation was up .6% by itself, and excluding food/energy, it was .4%. Also, 30% of the services jump was attributable to margin increases for machinery and equipment wholesaling, which is not uncommon when wholesalers are preparing for acquisition costs to rise too.
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