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Started By
Message
re: PPI blows through expectations - over 3x higher than expected
Posted on 8/14/25 at 10:37 am to RogerTheShrubber
Posted on 8/14/25 at 10:37 am to RogerTheShrubber
quote:
I dont understand how a grown man cannot see how universal and long term tariffs harm the consumer.
I understand, unless you are too young to remember, when all that stuff was made in the USA.
Maybe, just maybe those autos and other machines will be built once again in the USA , providing good paying jobs for American workers.
1
Posted on 8/14/25 at 10:40 am to td01241
quote:
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
I’m not doom and gloom. I’ve been saying the economy is fine and the Fed can keep related relatively steady.
You, however, are the one who thinks Trump has some agreement with companies that they’ll hold prices down and not pass any increase in costs on to their consumers. That’s an insane take. I’m not saying tariffs are even driving costs up, but if they do, you can guarantee companies will increase their selling prices to compensate.
Posted on 8/14/25 at 10:44 am to slackster
quote:
you can guarantee companies will increase their selling prices to compensate.
Ok so they raise prices...what happens next?
Posted on 8/14/25 at 10:49 am to SDVTiger
quote:
Everyone crying about products costs going up dont even buy those products
I’m not crying.
We do buy products that are affected by tariffs.
We did eat 50% of the tariffs on one project at $9k (because it was put under contract in 2024).
We have passed through at least 100% of every other tariff increase.
Posted on 8/14/25 at 10:50 am to SlowFlowPro
Posted on 8/14/25 at 10:50 am to slackster
quote:
the rising consumer confidence
Confidence in the construction sector is not high. And not trending up.
Posted on 8/14/25 at 10:53 am to the808bass
It stands to reason some prices would be affected and that the stimulus effect would be delayed as new plans, factories and investments are worked out.
Not everything is black and white and sometimes the decision that leads to the best short term numbers isn't the long term best decision.
Not everything is black and white and sometimes the decision that leads to the best short term numbers isn't the long term best decision.
Posted on 8/14/25 at 10:55 am to scottydoesntknow
People pay more, and you hope the impact stops there.
Posted on 8/14/25 at 10:56 am to Gus007
No one is making meaningful, strategic reshoring decisions based off of tariffs predicated upon a flimsy “emergency” declaration that can be dismissed by fiat just as easily as they were enacted by fiat.
Posted on 8/14/25 at 10:56 am to the808bass
quote:
We have passed through at least 100% of every other tariff increase.
How generous of you. So you were charging 30% less than market value for your product before the tariffs? Company of the people!
Posted on 8/14/25 at 10:57 am to slackster
quote:
People pay more, and you hope the impact stops there.
Someone didnt pay attention in Macro Econ 101
Posted on 8/14/25 at 11:01 am to wackatimesthree
When your goal is to bring back manufacturing you don’t stop any other procedures and focus on just that as you have no teeth to bite with. You have to have a penalty if it’s not getting done or as an incentive that would be the need for the other 2 in his statement
Posted on 8/14/25 at 11:02 am to scottydoesntknow
quote:
Someone didnt pay attention in Macro Econ 101
Ahh so you’re of the opinion there will be demand destruction and everything will still be fine?
Posted on 8/14/25 at 11:13 am to slackster
quote:
Ahh so you’re of the opinion there will be demand destruction and everything will still be fine?
Ok theres less demand since prices went up. What happens next?
Posted on 8/14/25 at 11:17 am to FATBOY TIGER
quote:
Excluding food and energy prices
Oh, how delicious.
Exclude food and energy prices. The two things that EVERY American must pay for and on a frequent, recurring basis.
Shallow be thy game.
Posted on 8/14/25 at 11:18 am to Placekicker
"Exactly! Cherry picking data to frame a narrative is just bad partisan propaganda"
But this isn't cherry picking data just to frame a narrative. As a couple of posters have explained, food and energy are not only highly volatile, they can go up and down for reasons that the Fed has very little ability to impact. For example, you could have "no net inflation" but still have an economy that is starting to heat up or cool down more quickly than you would like if the "net no inflation" is the result of, say, energy prices dropping due to increased production (as happened most dramatically with the fracking revolution) while all other prices are going up. To figure out what is going on, you must look at overall numbers and the component parts.
So, sure, politicians are always going to use selected economic data to support their candidacies or policy initiatives, but there is nothing nefarious about excluding volatile components of overall inflation to get a clearer picture of what is going on.
But this isn't cherry picking data just to frame a narrative. As a couple of posters have explained, food and energy are not only highly volatile, they can go up and down for reasons that the Fed has very little ability to impact. For example, you could have "no net inflation" but still have an economy that is starting to heat up or cool down more quickly than you would like if the "net no inflation" is the result of, say, energy prices dropping due to increased production (as happened most dramatically with the fracking revolution) while all other prices are going up. To figure out what is going on, you must look at overall numbers and the component parts.
So, sure, politicians are always going to use selected economic data to support their candidacies or policy initiatives, but there is nothing nefarious about excluding volatile components of overall inflation to get a clearer picture of what is going on.
Posted on 8/14/25 at 11:19 am to Grumpy Nemesis
WOW…. Roger is worse than I originally thought.
Posted on 8/14/25 at 11:21 am to scottydoesntknow
quote:
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.
The excuses change...but the scoreboard never lies
Posted on 8/14/25 at 11:33 am to scottydoesntknow
quote:
Ok theres less demand since prices went up. What happens next?
Prices come down, margins decrease, companies cut costs to preserve margins, unemployment rises, recession, rates cut dramatically, stimulus, inflation returns, economy grows, rinse and repeat.
Posted on 8/14/25 at 11:35 am to CA Jones
quote:
WOW…. Roger is worse than I originally thought
He's been denying he said that shite ever since then so now I'm just going to drop that whole damn post every time
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