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Posted on 8/29/26 at 9:25 am to Timeoday
quote:From May 2026…
Driving up domestic manufacturing and production while creating jobs and wage growth.
It Will Be Glorious!!
Net BED Job Gains and Losses by Sector 5-Quarter Total
Net Total: +94,000
Natural Resources and Mining: -21,000
Construction: +21,000
Manufacturing: -340,000
Wholesale Trade: -66,000
Retail Trade: -222,000
Transportation: +119,000
Utilities: +15,000
Information: -106,000
Financial Activities: -20,000
Professional and Business Services: -247,000
Education and Health Services: +862,000
Leisure and Hospitality: -186,000
Other Services: -18,000
Construction spending (From 8/26)
> Key Nonresidential Construction Points Year-Over-Year
Nonresidential Total: -36.8 billion
Data Centers: +21.4 billion
Office Excluding Data Centers: -6.2 billion
Manufacturing: -48.0 billion
Commercial: -6.5 billion
Power: +6.5 billion
Communication: +0.9 billion
Transportation: -0.4 billion
Education -1.1 billion
Health Care -2.7 billion
This post was edited on 8/29/26 at 9:29 am
Posted on 8/29/26 at 9:36 am to Timeoday
quote:Like dis?
I do not see it at all. Heck, just buy American made it you feel you are being gouged by the Chinese
quote:
These sky-high border taxes have caused U.S. aluminum and steel prices to soar. The price premium for U.S. aluminum over the global benchmark has increased five-fold since Mr. Trump took office a second time. Americans are now paying roughly 75% more for aluminum than the rest of the world. Steel prices in the U.S. are also about 64% higher than in northern Europe. One reason these differential are larger than 50% is because the metal tariffs are stacked on top of other tariffs on China, which is the world’s largest producer of steel and aluminum.
Posted on 8/29/26 at 10:16 am to SlidellCajun
quote:
If You think business is just going to absorb these tariffs without passing the cost along to the customer, you’re missing the whole point of business. It’s for profit. Absorbing tariffs, reduces profit.
Good. Let them raise prices so competitors who don't need to pay a tariff will pop up here. So far, prices have not seen a sharp increase do to tariffs.
Posted on 8/29/26 at 10:59 am to Taxing Authority
That decline was real sharp from 2021 - 2024.
Posted on 8/29/26 at 11:00 am to Taxing Authority
Hundreds of thousands of illegals are gone. Get back with me after 5 more quarters!!
Posted on 8/29/26 at 1:58 pm to imjustafatkid
quote:
If I am, I haven't noticed. Prices seem pretty stable compared to recent years.
Again, if not, what were the refunds for?
Y'all populists can't be angry on one hand about the government refunding money back to companies "when the costs were passed along to consumers," and at the same time deny higher prices.
Posted on 8/29/26 at 2:07 pm to wackatimesthree
quote:
Again, if not, what were the refunds for?
Money paid to the government. That does not mean they increased prices. They do still have to compete.
quote:
Y'all populists can't be angry on one hand about the government refunding money back to companies "when the costs were passed along to consumers," and at the same time deny higher prices.
At no point have I claimed costs were passed on to consumers. Leftists have been claiming that. The fact that companiss aren't refundingthe money to consumers, and haven't adjusted prices, proves that tariffs were never the reason for any pricing decisions. Only ones I can think of are video game consoles, but that obviously has next to nothing to do with tariffs.
This post was edited on 8/29/26 at 2:09 pm
Posted on 8/29/26 at 2:57 pm to Timeoday
What the frick are you laughing at? are you even paying attention? there is a strong chance we lose the house.
Posted on 8/29/26 at 2:59 pm to Robcrzy
quote:
What the frick are you laughing at? are you even paying attention? there is a strong chance we lose the house.
Posted on 8/29/26 at 3:12 pm to Timeoday
quote:
It's tough when one can not afford an outstanding accountant.
The problem stems from being in the exact opposite position.
While the adjustment of the brackets and particularly the reduction of 2.6% in the top bracket were helpful, everything else broke the other way for us.
The cap on the SALT deduction to $10k killed us. While the current short term (to 2030) increase to $40k in the BBB would have helped some but still left a lot on the table, we make too much to take advantage of it, so we are still capped at $10k. Given we itemize, the increase in the standard deduction is worthless to us.
Initially, the TCJA looked like it would help us because we are both pass-throughs. We are also STTBs, so because we make well over the limit we don't get a QBI.
I am always happy to see people's taxes get reduced. When ours goes up to make up the shortfall of several of them it takes all the joy out of it.
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