tysker said:

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Quote:

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Wall Street is making bank while Main Street is struggling to pay the bills.

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By "wall street" you mean people who have 401(k)s and homes.
Asset holders are doing great in this K-shaped economy

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All of us normal folks who own a few assets are about to find out we aren't doing near as good as what the manipulated and fake stock market says we are.

Same goes for most of the housing market. Especially in high-growth areas over the past 5 years. Nashville, DFW, Florida, etc.

All people care about and notice is Gas prices and grocery prices.

Get them down and you win the midterms.

Trump needs to lower all tariffs on food products to 0. Hell i'd get cute and cut the taxes on grocery products just for the midterms. It is what a DEM would do

And open the damn strait already, idk why they stopped the Freedom operation, pretty stupid of the president not to put a priority on the strait.

FWTXAg said:

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tysker said:

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Quote:

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Wall Street is making bank while Main Street is struggling to pay the bills.

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By "wall street" you mean people who have 401(k)s and homes.
Asset holders are doing great in this K-shaped economy

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All of us normal folks who own a few assets are about to find out we aren't doing near as good as what the manipulated and fake stock market says we are.

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Fake or not, it is what it is. Learn to live in the real world, not a world you would like it to be.

It took me decades to realize this and now I see or try to see the world in all its flaws.

Maybe the stock market is fake and fixed. What can you do about it? Can you make it fair? No. But what you can do is look for opportunity and make money. I do it. You can too. I have a lot of friends who complain Trump is manipulating the the market. Where they see fixing, I see opportunity.

MemphisAg1 said:

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tysker said:

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MemphisAg1 said:

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That's an ugly picture. It shows what we know happened with the big Bidenflation that spiked in 2022 and 2023. Then it eased and wages gradually made up to recover some of the lost ground. But this latest inflation spike threatens to turn it upside down again. I hope not. I'm about to retire and have three sons in their mid 30's who are getting off to a good start in life. None of us want to be derailed by the inflation monster.

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Sorry for the bad news, but if you voted for Trump, this was the expected outcome.

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Lol, I did vote for Trump and don't regret it.

But to be clear, he advertised that "Chyna" would pay for the tariffs, not the American consumer.

And then of course, it shifted to Wal-Mart and others would pay for it when it became clear that China wouldn't.

And then when that fizzled, he claimed the benefits of tariffs would offset any negative impacts.

... with these latest inflation numbers, I'm not so sure that a majority of Americans will agree with him in the midterms.

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I see that a lot here. Some posters think that just because someone voted for Trump, they are 100% his cheerleader and don't have the right to complain. about Trump

Rapier108 said:

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Yep, I'm still seeing vendors charging "tariff surcharges" even though the tariffs are gone.

I asked one when it would be removed, and their reply was it would not be as long as the threat of renewed tariffs continue.

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Liberal policies never work, volume 10,000.

....Following a Supreme Court ruling that invalidated tariffs imposed by the Trump administration, the government is processing over $35.5 billion in refunds for importers across some 8 million entries. A new online portal has validated almost 87,000 claims....


I don't expect this to impact prices, but it kind of puts businesses in a tight spot if they are getting refunds yet still hitting customers with tariff surcharges.

Can confirm this is accurate on the medical supply side.

[Do not troll to make your counter-arguments. Just make the counter-argument. -Staff]

[This thread is not about another user and their posting frequency. Stop derailing threads with these trolling posts and personal attacks. Either post your viewpoints about the subject of the thread or ignore the thread. -Staff]

Haleyscomet50 said:

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Can't the American people afford to pay a little more so that Israel is safe? Short term pain so we can finally end the terror of the Iranian regime. They fund by proxy attacks on Israel. They just killed 42k protestors. This is Trump putting Americans first doesn't matter that they are 7,000 miles away what would happen if they ever got a nuclear weapon. Americans are so selfish don't you want our President to be a man of his word? He took 230 million from the Addlesons if he said he would protect Isreal he needs to keep his word.

This is a problem cause by Obama doesn't matter that we got our payback when we killed Solamani Trump is protecting us. When you pay 5 dollars a gallon in College Station be proud we are keeping our Grandchildren safe.

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Gonna call BS on this…all of it!

Gordo14 said:

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Harris would have been better than this simply because she would not have done tariffs or war with Iran. Doesn't mean she was a great candidate. But Trump voters are deep into emotions politics and can't really handle the world as it is. So we elected a narcissist who clearly can't handle the world as it is either. That's why he posted 55 "truths" over night 2 nights ago. His mind is trapped in a reality tv world and everyone else is just an npc in that world. The consequences is our leadership becomes incoherent and destructive for the sake of being destructive. And the consequences of this are accelerating. 6% annual inflation is here and it's not tied to a pandemic.

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I'll keep my comments related to the OP I started on inflation, and by extension, the political implications.

While Trump has no doubt hurt himself thru some of his policy decisions and erratic execution of them, Harris and the Dems' agenda would have been an absolute disaster far beyond the impact of Trump's inflation. Remember, this is a party that already blew the top off inflation with their massive, unnecessary, spending largess that pushed inflation to highs not seen since the 70's. Even Trump's current challenge isn't approaching anywhere near the peak of Biden's disaster. And it was Dem policies that drove inflation, not some weak-ass coronavirus with a 99% survival rate.

The Dems advocated for policies that:
-- would increase taxes
-- expand Social Security and Medicare even though they're already severely under-funded
-- continued the attack on reliable fossil fuel energy thru continuation of the climate change scam and insistence on fairy tale solar and wind to power our grid
-- would have canceled college loans that people committed to repay (this is inflationary)
-- and a long list of other spend, spend, spend programs.

At least Trump's oil issue is a result of trying to eliminate/reduce Iran's nuclear capability and ability to harm others with their missiles -- that they've already shown they will fire upon non-combatant countries -- instead of plane loads of cash from Obama that did nothing.

While he admittedly has not prosecuted the Iran war effectively, and his tariffs have arguably hurt more than helped in the short term, his agenda is head and shoulders much better than the looniness we see from the Dems. Sadly, most Americans can't see past their nose and enough of them will vote "feelings" instead of clear-eyed long-term thinking and give the Dems one if not both chambers of Congress this fall.

If there's one thing I fault Trump for is his arrogance to not realize his own shortcomings and depend on his team to help him out. Much of his collateral damage could have been avoided if he was smart enough to realize he needed the help of trusted lieutenants to shape his vision into something that actually executes well. But that requires a bit of humility and self-reflection, which isn't in his dictionary.

Folks really do need to consider short term sacrifices for long term results. What Trump has done with tariffs and a reset of global trade along with taking decisive, proactive action in Iran was going to produce volatility and potential for higher costs.

But there is nothing that is happening with gas prices, inflation, tariffs and the like that should have people second guessing whether Trump is the right choice for right now.

For the reset of the US position with other countries on trade, for pulling out of bad deals, for protecting our homeland, our citizens, our allies and our interests, folks can indeed only buy one soy latte a week, can ride the bus, walk or carpool, wear their clothes a little longer, now their own gas and stay at Motel 6… if this slight uptick has caused you financial crisis.

Doing the hard things, the right things comes with a cost.

So Bessent, Rubio, Hegseth and others all advised Trump to not implement tariffs to drive better trade deals and he took action on Iran over their objections?

I don't recall seeing that but maybe I missed it.

Thanks Trump

Gradin said:

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Trump says he doesn't think about Americans' financial situation.

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Because he cares more about them not having a nuke even though midnight hammer obliterated their nuclear program

Anyway, Joe Biden.

Doom and gloom on here, yet restaurants full, sporting events still well attended, WC tickets in USA sold out......

What gives?

Gordo14 said:

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Again the 2022-2023 inflation was driven by both Trump and Biden policies that I would argue did more harm than bad on the back of a global pandemic. Supply chains across the whole economy experienced a shock up to down to back up in just 2 years. At the same time both presidents provided a ton of stimulus during the lows of COVID. America's inflation was lower than all peer economies and it grew faster than all peer economies. Inflation out of the pandemic was inevitable, and by key reference points and context it was actually managed reasonably well. Our economy was absolutely on fire in 2024.

Then we voted Donald Trump into office. He made a lot of dumb policy decisions. It caused inflation to go up to 6% within a year and a half for no reason. Now our inflation is higher than peer economies and our growth is less than peer economies. It's not like the consequences of tariffs and a stupid war with Iran that we have effectively lost. On of the most important global choke points has been shut down for 2.5 months and counting. Over 1.5 billlion barrels of oil have been drawn from global inventories. And the outrage is only a tenth as much.

Harris would have been better than this simply because she would not have done tariffs or war with Iran. Doesn't mean she was a great candidate. But Trump voters are deep into emotions politics and can't really handle the world as it is. So we elected a narcissist who clearly can't handle the world as it is either. That's why he posted 55 "truths" over night 2 nights ago. His mind is trapped in a reality tv world and everyone else is just an npc in that world. The consequences is our leadership becomes incoherent and destructive for the sake of being destructive. And the consequences of this are accelerating. 6% annual inflation is here and it's not tied to a pandemic.

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border would be wide open, exposing citizens too more crime, but yeah Harris would have been better great point.

K economy?

Who?mikejones! said:

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K economy?

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I voted for the border, Trump is trying to clean up Bidens mess (economy and Iran) he's been stopped at every turn. Imagine if dims actually worked with him on the economy.

Whatever is being done to drop prices…. It's not working.

BlackGold said:

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flown-the-coop said:

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So Bessent, Rubio, Hegseth and others all advised Trump to not implement tariffs to drive better trade deals and he took action on Iran over their objections?

I don't recall seeing that but maybe I missed it.

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It's been reported by several outlets now that many of the cabinet were against going to war with Iran, including Rubio and Vance. Yet Trump did it anyway. It's also pretty obvious that Vance and Rubio are trying their best to stay away from getting involved publicly with the Iran war because they know it's bad for business when they decide to run for president. They're smart to create distance from the boondoggle.

The Iran war and all the money printing are killing our economy no matter what Trump is saying. We are teetering in the realm of global recession and these wholesale price increases are just another data point.

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Is this reporting based on anonymous sources and people familiar with the situation? Cause in Trump 2.0, those reports have been false, mostly false, and mainly false.

Recessions create opportunities and we are due for one. Fear not, keep your powder dry and feather the funds in as the market dips.

I haven't made it out to the Bureau of Engraving & Printing in Fort Worth, but I assume they regularly print money. Are you aware of additional printing that is causing inflation?

docb said:

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Whatever is being done to drop prices…. It's not working.

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What would you have done to drop prices?

docb said:

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Whatever is being done to drop prices…. It's not working.

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Put boots on the ground in Iran and give the Iranians the freedom Trump told them was coming.

Now, you've got the straight open up again and prices drop like a rock back to pre war prices, at least with gas. Plus, you get to help rebuild Iran. More business and economy possibilities. Go economy.

Just my two cents.

infinity ag said:

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MemphisAg1 said:

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tysker said:

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MemphisAg1 said:

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That's an ugly picture. It shows what we know happened with the big Bidenflation that spiked in 2022 and 2023. Then it eased and wages gradually made up to recover some of the lost ground. But this latest inflation spike threatens to turn it upside down again. I hope not. I'm about to retire and have three sons in their mid 30's who are getting off to a good start in life. None of us want to be derailed by the inflation monster.

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Sorry for the bad news, but if you voted for Trump, this was the expected outcome.

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Lol, I did vote for Trump and don't regret it.

But to be clear, he advertised that "Chyna" would pay for the tariffs, not the American consumer.

And then of course, it shifted to Wal-Mart and others would pay for it when it became clear that China wouldn't.

And then when that fizzled, he claimed the benefits of tariffs would offset any negative impacts.

... with these latest inflation numbers, I'm not so sure that a majority of Americans will agree with him in the midterms.

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I see that a lot here. Some posters think that just because someone voted for Trump, they are 100% his cheerleader and don't have the right to complain. about Trump

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Yup. The MAGA crew hates the America First crowd.

flown-the-coop said:

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docb said:

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Whatever is being done to drop prices…. It's not working.

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What would you have done to drop prices?

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Cut baby cut. And then cut some more. And after that, slash it all even more. If it's not absolutely vital, which the vast majority of it isn't, then eliminate it. Pass those savings on to the taxpayer. Don't start a war with Iran. After you've done all of that, cut regulations and free up the markets. Basically, cut spending and shrink the government.

infinity ag said:

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I see that a lot here. Some posters think that just because someone voted for Trump, they are 100% his cheerleader and don't have the right to complain. about Trump

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On any given day on f16 about 80% of posts are critical in one way or another. Actually, its probably higher than that.

Everyone has the right to complain about Trump. Question becomes why the same old folks post day after day to just ***** and moan about everything from his orange color, his mean tweets, to his lack of plan for Iran and how he went against all his advisers to embark on a war he has evidently now lost.

So folks have the right and they exercise it religiously.

flown-the-coop said:

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docb said:

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Whatever is being done to drop prices…. It's not working.

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What would you have done to drop prices?

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It's not my job. I am an American citizen and voter that expects their elected officials to make good on their campaign promises. But at least with you asking that question you are at least indirectly acknowledging that there is a problem with high prices for the average American citizen.

Helicopter Ben said:

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flown-the-coop said:

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docb said:

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Whatever is being done to drop prices…. It's not working.

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What would you have done to drop prices?

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Cut baby cut. And then cut some more. And after that, slash it all even more. If it's not absolutely vital, which the vast majority of it isn't, then eliminate it. Pass those savings on to the taxpayer. Don't start a war with Iran. After you've done all of that, cut regulations and free up the markets. Basically, cut spending and shrink the government.

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The bolded part is on Congress, not Trump.

To the extent they ever produced a budget with a surplus, I think most everyone would want to pay down the debt first. There are more than a couple debt doomsdayers who say the debt bomb is to be feared more than a nuclear Iran.

Trump admin has been running at a 10 to 1 ration of regulations cut versus added.

Iran started the conflict by attempting to restart their nuclear program following Midnight Hammer.

Any other ideas?

docb said:

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flown-the-coop said:

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docb said:

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Whatever is being done to drop prices…. It's not working.

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What would you have done to drop prices?

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It's not my job. I am an American citizen and voter that expects their elected officials to make good on their campaign promises. But at least with you asking that question you are at least indirectly acknowledging that there is a problem with high prices for the average American citizen.

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It is your job. We elect representatives to... represent our wishes. So it most certainly is your job to inform your representative and hold them accountable.

There are higher prices, no one can refute that. To the degree you view it as a "problem" is a matter of personal experience and perspective.