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WTF is up with this Clown World?

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Somewhere in Mn

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Re: WTF is up with this Clown World?
« Reply #4560 on: September 02, 2025, 07:27:30 AM »
The 1st article is from July
"President Donald Trump’s blanket tariffs scheduled to begin on Aug. 1 could "
Lol

The 2nd article is close to a month old.
"President Donald Trump’s blanket tariffs scheduled to begin on Aug. 1 could "
Keep sweating it out. Lol

The 3rd article is a month old.
"Consumers Should Brace Themselves ......"
All of that energy devoted to bracing was wasted. Lol

And the 4th, from a month ago also.
"How Trump’s tariffs could affect your grocery bill"
« Last Edit: September 02, 2025, 07:40:38 AM by No one in Mn »
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Custard

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Re: WTF is up with this Clown World?
« Reply #4561 on: September 02, 2025, 08:08:32 AM »
Quote from: alum74 on September 01, 2025, 11:43:12 PM
Easy fix: 

https://www.cnbc.com/2025/07/29/trump-tariffs-food-prices.html

https://www.eatingwell.com/new-tariffs-affected-foods-11787328

https://www.cfr.org/article/consumers-should-brace-themselves-higher-food-prices

https://thehill.com/homenews/administration/5428344-trump-tariffs-food-grocery-prices/

You nailed it with your own article:

Quote
That said, not every item in Americans’ grocery baskets could see price increases.

Many agricultural products from Mexico and Canada, including some fruits, vegetables and meat products, are reportedly exempt under a trade agreement negotiated during Trump’s first term.

Potential duties on other imports and countries are still being worked out. Trump struck a trade deal with the European Union this week that established a 15 percent duty on goods from the bloc. But wine and spirits, for instance, still need to be negotiated, European Commission President Ursula von der Leyen said this week.

“The Administration has consistently maintained that the cost of tariffs will be borne by foreign exporters who rely on access to the American economy, the world’s biggest and best consumer market,” a White House spokesperson wrote in a statement.

Every month the prices and inflation are much flatter than expected and the TDS folks can’t make sense of it.
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Somewhere in Mn

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Re: WTF is up with this Clown World?
« Reply #4562 on: September 02, 2025, 08:11:32 AM »
Minnesota gas prices are down over 10% from a year ago.
« Last Edit: September 02, 2025, 09:03:08 AM by No one in Mn »
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ThePAMan

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Re: WTF is up with this Clown World?
« Reply #4563 on: September 02, 2025, 08:33:47 AM »
Inflation has been tamed, grocery prices are going great, and the job market is booming. Gives new meaning to Trump Derangement Syndrome.
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Custard

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Re: WTF is up with this Clown World?
« Reply #4564 on: September 02, 2025, 08:59:22 AM »
Quote from: ThePAMan on September 02, 2025, 08:33:47 AM
Inflation has been tamed, grocery prices are going great, and the job market is booming. Gives new meaning to Trump Derangement Syndrome.

What a time to be alive!
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alum74

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Re: WTF is up with this Clown World?
« Reply #4565 on: September 02, 2025, 10:11:08 AM »
People are noticing higher prices at grocery stores and restaurants. 

https://www.reuters.com/business/us-consumer-sentiment-weakens-august-inflation-expectations-rise-2025-08-15/?taid=689f8f6f0e01240001800427

Wait until the tariffs take full effect.  We're in the 'find out' part of fucking around.
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Somewhere in Mn

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Re: WTF is up with this Clown World?
« Reply #4566 on: September 02, 2025, 10:33:07 AM »
Around Aug 1 there are 4 articles stating could, could, should and could.

2 weeks later, public opinion polls showed that "U.S. consumer sentiment softened in August as households anticipated higher goods prices because of import tariffs."

Where would the public get these 'anticipations ?' 🤫🤷
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Somewhere in Mn

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Re: WTF is up with this Clown World?
« Reply #4567 on: September 02, 2025, 10:37:11 AM »
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Somewhere in Mn

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Re: WTF is up with this Clown World?
« Reply #4568 on: September 02, 2025, 10:45:12 AM »
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alum74

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Re: WTF is up with this Clown World?
« Reply #4569 on: September 02, 2025, 10:54:57 AM »
Quote from: No one in Mn on September 02, 2025, 10:33:07 AM

Where would the public get these 'anticipations ?' 🤫🤷

Every time they step into a grocery store or restaurant. 
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murphstahoe

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Re: WTF is up with this Clown World?
« Reply #4570 on: September 02, 2025, 11:26:33 AM »
Quote from: No one in Mn on September 02, 2025, 07:27:30 AM
The 1st article is from July
"President Donald Trump’s blanket tariffs scheduled to begin on Aug. 1 could "
Lol

The 2nd article is close to a month old.
"President Donald Trump’s blanket tariffs scheduled to begin on Aug. 1 could "
Keep sweating it out. Lol

The 3rd article is a month old.
"Consumers Should Brace Themselves ......"
All of that energy devoted to bracing was wasted. Lol

And the 4th, from a month ago also.
"How Trump’s tariffs could affect your grocery bill"

The conditional there is what is known as the "Taco trade"
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murphstahoe

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Re: WTF is up with this Clown World?
« Reply #4571 on: September 02, 2025, 11:27:11 AM »
Quote from: No one in Mn on September 02, 2025, 08:11:32 AM
Minnesota gas prices are down over 10% from a year ago.

This happens in failing states.
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murphstahoe

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Re: WTF is up with this Clown World?
« Reply #4572 on: September 02, 2025, 12:06:01 PM »
Quote from: alum74 on September 02, 2025, 10:11:08 AM
People are noticing higher prices at grocery stores and restaurants. 

https://www.reuters.com/business/us-consumer-sentiment-weakens-august-inflation-expectations-rise-2025-08-15/?taid=689f8f6f0e01240001800427

Wait until the tariffs take full effect.  We're in the 'find out' part of fucking around.

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murphstahoe

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Re: WTF is up with this Clown World?
« Reply #4573 on: September 02, 2025, 12:13:36 PM »
Quote from: murphstahoe on September 02, 2025, 12:06:01 PM


Maybe Mn should watch this... here you have this rich CEO of McDonalds, very antiseptically going over their business model and saying things like "well, some of the people in the middle to lower income tiers, maybe they're just skipping a meal, and we see that in lower breakfast revenue"
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Jobu

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Re: WTF is up with this Clown World?
« Reply #4574 on: September 02, 2025, 12:21:41 PM »
Man, I don't know. Prices at McDonald's are pretty damn ridiculous now.

They're in danger of pricing out the trash that they depend on...
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