4 ms·
“The short term consequences have appeared muted” Have they appeared good? What am I winning?
by techblueberry 1y ago
“The short term consequences have appeared muted”
Have they appeared good? What am I winning?
- JumpCrisscross 1y ago> What am I winning? Higher median usual real earnings [1]. I think the tariffs will wind up a disaster. But I thought they'd have sunk our economy quicker, which they haven't. Meanwhile, AI keeps the stock market bubbling upward. [1] https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
- almosthere 1y agoIt seems to be working - companies that bought $2 China doohickies that sold them for $5 are now paying $4 and now charging $6 and you're going to get $2000 for buying that doohickie for a dollar more. Meanwhile people that are in the working class don't buy doohickies, they just buy American grown food (for the most part) in this economy, so they aren't suffering much at all from the tariffs. It almost makes trump sound like Robin Hood.
- maxerickson 1y agoWhy are they removing the tariffs on beef?
- techblueberry 11mo agoWhy is my grocery bill so high then, literally everything is more expensive.
- almosthere 11mo agobecause biden made it high
- techblueberry 11mo agoIn 2057 do we get to keep using the same excuse?
- JumpCrisscross 11mo agoHe did. Trump doubled down on inflationary policies, from inducing supply shocks to cutting rates while blowing the deficit.
- bix6 1y agoThat hasn’t updated since July though, is the trend continuing?
- JumpCrisscross 1y ago> is the trend continuing? We'll find out on Friday [1]. (Last update was in August.) [1] https://www.bls.gov/schedule/2025/11_sched.htm https://www.bls.gov/schedule/2025/11_sched.htm