🌎 Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues IV

[squeekness]

What could Trump do to lower grocery prices? Experts weigh in

Food prices have climbed more than 25% since President Joe Biden took office.

abcnews.go.com

If Trump doesn't go after gougers, the prices will only get worse.

 

[blueharvest]

Trump wants more tariffs. What that means for US manufacturers.

Expanded tariffs could protect some manufacturers from foreign competition, but economists warn that they would also drive up inflation.

www.usatoday.com

 

[blueharvest]

 

[squeekness]

He's rich so he doesn't care. Doesn't affect him.

 

[Steyin]

I'm stockpiling soup and tuna just in case.

 

[blueharvest]

I'm stockpiling soup and tuna just in case.

What about toilet paper, paper towels and hand sanitizer?

 

[blueharvest]

Don’t Give Trump Credit for the Success of the Biden Economy

President-elect Trump will likely attempt to claim credit as wages continue to recover

time.com

 

[blueharvest]

 

[blueharvest]

 

[squeekness]

I'm stockpiling soup and tuna just in case.

Sucks that this is probably sound advice.

 

[squeekness]

Oh, I don't know. CNN and MSNBC were pretty much saying evet since Trump slathered about all those tariffs.

 

[Steyin]

What about toilet paper, paper towels and hand sanitizer?

Got enough of that already.

 

[blueharvest]

How the stock market could be last guardrails to corral Trump’s wildest whims

Trump obsessed over the stock market during his first administration

www.independent.co.uk

 

[blueharvest]

Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices

The president-elect is planning on imposing a baseline tariff on all foreign-made goods.

truthout.org

 

[blueharvest]

 

[squeekness]

Walmart and Other Companies Say Trump’s Tariffs Will “Obviously” Raise Prices

The president-elect is planning on imposing a baseline tariff on all foreign-made goods.

truthout.org

View attachment 112421

Hope those voters choke on it like the rest of us.

 

[squeekness]

Because Republicans suck.

 

[blueharvest]

Trump's tariff policies have hedge fund billionaire Ken Griffin feeling 'very anxious'

Trump's plans would likely result in higher prices for consumers and slam small businesses

qz.com

 

[blueharvest]

Because Republicans suck.

They pretty much always have.

 

[blueharvest]

Stock up or sticker shock? Why some influencers are talking tariffs ahead of Trump presidency

ABC News' Elizabeth Schulze spoke to Walmart about the potential rising cost of goods if new tariffs go into effect next year.

abcnews.go.com

 

[blueharvest]

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.

apnews.com

 

[blueharvest]

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers.

apnews.com

 

[Lily Adler]

 

[blueharvest]

Trump’s picks of loyalists for financial posts ensures his economic agenda is unimpeded

Howard Lutnick and Scott Bessent, commerce and Treasury nominees respectively, are sure to ignore economist’s warnings and follow Trump’s lead

www.theguardian.com

 

[blueharvest]