The Economy

[Lazaran]

Facing $1 billion in TrumpTariff costs over the next year, P&G is raising prices on 25% of its products and firing workers.

DonOld’s tariff snowball has already rolled halfway down the mountain and attained critical mass.

There’s no stopping the inflation (stagflation) momentum now.



We. Told. Them. So.

 

[BabyBoomer50s]

P&G announces it will not raise prices of 75% of its product portfolio.

“P&G expects fiscal 2026 diluted net earnings per share growth in the range of 3% to 9% versus fiscal 2025 GAAP EPS of $6.51.”

“P&G said it expects a core effective tax rate to be in the range of 20% to 21% in fiscal 2026, at the mid-point of the range, approximately one point higher than the fiscal 2025 level.” (Thank goodness for the TCJA and OBBB!)

 

[Biglibido99]

And what's your spin on the miserable job growth figures, the high unemployment figures and the falling dollar value and business investment is down

Tired of whining yet?

 

[Lazaran]

Facing $1 billion in TrumpTariff costs over the next year, P&G is raising prices on 25% of its products and firing workers.

P&G announces it will not raise prices of 75% of its product portfolio.

“P&G expects fiscal 2026 diluted net earnings per share growth in the range of 3% to 9% versus fiscal 2025 GAAP EPS of $6.51.”

“P&G said it expects a core effective tax rate to be in the range of 20% to 21% in fiscal 2026, at the mid-point of the range, approximately one point higher than the fiscal 2025 level.” (Thank goodness for the TCJA and OBBB!)

BabyBoobs verifies that P&G IS RAISING PRICES ON A SIGNIFICANT PORTION (TWENTY-FIVE PERCENT) OF THEIR PRODUCTS AS A DIRECT RESULT OF DONOLD & THE MAGAT REPUBLICANS’ TARIFFS - WHILE P&G IS ALSO ENJOYING TAX BREAKS, DEREGULATIONS, AND SUBSIDIES FROM DONOLD & THE MAGAT REPUBLICANS’ ONE BUTT UGLY BILL.



And BabyBoobs FAILED to address THE JOBS THAT P&G IS CUTTING AS A DIRECT RESULT OF DONOLD & THE MAGAT REPUBLICANS’ TARIFFS.



We. Told. Them. So.

 

[dmallord]

GM, Ford and Stellantis lost billions in one quarter because of TrumpTariffs.

And that's without any tariffs fully signed. The power of a blowhard is evidently at work.
Imagine the full effects when the card dealing is done. Kind'a like Kinney Rogers...

For a taste of your whiskey... I'll give you some advice....
You never count your money at the table
There'll be time enough for countin' when the dealing's done...

 

[rachaelwillguideyou]

Here's the Republican Potty's "crackhead" logic for reducing our drug prices.

 

[MajorRewrite]

P&G announces it will not raise prices of 75% of its product portfolio.

“P&G expects fiscal 2026 diluted net earnings per share growth in the range of 3% to 9% versus fiscal 2025 GAAP EPS of $6.51.”

“P&G said it expects a core effective tax rate to be in the range of 20% to 21% in fiscal 2026, at the mid-point of the range, approximately one point higher than the fiscal 2025 level.” (Thank goodness for the TCJA and OBBB!)

Facing $1 billion in TrumpTariff costs over the next year, P&G is raising prices on 25% of its products and firing workers.

$1 billion TrumpTariff cost. 7,000 jobs lost.

 

[MajorRewrite]

The TrumpTariff cost numbers are bigly.

Stanley Black & Decker to raise prices again, navigate $800M tariff impact

After hiking prices by high single-digits in April across U.S. retailers, the company is in early talks to implement a “more modest” round of increases starting in the fourth quarter, COO Christopher Nelson said during a July 29 earnings call.

 

[1984X2024]

Dec 2024 Bloomberg story quotes Biden official saying BLS has to be reviewed

Cause they get the numbers wrong

 

[1984X2024]

Dec 2024 Bloomberg story quotes Biden official saying BLS has to be reviewed

Cause they get the numbers wrong

 

[ll74]

Dec 2024 Bloomberg story quotes Biden official saying BLS has to be reviewed

Cause they get the numbers wrong

And if 47 would've used that as reasoning instead of complaining about numbers, he would not have the scrutiny on this as he does.
But the President needs it to be about himself.

 

[1984X2024]

THAT was the reasoning

https://www.bloomberg.com/news/arti...revamp-after-botched-us-releases-review-finds

 

[ll74]

THAT was the reasoning

https://www.bloomberg.com/news/arti...revamp-after-botched-us-releases-review-finds

Except the President didn't mention this reasoning.

Because that wasn't his reasoning.

That is your defense and explanation on what you thought his reasoning was because you agree that he had no reasoning

 

[1984X2024]

No, Thats exactly the reason, the NUMBERS are WRONG!

You and yours attack Trump because Trump....

 

[MajorRewrite]

No, Thats exactly the reason, the NUMBERS are WRONG!

You and yours attack Trump because Trump....

When Biden was president, you ranted that downward revision of jobs estimates meant the original estimates were faked to make Biden look better.

Now that Donnie is president, you rant that downward revision of jobs estimates were faked to make Trump look bad.

Revisions of job estimates happen under all administrations, but only the Petulant Man-Baby and his economically illiterate MAGA sheep throw a tantrum about it.

If you weren’t mentally disabled, I’d tell you to grow up but that’s not possible with your severe mental impairment.

 

[1984X2024]

THAT was the reasoning

https://www.bloomberg.com/news/arti...revamp-after-botched-us-releases-review-finds

 

[Lazaran]

The stock market is rebounding from last Friday’s slaughter, because the real economy is such shit due to DonOld & the MAGAt republicans’ tariff fiasco and their One Butt Ugly Bill, that the markets are counting on a Fed rate cut…



Never has the real economy been so detached from the markets.

This is NOT going to end well…

.

We. Told. Them. So.

 

[MajorRewrite]

Conagra’s manufacturing is mostly domestic, but it’s still hit by $200 million of TrumpTariff costs annually.

According to the company’s recent earnings conversations, tariffs alone are projected to add approximately 3% to the company’s cost of goods sold, totaling more than $200 million annually.

It will also have an anticipated impact on the company’s canned food products, as the rising costs are primarily driven by tariffs on steel and aluminum. While Conagra said the majority of its manufacturing is domestic, tariffs on some imported goods such as palm oil, cocoa and other ingredients will also contribute to the financial hit.

 

[Biglibido99]

Manufacturers in America don't have to worry about tariffs - bring manufacturing back to Merika MAGAt fools find out haha

 

[ll74]

Manufacturers in America don't have to worry about tariffs - bring manufacturing back to Merika MAGAt fools find out haha

Of course they do. Every part that is manufactured comes from somewhere else and likely from another country impacted by tariffs.

If the part is steel and the supply is from Canada, that's 25 or 35% depending on what mood dear leader is in.

The biggest issue with tariffs right now is that dear leader changes things on the fly. No single producer of goods is able to predict the mood he's in this morning.

 

[Lazaran]

Manufacturers in America don't have to worry about tariffs - bring manufacturing back to Merika MAGAt fools find out haha

That Josh idiot from the video is what we’re up against with the MAGAts.



And Josh is the Jethro Bodine of MAGAts - there are faaaaaar less intelligent MAGAts than Josh out there.



We. Told. Them. So.

 

[heathrowinneo]

Manufacturers in America don't have to worry about tariffs - bring manufacturing back to Merika MAGAt fools find out haha

The cognitive dissonance they maga tariff deniers are experiencing is interesting. The dawning on them that their world is changing and going to cost more is almost comical if it wasn't sad. Time for them to turn off fox, breitbart and other stilted "news" programs and learn what is going on.

 

[Biglibido99]

I've just two words for them "keep bleating"

 

[MajorRewrite]

The impact of TrumpTariffs on American companies is bigly. Huuuuuuge.

Caterpillar: $1.5 billion tariff hit

Caterpillar (CAT) is expecting a bigger hit from tariffs in the third quarter and the rest of 2025 than it initially projected, as President Trump's tariffs hit the industrial and manufacturing segment especially hard.

The company flagged a tariff impact of $400 million to $500 million in the third quarter and $1.5 billion hit from costs tied to US tariffs in 2025.

 

[MajorRewrite]

The US trade deficit soared earlier this year as companies increased imports ahead of Trump’s tariffs. In June the trade deficit dropped down to the level of 2023.

Imports and exports both decreased from May to June.