The Economy

[DeluxAuto]

Biden Treasury said no https://www.bloomberg.com/news/arti...fs-won-t-increase-us-prices-janet-yellen-says

It affected Bloomberg so much that they added a paywall.

 

[MajorRewrite]

Trump Tariffs Revenues Soar AGAIN, Creating More Wealth for America.​

Tariff revenues collected by the U.S. government in May have already exceeded $22.3 billion, according to data from the Treasury Department. A significant deposit of over $16.5 billion was recorded on May 22 alone.

This spike in receipts, categorized under “Customs and Certain Excise Taxes,” has been driven by President Donald J. Trump’s trade policies, aimed at encouraging the reshoring of American manufacturing from foreign countries.

The total for May has already surpassed the $17.4 billion collected in April and the $9.6 billion in March. Since January 1, more than $92 billion has flowed into government coffers.

https://thenationalpulse.com/2025/0...-soar-again-creating-more-wealth-for-america/

I already posted that. $22 billion in new taxes paid by American companies and consumers.

American businesses and consumers have paid more than $22 billion in TrumpTariffs in May.

That’s a bigly tax. Not huuuuuuuuuuge (about 4% of total tax revenue) but bigly.

 

[MajorRewrite]

Tariffs DONT cause price increases

Of course they do.

Mentally disabled noitall/moOHmo makes dumb comments regardless of its current username.

 

[RobDownSouth]

Biden Treasury said no https://www.bloomberg.com/news/arti...fs-won-t-increase-us-prices-janet-yellen-says

Chinese tariffs were 33% lower under Biden.
https://i.imgur.com/ZYSVrB3.png

 

[RobDownSouth]

Tariffs DONT cause price increases

Then why did Orange Julius Caesar™ feel compelled to order Walmart to "EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching!"

 

[SluttyTheresa]

Trump Tariffs Revenues Soar AGAIN, Creating More Wealth for America.​

Tariff revenues collected by the U.S. government in May have already exceeded $22.3 billion, according to data from the Treasury Department. A significant deposit of over $16.5 billion was recorded on May 22 alone.

This spike in receipts, categorized under “Customs and Certain Excise Taxes,” has been driven by President Donald J. Trump’s trade policies, aimed at encouraging the reshoring of American manufacturing from foreign countries.

The total for May has already surpassed the $17.4 billion collected in April and the $9.6 billion in March. Since January 1, more than $92 billion has flowed into government coffers.

https://thenationalpulse.com/2025/0...-soar-again-creating-more-wealth-for-america/

You do realize that all that is a tax paid by American consumers?

 

[Lazaran]

Of course they do.

Mentally disabled noitall/moOHmo makes dumb comments regardless of its current username.

Of course, companies can mitigate some of the rise in prices caused by Trump’s tariffs - by FIRING employees, and seeking / accepting lower cost (and quality) items, etc…

That ^ seems to be Walmart’s strategy…





We. Told. Them. So.

 

[heathrowinneo]

Chinese tariffs were 33% lower under Biden.
https://i.imgur.com/ZYSVrB3.png

And the economy was robust, growing.

 

[Rightguide]

Hopefully MR is holding her ass with both hands:

https://twitter.com/x/status/1927338055813288068

 

[ll74]

Rasmussen is a fun

I enjoy when they repost MAGA shit in support of their polls

 

[MajorRewrite]

Hopefully MR is holding her ass with both hands:

https://twitter.com/x/status/1927338055813288068

This is not about the economy, and it was refuted in the thread started by 86all/tinta/moOHmo/whatever.

Good job.

 

[Bray123]

The economy explained...

https://imgur.com/gDek5Gw

 

[ll74]

Lol
Blocked

 

[heathrowinneo]

There is a new economic stimulus, tax the pardons and graft. Imagine lthe inflows to the treasury: break the law, tried an convicted (don't want to violate due process), claim political persecution, make a donation to rw charity or individual and, voila! Pardon! Maybe a price list for pardons to be upfront on what it costs. Now, that is stimulus.

 

[ll74]

Just heard that the blocking of tariffs has been stayed by an appeals court temporarily. Waiting on sites to pick up the story before posting

 

[DeluxAuto]

Jobless claims reach 240k. Highest number since President Biden fixed the economy in 2021.

 

[heathrowinneo]

Don't you just wish we weren't 'liberated' last month and the economy and life would be somewhat normal, other than the grifting, pardons for sale, lies, damn lies, bs...

https://finance.yahoo.com/news/tariff-ruling-threatens-2-trillion-113000185.html

 

[1984X2024]

Well, reality is

Personal income has huge jump this yr. Super core inflation is negative.

We have always been at war with Eurasia

 

[MajorRewrite]

Inflation ticked lower in April, but remained above the target rate.

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 2.5% on an annual basis, in line with expectations and lower than the 2.7% seen in March. Core prices rose 0.1% in April from the prior month, in line with expectations and the monthly increase seen in March.

 

[BabyBoomer50s]

The sky is falling.

https://abcnews.go.com/US/wireStory/us-inflation-gauge-cools-sign-tariff-impact-122341942

 

[MajorRewrite]

Real Personal Income continued its long-term trend of improvement in April.

 

[DeluxAuto]

All markets down bigly this morning.

 

[heathrowinneo]

your hate blinds you

https://twitter.com/x/status/1928452960066969686

Lol. Hate? Hardly. More along the lines of presenting facts and information. Grow up.

 

[heathrowinneo]

All markets down bigly this morning.

Hmm can't imagine why... oh, wait, could it trade and tariffs... yep and yuge just yuge

 

[heathrowinneo]

All markets down bigly this morning.

We are going to see more of this volatility thanks to the whiplash of tariffs and goofball trade negotiations