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That energy price thing is very fluid in impact. I work in the oil and gas industry in Oklahoma. Many farmers love fat royalty checks. Obviously the big energy producers pay vast amounts of state taxes and provide numerous high paying jobs. That money then goes into the economy with restaurants, vehicles, hotels, housing, etc.Ask the installer why the price went up. It wasn't because of the proposed tarriffs. Everything got more expensive when the previous administration declared war on energy. Biden essentially cancelled the Keystone pipeline his first day in office. The entire supply chain runs on energy, and when the price for your fundamental input for production and transportation of all goods increases dramatically, everything goes up.
That is pretty nice, especially with Easter coming upEgg prices are down in Iowa over 50% since February. Just saying...![]()
I'd love to see that HVAC line item in the supply chain go up over 100% in 3 years because gas went up $.50Ask the installer why the price went up. It wasn't because of the proposed tarriffs. Everything got more expensive when the previous administration declared war on energy. Biden essentially cancelled the Keystone pipeline his first day in office. The entire supply chain runs on energy, and when the price for your fundamental input for production and transportation of all goods increases dramatically, everything goes up.
Pick your answer:Let me ask you a simple question. If the stock market was at an all time high, inflation was coming down dramatically and unemployment was relatively low, what was the urgent crisis that warranted these tariffs??
I fail to see the logic especially considering the state of affairs. Maybe we need to trim some fat sure, but this broad approach is not rational.
I suspect when the average person’s expenses go up, and their farm subsidies get hammered, and their poor momma can’t get Medicare, and their 401 gets hammered; the result will not be a republican gain.
Shut it down. It is political.I'm just glad this thread is still open. Actually, a little surprised.
Eddie
Gas here was $1.59 the day Biden took over. The day Biden left the same gas station by my house it was $3.29. That’s a little more than $.50. And yes, everyone that uses gas to do business passed that on to you. My truck has a 38 gallon tank so adding almost $2 dollars a gallon to fill it up is noticeable.I'd love to see that HVAC line item in the supply chain go up over 100% in 3 years because gas went up $.50
Aren't you kind of making Trump's point? You did "everything right" , yet you still are being squeezed? Do you think we should continue down the same path we have been on? Tariffs are going to bring real pain to a lot of people imo. I also think that in the long term, they have the ability to be a good thing. Time will tell. I do know that it seems your story is far too common any more. Clearly the last administration did not help you out. Let's hope this new approach does better for you and everyone else.I'm not talking about those people. I am talking about someone like myself who did things the "right way".
Stayed out of trouble, went to school, worked hard, got a job, worked hard and is now working for a company in the S&P 500 with a working spouse that is being squeezed on the basic necessities of life.
I know dozens of people in my own circle experiencing the same thing.
Where does the carousel stop? Our children not being able to afford to buy a car, house, or have kids of their own?
I have zero faith that any administration let alone this one would follow through with this, they are going to have their cake and eat it too. We at the bottom will all foot the bill like always.The tariff does drive up the cost of overseas goods....BUT it also brings in Billions to the government so the gov can offset and reduce taxes. [just like the push for gov efficiency will reduce the tax burden]
Well stated.If tariffs are so bad for the economy- then why do many countries place a tariff on US goods?
Here's what most people- even the talking heads- miss about Tariffs;
True; Tariffs alone are a goods tax, much like when the democrat admins raise taxes to Corporations- it's a pass through to the consumer.
You have to focus on the whole picture;
Tariffs CAN be part of a comprehensive strategy that is very good for our country- which is what I'm hoping for here.
The tariff does drive up the cost of overseas goods....BUT it also brings in Billions to the government so the gov can offset and reduce taxes. [just like the push for gov efficiency will reduce the tax burden]
It also brings in investment to the country- just like we are already seeing even with the threat of tariffs.
It creates a level playing field.
It protects US jobs and brings in jobs
It helps with our national security- remember when folks were clamoring for masks during Covid? Yeah, we let China hold us hostage for those as we stopped making them. Can you imagine if we were in a war with many of the parts for our fighter jets and military is made by the enemy?
There are people that claim, "We don't need to make anything"....so we can just be pigs at the trough consuming cheap goods like there is no tomorrow?
We have created a hole for ourselves over the last several decades being addicted to cheap goods. It breaks, just throw it away. I think it will be a bit of a painful adjustment for many- but it's good for the country that we all will still speak English vs Chinese in the future.
True, the Average American IQ sure seems to have dropped in the last couple decades.But clearly the average American only cares about the cost of their next flagship bow.
This is going to be tough on those people and they’re going to throw tantrums which will make getting this done difficult. People who voted for Trump are already complaining that this thing or that thing is going up in price. They have no clue how to play the long game. They’ve been conditioned to spend spend spend for far too long.
My hope is Trump succeeds in what he’s trying to do despite these people. I guess time will tell.
@birdman22 - “keep this forum on track”? Really?Please help keep this forum on track.
Oh sh*t, SHUT IT DOWN!Tikkas up 20%