Are Trump's beautiful tariffs

[snarlcakes]

already working? A lot would say the most beautiful tariffs ever. 😁





I would tamper down doom and gloom until the hard data is actually bad. There's a lot of media fud right now and when the 3rd place finisher at Moose's Tuesday bingo night is telling you to sell all your stocks because the world is ending, you might want to fade the advice.

 

[crazed_hoosier2]

While I hear what you're saying about not panicking and moving a bunch of money around in the expectation that the economic apocalypse is nigh, any benefits gained (and there would be some) by tariffs will be more than offset elsewhere.

I just hope this doesn't last very long -- because it's a terrible idea.

 

[HurryingHoosiers]

how many weeks of stock are in warehouses before companies will need to start raising prices? That will help determine delay of repercussions from tariffs.

 

[UncleMark]

how many weeks of stock are in warehouses before companies will need to start raising prices? That will help determine delay of repercussions from tariffs.

Depends on the product. Baked goods from Canada and produce from Mexico will jump immediately.

 

[crazed_hoosier2]

Depends on the product. Baked goods from Canada and produce from Mexico will jump immediately.

That's true. But, honestly, I'm more concerned about all the foreign-made inputs than I am finished goods, especially simpler ones. People are making comparisons to Smoot-Hawley. But they leave out that we have a very, very different economy today than we had then. Most obviously, it's far more globalized than it was 95 years ago. But we also have more complex goods that are comprised of myriad things -- including IP -- from all over.

As an easy example, there's no such thing as an "American made car". There are cars assembled in America. But they source parts and technology from all over the place.

 

[snarlcakes]

While I hear what you're saying about not panicking and moving a bunch of money around in the expectation that the economic apocalypse is nigh, any benefits gained (and there would be some) by tariffs will be more than offset elsewhere.

I just hope this doesn't last very long -- because it's a terrible idea.

Yeah, taxes suck. I can't argue against that and he needs to shit or get off the pot. If they're serious about tariffs, they need to implement them and establish the new norm. Putting that aside, I disagree with the bears right now. Too many people are losing their minds over 7 stocks being down for the year. The S/P 493 is flat on the year.

 

[UncleMark]

That's true. But, honestly, I'm more concerned about all the foreign-made inputs than I am finished goods, especially simpler ones. People are making comparisons to Smoot-Hawley. But they leave out that we have a very, very different economy today than we had then. Most obviously, it's far more globalized than it was 95 years ago. But we also have more complex goods that are comprised of all myriad things -- including IP -- from all over.

As an easy example, there's no such thing as an "American made car". There are cars assembled in America. But they source parts and technology from all over the place.

Of course. But the impact on groceries will be felt immediately.

 

[Spartans9312]

Of course. But the impact on groceries will be felt immediately.

I thought fresh produce was already too expensive for poor people?

 

[larsIU]

I thought fresh produce was already too expensive for poor people?

I bought fresh bok choy the other day.

I live in Carmel. But was once poor, didn't buy fresh veggies then. So this probabyl checks out.

 

[UncleMark]

I thought fresh produce was already too expensive for poor people?

And Trump is making it worse.

 

[HurryingHoosiers]

I thought fresh produce was already too expensive for poor people?

So just make it too expensive for the middle class was the solution

 

[IUINSB]

I thought fresh produce was already too expensive for poor people?

Let them eat Spam...or Alpo.

 

[Spartans9312]

And Trump is making it worse.

If they couldn’t afford it…how does it make it worse on the poor?

 

[Spartans9312]

So just make it too expensive for the middle class was the solution

What type of produce can you no longer afford?

 

[Spartans9312]

Let them eat Spam...or Alpo.

Already only eating processed foods due to cost and not choice….or so we’ve been told

 

[sweetsilence]

Americans need to go on a diet anyway.

Have you seen the shit people on food stamps buy, or how massive a lot of them are? Eating fresh and healthier isn't that expensive, people just don't want the fresh and healthy items that they can afford.

 

[sweetsilence]

Already only eating processed foods due to cost and not choice….or so we’ve been told

I can put together a meal much cheaper than any frozen one outside of banquet.

 

[HurryingHoosiers]

Americans need to go on a diet anyway.

Have you seen the shit people on food stamps buy, or how massive a lot of them are? Eating fresh and healthier isn't that expensive, people just don't want the fresh and healthy items that they can afford.

Americans go for cheap, easy and tastes good and that's generally the unhealthy crap. Healthy food can taste good but generally not easy and often not as cheap (especially organic)

Growing up, we were taught bread/grains were good for you and at the bottom of the pyramid. But to maximize profits, companies found out they could increase profits/yield if they changed the way they made bread (which ended up taking out most of its nutritional value). Thus giving us empty carbs instead. If you want the healthy bread, then you have to make it yourself or pay a premium (removing either the cheap or the easy part of the equation). Lot of health issues started with the crap businesses put in our food (or took out). Of course, Americans make their bad choices too.

 

[sweetsilence]

Americans go for cheap, easy and tastes good and that's generally the unhealthy crap. Healthy food can taste good but generally not easy and often not as cheap (especially organic)

Growing up, we were taught bread/grains were good for you and at the bottom of the pyramid. But to maximize profits, companies found out they could increase profits/yield if they changed the way they made bread (which ended up taking out most of its nutritional value). Thus giving us empty carbs instead. If you want the healthy bread, then you have to make it yourself or pay a premium (removing either the cheap or the easy part of the equation). Lot of issues started with the crap businesses put in their food (or took out). Of course, Americans make their bad choices too.

What isn't easy? What isn't as cheap? If you are value shopping you aren't buying organic.

Don't eat bread. A bag of potatoes is cheaper than a loaf of bread and better for you.

A lot wrong with the food industry though. Although a big problem is people congregating in cities and relying on mass production.

 

[HurryingHoosiers]

What isn't easy? What isn't as cheap? If you are value shopping you aren't buying organic.

Don't eat bread. A bag of potatoes is cheaper than a loaf of bread and better for you.

Eating raw vegetables isn't what I consider good tasting. So then you have to get a dip, cook it or something else. Already past the easy part when compared to grabbing something unhealthy, like chips.

 

[sweetsilence]

Eating raw vegetables isn't what I consider good tasting. So then you have to get a dip, cook it or something else. Already past the easy part when compared to grabbing something unhealthy, like chips.

Well, sometimes life takes a little effort. You can roast or satuee vegetables with ease. They have cans with vegetables in them, even easier.

If someone can microwave a hot pocket then they can microwave a steamer bag of a frozen vegetable. The options are there. An argument can be made frozen vegetables are more nutritious.

 

[dbmhoosier]

Glorious.

 

[outside shooter]

After hours market trading predicts a precipitous drop in the stock market tomorrow. Thanks Donald. Two months have seen my retirement accounts lose twice the amount of money that I paid for my first house, in Cincinnati, in 1994.

 

[mcmurtry66]

I bought fresh bok choy the other day.

I live in Carmel. But was once poor, didn't buy fresh veggies then. So this probabyl checks out.

Disgusting humblebrag

 

[sweetsilence]

After hours market trading predicts a precipitous drop in the stock market tomorrow. Thanks Donald. Two months have seen my retirement accounts lose twice the amount of money that I paid for my first house, in Cincinnati, in 1994.

Sounds like you need to reallocate your investments if you have too much risk you can't handle a loss like that in two months and are worried about an after hours prediction for one day in the market. Damn, probably should just put your money in cd ladders.

 

[mcmurtry66]

Glorious.

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Incredibly stupid. He’ll be out. Likely impeached. Congress will flip. What a complete dipshit

Gov cannot stop fcking with shit

 

[mcmurtry66]

Glorious.

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Now I know why daughterty is at Florida gulf coast junior college college

 

[HurryingHoosiers]

Well, sometimes life takes a little effort. You can roast or satuee vegetables with ease. They have cans with vegetables in them, even easier.

If someone can microwave a hot pocket then they can microwave a steamer bag of a frozen vegetable. The options are there. An argument can be made frozen vegetables are more nutritious.

I got a steamer for the microwavea couple weeks ago for just that very thing

 

[Spartans9312]

 

[Cortez88]

Disgusting humblebrag

No shit. How do you even cook bok choy? Is this a Carmel thing?

 

[mcmurtry66]

No shit. How do you even cook bok choy? Is this a Carmel thing?

We’re all outsiders

 

[sweetsilence]

No shit. How do you even cook bok choy? Is this a Carmel thing?

I just cook it in my cast iron skillet. Get mine at B-town International market when I'm in town.

 

[dbmhoosier]

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[Baller23Boogie]

No shit. How do you even cook bok choy? Is this a Carmel thing?

On a stove with the heat on.

 

[CO. Hoosier]

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Was doing nothing a viable option? The do nothing risk averse policies of the last few decades was eroding our heavy industry, worsening the opportunities for high-paying dirty jobs, increasing income and wealth imbalance, driving deficit spending, increasing trade imbalance and increasing our debt load at a skyrocketing rate.

As far as tariffs is concerned, they are simply a consumption tax on imports that state and local governments impose on all goods and services. If the tariff revenue offsets no income tax on tips, overtime, and social security, ( blue collar and low income taxpayers) tariffs are not a big problem.

We must execute a course change.

 

[CO. Hoosier]

On a stove with the heat on.

Sauté with jalapeños?

 

[snarlcakes]

Glorious.

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lol...I wouldn't call them glorious.

 

[Baller23Boogie]

Sauté with jalapeños?

Never had it with jalapeños, but could be good. I've only had it with with some salt, garlic and oil. Basic stuff.

 

[snarlcakes]

I bought fresh bok choy the other day.

I live in Carmel. But was once poor, didn't buy fresh veggies then. So this probabyl checks out.

I'm very intrigued. How do you cook it? What's it taste like?

 

[mcmurtry66]

Never had it with jalapeños, but could be good. I've only had it with with some salt, garlic and oil. Basic stuff.

Coh is a mountain man. A westerner. Green chilis. Jalapeños.