The Economy

[rachaelwillguideyou]

Trump warned us we'd get tired of all of the winning.

According to Fortune, etc, DOGE will actually cost US taxpayers $135,000,000,000.00 2025 fiscal year. That's why Trump needs to borrow like crazy. And you spelled "whining" incorrectly.

https://fortune.com/article/doge-mass-federal-workforce-cuts-taxpayers-billions/

 

[Biglibido99]

Fun fact?
There's not a single legal binding deal at the moment.
Ursula von der Leyen is not authorised to conclude such agreements for the EU.
Of the five other ‘deals’ that Trump has negotiated so far (United Kingdom, Indonesia, Vietnam, Philippines and Japan), only the text of the agreement with the United Kingdom is available. This is rather vague in terms of content and also contains the explicit statement that ‘both the United States and the United Kingdom recognise that this document does not constitute a legally binding agreement.’

Yep, he's being played by other countries for the fool that he is and he's playing his MAGAt fools for the dumbest fucks that they are. There's one thing Donny knows h his base are the dumbest retards and that's why they understand and follow him - they're as dumb as he is

 

[Meekly_Anna]

The victims of the protection racketeer, sorry, greatest president of all time, would be very stupid to even informally agree to his unworldly demands. Apart from the fact that he is complaining about ‘unfair’ conditions and now wants to enforce them, the whole thing has other consequences. (Anyone who even superficially follows the activities of his freak show can see that his thing is to accuse his real or imagined opponents of doing exactly what he himself intends to do.)
Should the agreed tariff rates, in particular the 0 per cent tariffs promised by the EU on goods imported from the USA, actually be applied, the EU would be directly obliged not to levy tariffs on similar goods from all WTO member states. This is a direct result of the most favoured nation obligation (Art. I:1 GATT), which is of particular importance in the WTO legal system. Most-favoured-nation treatment means that WTO members are obliged to grant trade advantages that they grant to another WTO member - e.g. 0 percent tariffs - unconditionally to all other WTO members. Whether the EU has a legal obligation towards the USA to allow duty-free imports of goods is irrelevant - only the factual situation is decisive.

 

[Biglibido99]

Donny doesn't do detail (but Debbie does Dallas ) - he's numerically illiterate and functionally illeterate too - he just wants the headline, never mind the truth

 

[MajorRewrite]

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 said it will raise prices on about a quarter of its products in August, with increases expected to be in the mid-single-digit range.

The plan also calls for the company to cut about 6% of its workforce, or 7,000 jobs.

 

[Biglibido99]

All that manufacturing rushing back into the US is dizzying,

 

[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