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1896
Misc
2026 Jan 13, 2:54pm
Remember earlier in the year when the economists were blathering about how the price of a vehicle was gonna go up like $10k because of Tariffs ????
They were 100% wrong, but somehow they are still employed because accuracy is not a factor. Only being able to spew anti-Trump propaganda is needed to be an economist.
They were 100% wrong, but somehow they are still employed because accuracy is not a factor. Only being able to spew anti-Trump propaganda is needed to be an economist.
1897
FortWayneHatesRealtors
2026 Jan 13, 4:15pm
Misc says
So far Trump was right on tariffs, and I hope it stays.
He’s been plenty often the reason for inflation in the past. He’s bailing out real estate investors even now buying MBSs, PPP was his money handout, every omnibus he signed, threatening fed over high interest rates, he wants zero rates to spike asset inflation.
Just saying don’t worship a man, all men are faulty.
Remember earlier in the year when the economists were blathering about how the price of a vehicle was gonna go up like $10k because of Tariffs ????
They were 100% wrong, but somehow they are still employed because accuracy is not a factor. Only being able to spew anti-Trump propaganda is needed to be an economist.
So far Trump was right on tariffs, and I hope it stays.
He’s been plenty often the reason for inflation in the past. He’s bailing out real estate investors even now buying MBSs, PPP was his money handout, every omnibus he signed, threatening fed over high interest rates, he wants zero rates to spike asset inflation.
Just saying don’t worship a man, all men are faulty.
1898
AD
2026 Jan 13, 10:14pm
AD
2026 Jan 13, 10:14pm
12 month CPI (or annual inflation) at 2.7% for December 2025
CPI was reported today.
This is a good look for Trump admin especially given the Trump 2025 tariffs are still in place.
And the fiscal year deficit for 2025 is not greater than that for 2024.
CPI was reported today.
This is a good look for Trump admin especially given the Trump 2025 tariffs are still in place.
And the fiscal year deficit for 2025 is not greater than that for 2024.
1899
stereotomy
2026 Jan 14, 2:07pm
stereotomy
2026 Jan 14, 2:07pm
The practical effect of tariffs on the TBTF corporations will be that they can't spend the usual hundreds of billions of dollars on stock buybacks. Bad news for share price appreciation, and a big reason why foreign stocks in aggregate will outperform domestic large caps.
1900
Eric_Holder
2026 Jan 15, 11:47am
Eric_Holder
2026 Jan 15, 11:47am
Misc says
Donnie TACOed bigly, so they weren't wrong per sey if they commented on the original Kinko board BBTs, not tacoed-down version we got ultimately. And while not exactly $10K some cars I was looking at did go up solid $5K between 24 and 25 MY (like Subie WRX, for example) with the new BBTs in place.
Remember earlier in the year when the economists were blathering about how the price of a vehicle was gonna go up like $10k because of Tariffs ????
They were 100% wrong, but somehow they are still employed because accuracy is not a factor. Only being able to spew anti-Trump propaganda is needed to be an economist.
Donnie TACOed bigly, so they weren't wrong per sey if they commented on the original Kinko board BBTs, not tacoed-down version we got ultimately. And while not exactly $10K some cars I was looking at did go up solid $5K between 24 and 25 MY (like Subie WRX, for example) with the new BBTs in place.
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https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net