|drops-as-long-run-inflation-views-rise>
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
|
| Consumers expect prices will climb at an annual rate of
| 3.5% over the next five to 10 years, according to the final
| February reading from the University of Michigan. The rate
| is the highest since 1995, based on data compiled by
| Bloomberg.
| ... <https://www.bloomberg.com/news/articles/2025-02-21/us-consumer-sentiment-
--bks
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
U.S. business activity nearly stalled in February amid
| mounting fears over tariffs on imports and deep cuts in
| federal government spending,
[email protected] (Bradley K. Sherman) wrote in news:vpa6h1$1s6$1 @panix3.panix.com:
|drops-as-long-run-inflation-views-rise>
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
|
| Consumers expect prices will climb at an annual rate of
| 3.5% over the next five to 10 years, according to the final
| February reading from the University of Michigan. The rate
| is the highest since 1995, based on data compiled by
| Bloomberg.
| ... <https://www.bloomberg.com/news/articles/2025-02-21/us-consumer-sentiment-
--bks
Fools can only follow a path you show. Look for the total and real
truth of the matter to see what is and the path to fix it.
|
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
|
| Consumers expect prices will climb at an annual rate of
| 3.5% over the next five to 10 years, according to the final
| February reading from the University of Michigan. The rate
| is the highest since 1995, based on data compiled by
| Bloomberg.
| ... <https://www.bloomberg.com/news/articles/2025-02-21/us-consumer-sentiment-drops-as-long-run-inflation-views-rise>
--bks
On Fri, 21 Feb 2025 17:58:58 -0000 (UTC)
David LaRue <[email protected]> wrote:
[email protected] (Bradley K. Sherman) wrote in news:vpa6h1$1s6$1nt-
@panix3.panix.com:
|
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
|
| Consumers expect prices will climb at an annual rate of
| 3.5% over the next five to 10 years, according to the final
| February reading from the University of Michigan. The rate
| is the highest since 1995, based on data compiled by
| Bloomberg.
| ...
<https://www.bloomberg.com/news/articles/2025-02-21/us-consumer-sentim
e
drops-as-long-run-inflation-views-rise>
--bks
Fools can only follow a path you show. Look for the total and real
truth of the matter to see what is and the path to fix it.
https://www.whitehouse.gov/articles/2025/02/at-usaid-waste-and-abuse-runs -deep/
For decades, the United States Agency for International Development
(USAID) has been unaccountable to taxpayers as it funnels massive sums
of money to the ridiculous — and, in many cases, malicious — pet
projects of entrenched bureaucrats, with next-to-no oversight.
Here are only a few examples of the WASTE and ABUSE:
$1.5 million to “advance diversity equity and inclusion in Serbia’s workplaces and business communities” $70,000 for production of a
“DEI musical” in Ireland $2.5 million for electric vehicles for
Vietnam $47,000 for a “transgender opera” in Colombia
$32,000 for a “transgender comic book” in Peru
$2 million for sex changes and “LGBT activism” in Guatemala
$6 million to fund tourism in Egypt
Hundreds of thousands of dollars for a non-profit linked to designated terrorist organizations — even AFTER an inspector general launched an investigation Millions to EcoHealth Alliance — which was involved in research at the Wuhan lab “Hundreds of thousands of meals that went to
al Qaeda-affiliated fighters in Syria” Funding to print
“personalized” contraceptives birth control devices in developing countries Hundreds of millions of dollars to fund “irrigation canals, farming equipment, and even fertilizer used to support the unprecedented poppy cultivation and heroin production in Afghanistan,” benefiting
the Taliban The list literally goes on and on — and it has all been happening for decades.
Under President Trump, the waste, fraud, and abuse ENDS NOW.
|
| US consumers' expectations for long-term inflation rose to
| the highest rate in three decades on concerns President
| Donald Trump's tariffs will translate into higher prices.
|
| Consumers expect prices will climb at an annual rate of
| 3.5% over the next five to 10 years, according to the final
| February reading from the University of Michigan. The rate
| is the highest since 1995, based on data compiled by
| Bloomberg.
| ...
<https://www.bloomberg.com/news/articles/2025-02-21/us-consumer-sentiment-drops-as-long-run-inflation-views-rise>
--bks
I fully support Trump and have been very happy with his second term
being well thought out with a great team to actually get much more
done this time.
David LaRue <[email protected]> wrote in >news:[email protected]:
I fully support Trump and have been very happy with his second term
being well thought out with a great team to actually get much more
done this time.
How is that "I will lower prices on Day One"
thing working out?
David LaRue <[email protected]> wrote in >>news:[email protected]:
I fully support Trump and have been very happy with his second term
being well thought out with a great team to actually get much more
done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>news:[email protected]:
I fully support Trump and have been very happy with his second term
being well thought out with a great team to actually get much more
done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>news:[email protected]:
I fully support Trump and have been very happy with his second
term being well thought out with a great team to actually get much
more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
You just cannot come up with anything but foolish attacks on Trump.
In 30 days, he's accomplished more than the previous administration
did in 4 years unless you consider destroying the country an
accomplishment in which case the previous administration set the bar
for that one which is why Trump has his hands full undoing the damage.
I still cannot figure out why the democrats are so opposed to cutting government spending, waste fraud and corruption.
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>>news:[email protected]:
I fully support Trump and have been very happy with his second
term being well thought out with a great team to actually get much >>>>>> more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
You just cannot come up with anything but foolish attacks on Trump.
If you won't hold Trump
accountable for what he promises
who will?
In 30 days, he's accomplished more than the previous administration
did in 4 years unless you consider destroying the country an
accomplishment in which case the previous administration set the bar
for that one which is why Trump has his hands full undoing the damage.
I still cannot figure out why the democrats are so opposed to cutting
government spending, waste fraud and corruption.
Bud Light gives Trump money, Trump reverse ban on it.
Tiktok gives Trump monwy, Trump reverses his own ban on them.
Musk gives money to Trump, gets a Trump appointment.
Bondi bails out Trump, gets a Trump appointment.
Eric Adams supports Trump, Trump drops all charges againt him.
And you dare to complain about corruption?
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
On Sat, 22 Feb 2025 19:59:31 +0000
Mitchell Holman <[email protected]> wrote:
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Cross-linked food and energy costs will obviously take time.
https://www.newsweek.com/trump-walks-back-grocery-prices-promise-hard-b ring-things-down-1999876s at a reasonable price
In a new interview published by Time magazine Thursday, Trump said
that one of the biggest things Democrats and his opponent, Vice
President Kamala Harris, didn't understand about the American people
is that "they want to be able to buy grocerie
and not have to turn off their heat in order to buy two apples."
But when asked if he'd be able to bring grocery costs down once in
office, Trump admitted that while he was optimistic, "It's hard to
bring things down once they're up. You know, it's very hard."
Although Trump said it would be hard to bring down those prices, he
told Time that he believes they would fall as a result of his energy
and supply chain policies.
Trump, who was named Time's "Person of the Year" on Thursday, also
disputed that his plans for mass deportation would drive up the costs
of groceries, telling the magazine that he would still let people
across the border, which would counter the elimination of migrant
workers from the agricultural sector.
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>>>news:[email protected]:
I fully support Trump and have been very happy with his second
term being well thought out with a great team to actually get
much more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
Wrong.
Unlike you Hollow, I'm smart enough to realize that NOBODY can
accomplish lower prices and inflation in a single day.
Trump meant he would begin working towards that, which he has..
Hint:drill baby drill. Cutting overregulation etc.
You just cannot come up with anything but foolish attacks on Trump.
If you won't hold Trump
accountable for what he promises
who will?
I suggest you take a look at Trump's first 30 days, yes 30 days, and
see how many of his promises he has begun to fulfill.
And BTW, he started this the day he was elected in November 2024
unlike the previous administration who slept most of the days away.
In 30 days, he's accomplished more than the previous administration
did in 4 years unless you consider destroying the country an
accomplishment in which case the previous administration set the bar
for that one which is why Trump has his hands full undoing the
damage. I still cannot figure out why the democrats are so opposed
to cutting government spending, waste fraud and corruption.
Bud Light gives Trump money, Trump reverse ban on it.
Trump didn't reverse anything.
He suggested giving the brand a second chance so they can begin to
recover from the mess they created.
Tiktok gives Trump monwy, Trump reverses his own ban on them.
There are pluses and minuses to regulating/cancelling TikTok.
Like SMB who use it to promote their product.
Musk gives money to Trump, gets a Trump appointment.
Lol !
Trump sure got his money worth this time.
Bondi bails out Trump, gets a Trump appointment.
And she is doing a fantastic job so far.
Eric Adams supports Trump, Trump drops all charges againt him.
Eric Adams was attacked for one reason and one reason only and that
was crossing Joe Biden.
I don't like Adams but the truth is the truth and the case is full of
holes.
And you dare to complain about corruption?
Corruption?
Joe Biden is thy name.
If you took Trump's comment about inflation/prices being lowered on day one literally
then you are one massive idiot Hollow.
On Sat, 22 Feb 2025 16:15:09 +0000, Mitchell Holman wrote:
David LaRue <[email protected]> wrote
I fully support Trump and have been very happy with his second term
being well thought out with a great team to actually get much more
done this time.
How is that "I will lower prices on Day One"
thing working out?
"When I win, I will immediately bring prices down,
starting on Day One,"
Trump, Aug 2024
https://tinyurl.com/53npwswb
In January Kroger 18 pack eggs were 4.99. Two weeks ago, Kroger sold 18
pack eggs for 6.29. This week they're 8.49.
Milk is up, bread is up, I want my MTV ...
They are steady or down slighly here. Of course our area has its own
local sources and don't really depend on the Califonia or other affected areas.
If you are bothered by just one issue that was promised perhaps you need
to look at other places to shop. Kroger is a delivery service here, not
even a store front. Chickens are allowed here so many have their own
source for eggs. Talk to your local farmers. Cut out the final stores
that make big markups.
Mercy-a-lago <[email protected]> wrote in news:20250222132335.30aa39d6@z-z:
On Sat, 22 Feb 2025 19:59:31 +0000
Mitchell Holman <[email protected]> wrote:
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Cross-linked food and energy costs will obviously take time.
So Trump lied when he said "on Day One"
"When I win, I will immediately bring prices down,
starting on Day One,"
Trump, Aug 2024
s at a reasonable price
https://www.newsweek.com/trump-walks-back-grocery-prices-promise-hard-b
ring-things-down-1999876
In a new interview published by Time magazine Thursday, Trump said
that one of the biggest things Democrats and his opponent, Vice
President Kamala Harris, didn't understand about the American people
is that "they want to be able to buy grocerie
and not have to turn off their heat in order to buy two apples."
But when asked if he'd be able to bring grocery costs down once in
office, Trump admitted that while he was optimistic, "It's hard to
bring things down once they're up. You know, it's very hard."
Although Trump said it would be hard to bring down those prices, he
told Time that he believes they would fall as a result of his energy
and supply chain policies.
Trump, who was named Time's "Person of the Year" on Thursday, also
disputed that his plans for mass deportation would drive up the costs
of groceries, telling the magazine that he would still let people
across the border, which would counter the elimination of migrant
workers from the agricultural sector.
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>>>news:[email protected]:
I fully support Trump and have been very happy with his second
term being well thought out with a great team to actually get much >>>>>>> more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
Wrong.
Unlike you Hollow, I'm smart enough to realize that NOBODY can accomplish lower prices and
inflation in a single day.
Trump meant he would begin working towards that, which he has.. Hint:drill baby drill. Cutting overregulation etc.
You just cannot come up with anything but foolish attacks on Trump.
If you won't hold Trump
accountable for what he promises
who will?
I suggest you take a look at Trump's first 30 days, yes 30 days, and see how many of his
promises he has begun to fulfill.
And BTW, he started this the day he was elected in November 2024 unlike the previous
administration who slept most of the days away.
In 30 days, he's accomplished more than the previous administration
did in 4 years unless you consider destroying the country an
accomplishment in which case the previous administration set the bar
for that one which is why Trump has his hands full undoing the damage.
I still cannot figure out why the democrats are so opposed to cutting
government spending, waste fraud and corruption.
Bud Light gives Trump money, Trump reverse ban on it.
Trump didn't reverse anything.
He suggested giving the brand a second chance so they can begin to
recover from the mess they created.
Tiktok gives Trump monwy, Trump reverses his own ban on them.
There are pluses and minuses to regulating/cancelling TikTok.
Like SMB who use it to promote their product.
Musk gives money to Trump, gets a Trump appointment.
Lol !
Trump sure got his money worth this time.
Musk is uncovering the swamp creatures by the dozens which is
why you libbys are running scared.
Bondi bails out Trump, gets a Trump appointment.
And she is doing a fantastic job so far.
Far better than the idiots excercising lawfare against Trump and others.
Eric Adams supports Trump, Trump drops all charges againt him.
Eric Adams was attacked for one reason and one reason only and that was >crossing Joe Biden.
I don't like Adams but the truth is the truth and the case is full of holes.
And you dare to complain about corruption?
Corruption?
Joe Biden is thy name.
Nobody is even close.
See Ukraine quid pro quo for examples.
There are many more.
It just kills you that Trump is draining the swamp and cancelling all of the >left wing, whacko programs wasting money and enriching politicians.
Better get used to it Hollow because this is just the beginning.
Mitchell Holman wrote:
Mercy-a-lago <[email protected]> wrote in news:20250222132335.30aa39d6@z-z:
On Sat, 22 Feb 2025 19:59:31 +0000
Mitchell Holman <[email protected]> wrote:
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Cross-linked food and energy costs will obviously take time.
So Trump lied when he said "on Day One"
"My fellow Americans, I close the day where I began, with a sacred oath before God and all of you. I give you my word, I will always level with
you. I will defend the Constitution. I'll defend our democracy. I'll
defend America. And I'll give all, all of you, keep everything I do in
your service, thinking not of power but of possibilities, not of
personal injuries but the public good."
Does the above quote sound familiar?? You seem to have a severe case of
TDS.
On Sat, 22 Feb 2025 20:16:57 -0000 (UTC), pothead
<[email protected]> wrote:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>>>>news:[email protected]:
I fully support Trump and have been very happy with his second >>>>>>>> term being well thought out with a great team to actually get much >>>>>>>> more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered on
day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
Wrong.
Unlike you Hollow, I'm smart enough to realize that NOBODY can accomplish lower prices and
inflation in a single day.
Trump meant he would begin working towards that, which he has.. Hint:drill baby drill. Cutting overregulation etc.
Mitchie has turned into a zero content poster. He responds with
absolute nonsense claims. After you correct him, he just repeats it.
You just cannot come up with anything but foolish attacks on Trump.
If you won't hold Trump
accountable for what he promises
who will?
I suggest you take a look at Trump's first 30 days, yes 30 days, and see how many of his
promises he has begun to fulfill.
And BTW, he started this the day he was elected in November 2024 unlike the previous
administration who slept most of the days away.
He won't because his TDS is past the terminal stage.
In 30 days, he's accomplished more than the previous administration
did in 4 years unless you consider destroying the country an
accomplishment in which case the previous administration set the bar
for that one which is why Trump has his hands full undoing the damage. >>>> I still cannot figure out why the democrats are so opposed to cutting
government spending, waste fraud and corruption.
Bud Light gives Trump money, Trump reverse ban on it.
Trump didn't reverse anything.
He suggested giving the brand a second chance so they can begin to
recover from the mess they created.
And to think Mitchie cares which brands of beer Trump might suggest
people buy.
Tiktok gives Trump monwy, Trump reverses his own ban on them.
There are pluses and minuses to regulating/cancelling TikTok.
Like SMB who use it to promote their product.
Musk gives money to Trump, gets a Trump appointment.
Lol !
Trump sure got his money worth this time.
Musk is uncovering the swamp creatures by the dozens which is
why you libbys are running scared.
Musk is doing an unpaid job and Mitchie whines.
Bondi bails out Trump, gets a Trump appointment.
And she is doing a fantastic job so far.
Far better than the idiots exercising lawfare against Trump and others.
Bondi is perhaps one of the most qualified people for the job in a
very long time.
Eric Adams supports Trump, Trump drops all charges againt him.
Eric Adams was attacked for one reason and one reason only and that was >>crossing Joe Biden.
I don't like Adams but the truth is the truth and the case is full of holes.
And Mitchie approves of lawfare.
And you dare to complain about corruption?
Corruption?
Joe Biden is thy name.
Nobody is even close.
See Ukraine quid pro quo for examples.
There are many more.
It just kills you that Trump is draining the swamp and cancelling all of the >>left wing, whacko programs wasting money and enriching politicians.
Better get used to it Hollow because this is just the beginning.
Nothing as sweet as liberal tears.
Laughter.
On 2025-02-23, Ken <[email protected]> wrote:
Mitchell Holman wrote:
Mercy-a-lago <[email protected]> wrote in
news:20250222132335.30aa39d6@z-z:
On Sat, 22 Feb 2025 19:59:31 +0000
Mitchell Holman <[email protected]> wrote:
If you took Trump's comment about inflation/prices being lowered
on day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Cross-linked food and energy costs will obviously take time.
So Trump lied when he said "on Day One"
"My fellow Americans, I close the day where I began, with a sacred
oath before God and all of you. I give you my word, I will always
level with you. I will defend the Constitution. I'll defend our
democracy. I'll defend America. And I'll give all, all of you, keep
everything I do in your service, thinking not of power but of
possibilities, not of personal injuries but the public good."
Does the above quote sound familiar?? You seem to have a severe case
of TDS.
Hollow is one of our more severe examples of TDS.
On 2025-02-23, NoBody <[email protected]> wrote:
On Sat, 22 Feb 2025 20:16:57 -0000 (UTC), pothead
<[email protected]> wrote:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]:
David LaRue <[email protected]> wrote in >>>>>>>>news:[email protected]:
I fully support Trump and have been very happy with his second >>>>>>>>> term being well thought out with a great team to actually get >>>>>>>>> much more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered
on day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
Wrong.
Unlike you Hollow, I'm smart enough to realize that NOBODY can
accomplish lower prices and inflation in a single day.
Trump meant he would begin working towards that, which he has.. >>>Hint:drill baby drill. Cutting overregulation etc.
Mitchie has turned into a zero content poster. He responds with
absolute nonsense claims. After you correct him, he just repeats it.
He seems to be quite like that Internet troll snit.
Both are extreme liberals who recycle the same stale material.
pothead <[email protected]> wrote in
news:vpfett$hs0c$[email protected]:
On 2025-02-23, NoBody <[email protected]> wrote:
On Sat, 22 Feb 2025 20:16:57 -0000 (UTC), pothead >>><[email protected]> wrote:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
pothead <[email protected]> wrote in
news:vpd0k2$20s3$[email protected]:
On 2025-02-22, Mitchell Holman <[email protected]> wrote:
Goober <[email protected]> wrote in news:[email protected]: >>>>>>>
David LaRue <[email protected]> wrote in >>>>>>>>>news:[email protected]:
I fully support Trump and have been very happy with his second >>>>>>>>>> term being well thought out with a great team to actually get >>>>>>>>>> much more done this time.
How is that "I will lower prices on Day One"
thing working out?
This is Obama's fault.
Everything is Obama's fault.
If you took Trump's comment about inflation/prices being lowered
on day one literally then you are one massive idiot Hollow.
Trump said it.
You fell for it.
Case closed.
Wrong.
Unlike you Hollow, I'm smart enough to realize that NOBODY can >>>>accomplish lower prices and inflation in a single day.
Trump meant he would begin working towards that, which he has.. >>>>Hint:drill baby drill. Cutting overregulation etc.
Mitchie has turned into a zero content poster. He responds with
absolute nonsense claims. After you correct him, he just repeats it.
He seems to be quite like that Internet troll snit.
Both are extreme liberals who recycle the same stale material.
Indeed.
And by "stale material" they mean the
embarrassing promises Trump made.
"Lower prices on Day One"
Opps, they don't want to talk about that.
"End the Ukraine war on Day One"
Opps, they don't want to talk about that.
"Matt Gaetz will make a fine Atty General"
Opps, they don't want to talk about that.
"$100 million in condoms to Hamas"
Opps, they don't want to talk about that.
"Reduce gas prices immediately!
Opps, they don't want to talk about that.
"Protect American jobs"
Opps, they don't want to talk about that.
"Protect Medicare!"
Opps, they don't want to talk about that.
| US Consumer Confidence Dropped Sharply in February
|
| Chaos Is Bad for Business
| Ignorance, megalomania and the economic future
| ...
<https://paulkrugman.substack.com/p/surprise-chaos-is-bad-for-business>
| ...
| CEO optimism is fading as Trump pushes ahead with trade
| restrictions, while business-friendly deregulation has yet
| to materialize. US consumer confidence in January recorded
| its biggest one-month decline since November 2023. The US
| stock market, long Trump's preferred proxy for economic
| might, is lower than it was before his inauguration,
| trailing major indexes in Europe, China, Mexico, and Canada
| -- all targets of the president's planned tariffs.
| ...
<https://www.semafor.com/article/02/27/2025/american-business-leaders-are-turning-on-trump-fast>
--bks
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
|
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
| ...
<https://thehill.com/business/5169308-atlanta-fed-gdp-contraction/>
--bks
On Fri, 28 Feb 2025 12:46:40 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| US Consumer Confidence Dropped Sharply in February
|
| Chaos Is Bad for Business
| Ignorance, megalomania and the economic future
| ... >><https://paulkrugman.substack.com/p/surprise-chaos-is-bad-for-business>
Krugman has never been right in his entire life.
| ...
| CEO optimism is fading as Trump pushes ahead with trade
| restrictions, while business-friendly deregulation has yet
| to materialize. US consumer confidence in January recorded
| its biggest one-month decline since November 2023. The US
| stock market, long Trump's preferred proxy for economic
| might, is lower than it was before his inauguration,
| trailing major indexes in Europe, China, Mexico, and Canada
| -- all targets of the president's planned tariffs.
| ... >><https://www.semafor.com/article/02/27/2025/american-business-leaders-are-turning-on-trump-fast>
--bks
Oddly you left this part out:
"It�s still early days � somehow just No. 38 of this administration �
and as El-Khoury told us, many key roles in the executive branch
remain unfilled. Presidents tend to lead with their most ideological
picks and get more technocratic as they go down the chain, so there�s
plenty of time for corporate lobbying to make its mark.
�President Trump will decide what he wants to call off and what he
doesn�t, but he wants everybody at the table,� National Economic
Council Director Kevin Hassett told CNBC earlier this month, saying
the administration�s moves were more about creating �leverage� than
setting any single policy in stone.
And for all their corporate complications � Goldman Sachs economists
estimate that every 5 percentage point increase in tariffs will reduce
S&P 500 earnings by 1 to 2% � trade rebalancing has its beneficiaries,
too. �It�s a very exciting time for us,� the chief executive of JSW
Steel told Fox News last week. Foreign companies including Nissan and >Mercedes Benz have said they may move more production to the US to be
closer to customers. "
Laughter
On Sat, 1 Mar 2025 14:14:57 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
|
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
| ...
<https://thehill.com/business/5169308-atlanta-fed-gdp-contraction/>
--bks
Which is exactly what I predicted as the signs were there in the
second half of last year. You dismissed it of course.
You can thank Joe's inflation for that.
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| ...
<https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpc ession-warning-mcgeever-2025-03-03/>
--bks
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| ...
<https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpcession-warning-mcgeever-2025-03-03/>
--bks
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
|| The Atlanta Federal Reserve is projecting a contraction of| US Consumer Confidence Dropped Sharply in February| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| ... <https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpcession-warning-mcgeever-2025-03-03/>
[email protected] (Bradley K. Sherman) wrote in news:vq6vv3$otu$[email protected]:
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| ...
<https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpcession-warning-mcgeever-2025-03-03/>
Rank that up there with "Trigon"
Republican senator tells DOGE to slash two sides off the Pentagon and make it a 'Trigon' to save money
Mar 2
During an interview with Fox News on whether the Trump administration's DOGE should cut the defense budget, Senator Tommy Tuberville says that the Pentagon should be made into a "Trigon."
https://www.dailymail.co.uk/video/news/video-3382797/Sen-Tuberville-tells-Fox-News-Pentagon-Trigon.html
Seriously, where does the GOP
find these people?
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| Target said Tuesday that consumer confidence is declining,
| and it warned about the impact of tariffs. It's the latest
| in a series of red flags about the health of US shoppers
| and the economy.
| ...
<https://www.cnn.com/2025/03/04/business/target-earnings/index.html>
GDP is *not* shrinking. The GDP *growth rate* is falling, but for now is still positive. The Atlanta Fed *forecasts* that GDP growth rate will soon turn negative.| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
On Tue, 4 Mar 2025 13:41:55 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
| ...
<https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpcession-warning-mcgeever-2025-03-03/>
--bks
Oh look the media is trying another false narrative
On 3/4/2025 5:41 AM, Bradley K. Sherman wrote:
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
GDP is *not* shrinking. The GDP *growth rate* is falling, but for now is still positive. The Atlanta Fed *forecasts* that GDP growth rate will
soon turn negative.
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
|
| Target said Tuesday that consumer confidence is declining,
| and it warned about the impact of tariffs. It's the latest
| in a series of red flags about the health of US shoppers
| and the economy.
| ...
<https://www.cnn.com/2025/03/04/business/target-earnings/index.html>
--bks
On Tue, 4 Mar 2025 15:13:22 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
|
| Target said Tuesday that consumer confidence is declining,
| and it warned about the impact of tariffs. It's the latest
| in a series of red flags about the health of US shoppers
| and the economy.
| ...
<https://www.cnn.com/2025/03/04/business/target-earnings/index.html>
--bks
Interesting that they couldn't be bothered to mention any sales before January.
How convenient...
On Tue, 4 Mar 2025 10:16:48 -0800, J Carlson <[email protected]> wrote:
On 3/4/2025 5:41 AM, Bradley K. Sherman wrote:
| US Consumer Confidence Dropped Sharply in February
| Chaos Is Bad for Business
| CEO optimism is fading as Trump pushes ahead with trade
| The Atlanta Federal Reserve is projecting a contraction of
| the nation's gross domestic product (GDP) of 1.5 percent in
| the first quarter, flashing a warning sign for the U.S.
| economy.
|
| "Trumpcession".
|
| If you haven't heard the term before, you will now, as a
| closely watched real-time U.S. economic weathervane is
| signalling that GDP is shrinking at the fastest pace since
| the pandemic lockdown.
GDP is *not* shrinking. The GDP *growth rate* is falling, but for now is still
positive. The Atlanta Fed *forecasts* that GDP growth rate will soon turn negative.
Agreed. It's a forecast and the Atlanta Fed is an outlier. Still, it's easy to
see folks holding onto cash because of the uncertainty built into the Trump economy.
|
| Consumer Angst Is Striking All Income Levels
|
| Signs of weakness are showing up in spending on everything
| from basics to luxuries
| ...
<https://www.wsj.com/economy/consumers/consumer-angst-is-striking-all-income-levels-ab32d5d5>
--bks
| Consumer Angst Is Striking All Income Levels
| Consumer Angst Is Striking All Income Levels
|
| US consumer sentiment deteriorates sharply in March
| ...
<https://www.reuters.com/markets/us/us-consumer-sentiment-deteriorates-sharply-march-2025-03-14/>
--bks
On Thu, 13 Mar 2025 14:21:01 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
|
| Consumer Angst Is Striking All Income Levels
|
| Signs of weakness are showing up in spending on everything
| from basics to luxuries
| ... >><https://www.wsj.com/economy/consumers/consumer-angst-is-striking-all-income-levels-ab32d5d5>
--bks
From the tiny bit that appeared on your link before the paywall:
" Walmart Chief Executive Doug McMillon said �budget-pressured�
customers are showing stressed behaviors: They are buying smaller pack
sizes at the end of the month because their �money runs out before the
month is gone.� "
Those prices are a result of Biden inflation - unless you can show
massive price increases in the last month.
On Fri, 14 Mar 2025 14:52:49 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| Consumer Angst Is Striking All Income Levels
|
| US consumer sentiment deteriorates sharply in March
| ...
<https://www.reuters.com/markets/us/us-consumer-sentiment-deteriorates-sharply-march-2025-03-14/>
--bks
No link to their poll
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| ...
| Weak consumer spending figures are adding to concerns that
| the US economy is slowing, and perhaps heading into a
| recession. Monday's retail report didn't ease those fears.
| ... <https://www.cnn.com/2025/03/17/economy/us-retail-sales-february/index.html>
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
|
| While much of MAGA is motivated by hatred of an open
| society -- by racism, misogyny and the desire to end all
| things woke -- the swing voters who put Donald Trump over
| the top thought they were supporting a great manager who
| would fix the economy, reducing grocery prices and
| restoring good jobs. It was inevitable that they would
| eventually feel buyers' remorse, because Trump never had
| plans to deliver on his economic promises; on the contrary,
| almost everything he's trying to do will make the economy
| worse.
|
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| [Graphic from U.Mich at URL]
| ...
<https://paulkrugman.substack.com/p/the-stages-of-trumpist-economic-gri
--bks
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
|
| While much of MAGA is motivated by hatred of an open
| society -- by racism, misogyny and the desire to end all
| things woke -- the swing voters who put Donald Trump over
| the top thought they were supporting a great manager who
| would fix the economy, reducing grocery prices and
| restoring good jobs. It was inevitable that they would
| eventually feel buyers' remorse, because Trump never had
| plans to deliver on his economic promises; on the contrary,
| almost everything he's trying to do will make the economy
| worse.
|
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| [Graphic from U.Mich at URL]
| ...
<https://paulkrugman.substack.com/p/the-stages-of-trumpist-economic-grief>
--bks
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| ...
| The share of consumers who expect unemployment to rise over
| the next year surged to 66% in March, the highest level in
| a decade, per University of Michigan data analyzed by Bank
| of America Institute.
| ...
<https://www.axios.com/2025/03/21/jobs-labor-market-unemployment>
--bks
| Consumer Angst Is Striking All Income Levels
| US consumer sentiment deteriorates sharply in March
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
|
| Consumer sentiment sinks, approaching three-year low with
| inflation worries highest since 1981
| ...
<https://www.marketwatch.com/story/consumer-sentiment-falls-for-fourth-straight-month-as-inflation-expectations-soar-dbf722fe>
--bks
I missed your post about this:
"Consumer price inflation eased more than expected in March as
President Donald Trump prepared to launch tariffs against U.S. trading partners, the Bureau of Labor Statistics reported Thursday.
The consumer price index, a broad measure of goods and services costs
across the U.S. economy, fell a seasonally adjusted 0.1% in March,
putting the 12-month inflation rate at 2.4%, down from 2.8% in
February.
Excluding food and energy, so-called core inflation ran at a 2.8%
annual rate, having increased 0.1% for the month. That was the lowest
rate for core inflation since March 2021.
On 12/4/25 7:38, NoBody wrote:
I missed your post about this:
"Consumer price inflation eased more than expected in March as
President Donald Trump prepared to launch tariffs against U.S. trading
partners, the Bureau of Labor Statistics reported Thursday.
The consumer price index, a broad measure of goods and services costs
across the U.S. economy, fell a seasonally adjusted 0.1% in March,
putting the 12-month inflation rate at 2.4%, down from 2.8% in
February.
Excluding food and energy, so-called core inflation ran at a 2.8%
annual rate, having increased 0.1% for the month. That was the lowest
rate for core inflation since March 2021.
Now we can trust government statistics.
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
| Consumer sentiment sinks, approaching three-year low with
| inflation worries highest since 1981
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
| Consumer sentiment sinks, approaching three-year low with
| inflation worries highest since 1981
|
| The CFPB Has Been Gutted
|
| The Consumer Financial Protection Bureau terminated the
| positions of 1,400 of the agency's 1,700 employees; medical
| debt and student loans will now be deprioritized.
| ...
<https://www.wired.com/story/cfpb-has-been-gutted/>
--bks
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
| Consumer sentiment sinks, approaching three-year low with
| inflation worries highest since 1981
|
| The CFPB Has Been Gutted
|
| The Consumer Financial Protection Bureau terminated the
| positions of 1,400 of the agency's 1,700 employees; medical
| debt and student loans will now be deprioritized.
| ...
<https://www.wired.com/story/cfpb-has-been-gutted/>
--bks
On Sat, 19 Apr 2025 14:39:43 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| Even so, it's stunning just how quickly consumer confidence
| has fallen off a cliff:
| Consumers' Mood Sours in March With Gloomier Economic
| Outlook
| Consumer sentiment sinks, approaching three-year low with
| inflation worries highest since 1981
|
| The CFPB Has Been Gutted
|
| The Consumer Financial Protection Bureau terminated the
| positions of 1,400 of the agency's 1,700 employees; medical
| debt and student loans will now be deprioritized.
| ...
<https://www.wired.com/story/cfpb-has-been-gutted/>
--bks
In other words, students will have to pay their bills.
Win-win!
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