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I can’t afford this Trump economy

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str8line said:

Trump Calls Groceries an 'Old-Fashioned' Word During Tariff Speech: 'It Sort of Says a Bag with Different Things in It'​

Story by Rachel Raposas
• 19h•
2 min read
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The president mused about the meaning of the word "groceries" while taking credit for low prices, though experts are warning of an uptick in day-to-day costs

During his April 2 "Liberation Day" speech in the White House Rose Garden, the president announced sweeping new tariffs on goods around the globe, including those from longstanding U.S. allies.

As he wrapped up his discussion of the numbers, Trump zeroed in on the word "groceries" and provided his own definition.

“It’s such an old-fashioned term but a beautiful term: groceries," he mused. "It sort of says a bag with different things in it."

The president then claimed that he has alleviated the price of groceries, saying, "Groceries went through the roof and I campaigned on that. I talked about the word ‘groceries’ for a lot, and energy costs now are down. Groceries are down.”


At present, there is no evidence supporting his statement that grocery prices are improving. The USDA's Food Price Outlook, updated on March 25, reports that grocery costs are expected to rise slightly faster than the average rate of growth this year.
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You need the video of it. This is the dumbass some on this board worship:

View: https://bsky.app/profile/atrupar.com/post/3llub5svqod2o


We’re incinerating our economy and alliances for this moron…
 
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I can't wait until we get to the other side of this and everything goes as planned. Better trade with the world, lower deficit and inflation. You guys will say "it's all because of the great economy Biden left us".
 
The Thriller said:
You need the video of it. This is the dumbass some on this board worship:

View: https://bsky.app/profile/atrupar.com/post/3llub5svqod2o


We’re incinerating our economy and alliances for this moron…
Click to expand...

Well he hasn't set foot in an actual grocery store in decades. He has assistants that have assistants that have assistants who take care of that for him. So for him it is an old fashioned term. It is what his mother did when he was 6 and his father was building the wealth he would eventually inherit. So those are his only memories. I would be shocked to find out that he ever one time as an adult stood in line at a grocery store to actually hand a cashier a credit card and buy groceries. So yes, it is what the peasants used to say about their bag of different items, how quaint.

How ****ing out of touch. And yeah, he is here for the people, right? God that cult is powerful, isn't it?

What a ****ing psychopath.
 

I already knew that there was $50 dollars tacked on due to the trump tax but this delay information is new. Im worried that they are deciding to add more trump tax to the switch console because they are realizing that the trump tax is worse than initially thought.

Also, this morning on KSL 1160 radio, the female host of their morning show said that last week she went to a furniture store to buy a couch and found one she liked with a price tag on it and so she contacted a salesperson and told them she wanted to purchase the couch. When it came time to pay the salesperson told her that it would cost an additional $200 dollars. She asked why since it already had a displayed price on it and she was told that the $200 increase is due to tariffs. She said that the tariffs hadn't even been implemented yet so why the extra $200 (again, this took place last week pre-tariff)? Salesperson just responded by saying that its a new company policy to add the additional fee to cover tariffs.
 
I mean, this is Economics 101. Countries that tried to boost manufacturing by following import substitution policies (higher tariffs, non-tariff barriers) failed miserably. As industries were artificially supported by tariffs, competition and productivity declined, while consumption suffered due to higher prices. Markets stop to function properly, leading to dead weight loss (economic efficiency loss). What is expected = Recession + inflation. There are decades of experience and dozens of case studies.
 
latin jazz said:
I mean, this is Economics 101. Countries that tried to boost manufacturing by following import substitution policies (higher tariffs, non-tariff barriers) failed miserably. As industries were artificially supported by tariffs, competition and productivity declined, while consumption suffered due to higher prices. Markets stop to function properly, leading to dead weight loss (economic efficiency loss). What is expected = Recession + inflation. There are decades of experience and dozens of case studies.
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People can't be bothered to learn anything. And MAGA can't be bothered to stop their plan of a full American Dictatorship, so GTFO with that *****.
 
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