A lot of things happen with the economy, good and bad, that are largely beyond a president's control. But Trump, with his illegal tariffs and ill-advised war, is directly responsible for soaring prices on a shit-ton of products.
His tariffs and the war (which resulted in the closure of the Strait and the US's inability to quickly reopen it) are two of the biggest fuck-ups in modern presidential history.
"Persistent energy costs could be reminiscent of the pandemic, when global supply chain disruptions following the onset of Covid-19 contributed to a rapid rise in inflation."
The printing of a crap ton of money caused the rapid rise in inflation. Inflation isn't going back to 9% without a massive print again. And 99% of supply side shocks don't cause inflation. It's a short term increase in prices, which will lead to a glut eventually and price decrease. Usually, back to lower price levels if there hasn't been a large increase in money supply. Eggs is a good example of it just happening. When the war is over there will be an oil glut and you will see the price of oil tumble.
A lot of things happen with the economy, good and bad, that are largely beyond a president's control. But Trump, with his illegal tariffs and ill-advised war, is directly responsible for soaring prices on a shit-ton of products.
His tariffs and the war (which resulted in the closure of the Strait and the US's inability to quickly reopen it) are two of the biggest fuck-ups in modern presidential history.
"Persistent energy costs could be reminiscent of the pandemic, when global supply chain disruptions following the onset of Covid-19 contributed to a rapid rise in inflation."
The printing of a crap ton of money caused the rapid rise in inflation. Inflation isn't going back to 9% without a massive print again. And 99% of supply side shocks don't cause inflation. It's a short term increase in prices, which will lead to a glut eventually and price decrease. Usually, back to lower price levels if there hasn't been a large increase in money supply. Eggs is a good example of it just happening. When the war is over there will be an oil glut and you will see the price of oil tumble.
Trump's tariffs have been a disaster.
Tariff Tracker: 2026 Trump Tariffs & Trade War by the Numbers
The Impact of Tariffs on American Businesses | U.S. Chamber of Commerce
Unless you've got credible sources to refute Moodys, The Tax Foundation, etc., who support my statement, you should move on to another topic. No offense, but I don't care about your personal opinion or predictions.
@big-ryan I was just educating you on how it works. You should say thank you next time.
The tariffs represent tradeoffs. Ironically, most of the tradeoffs would be things that Dems would favor if done by one of their own, and would be rejected by Republicans if enacted by the opposition. Yet another way in which Trump's personality has turned the world upside down:
On the impact of Trump’s tariffs
In 2025, the U.S. raised average tariff duties from 2.4% to 9.6%, bringing protectionism to its highest level in eighty years. We explore the structure of these tariffs, estimate their short-run impacts, and summarize the growing literature on their effects. Across trade partners, the tariffs are correlated with trade deficits but not with geopolitical or strategic industrial goals, other than targeting China. In our baseline estimate, 90% of the tariffs are passed through to tariff-inclusive prices paid by U.S. importers. Incorporating the estimated price and trade responses into a static trade framework, we find an overall welfare impact ranging from a loss of 0.13% of GDP to a gain of 0.10%. These small net welfare impacts reflect sizable consumption losses roughly offset by income and revenue gains, with their sign hinging on whether U.S. terms-of-trade adjusted (on which the data are inconclusive). Among their stated rationales, the tariffs have been effective at raising federal revenue and diverting trade from China. However, it remains uncertain whether they will reduce the trade deficit, lower prices set by foreign exporters, promote manufacturing jobs, increase “friend-shoring” among aligned countries, or reshore key sectors; evidence from 2018-19 and 2025 indicators suggests a narrow path towards achieving these goals.
That is from
The biggest cost of the tariffs is that the government has found a new revenue source, and the Democrats will institutionalize this.
This thread was closed but i'll offer one overtime response to the above. i would argue the biggest cost of tariffs falls on small businesses. tariff is a word that trump either doesn't understand or is disingenuous about as he shows his charts acting/pretending to hammer foreign countries. tariff is an import tax on american businesses. a tax that falls disproportionately in pain upon small businesses as it increases operational costs, shrinks profits, and makes a mess out of supply chains
"Trump’s Maga base may still believe the president is playing smart four-dimensional chess. But in reality his war has only strengthened China’s position on the board."
Trump’s war has given China an economic opening
"Trump’s Maga base may still believe the president is playing smart four-dimensional chess. But in reality his war has only strengthened China’s position on the board."
The issue is going to be when Trump accepts the trillion dollar investment from Xi.
Credit card debt is soaring (and debt delinquencies are rising) as Americans struggle with high prices.
Credit Card Debt Hit $1.28 Trillion as Americans Save Less Despite Higher Incomes
Consumers Lean on a ‘Hamster Wheel’ of Credit to Manage Rising Costs - The New York Times
Remember Arby's 5 for $5? Now they're doing 4 for $10... and it feels like a bargain.
Fed inflation estimate for April 3.7% possibly 3.9-4% for May
PCE for March 3.5%
Core PCE for March 3.2% (no food/energy)
Core to remain high through 2nd quarter.
@larsiu and fed ex is now sending tariff bills to my customers. That’s real neat
Yup. My wife's company has a couple of offices overseas. The company gave out some swag a couple of months ago including some coffee mugs with the company logo and also a nice backpack. Arrived by Fedex back in January.
Couple of weeks ago we got a notice in the mail that we needed to pay $12 in fees for tariffs because the backpacks came from Czechia or something. We were reluctant at first because it looked like some kind of fishing scam. It was legit though. FedEx was coming after their $12. The wife ended up getting her company to reimburse her, but it's still kinda a jerk move.