Tariff Man and his tariff plan cause market plunges

HDGristle's Avatar
You left out some key context, as you usually do

WASHINGTON (AP) — At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that inflation had cooled unexpectedly in November.

But economists quickly warned that last month’s numbers were suspect because they’d been delayed and likely distorted by the 43-day federal shutdown. And most Americans have not felt any let up in the high prices they are paying for food, insurance, utilities and other basic necessities.

The Labor Department reported Thursday that its consumer price index rose 2.7% in November from a year earlier. Yet, year-over-year inflation remains well above the Federal Reserve’s 2% target. Americans, dismayed by high prices, handed big victories to Democrats in local and state elections last month.
Also, don't forget this

https://money.com/tariffs-inflation-impact/
lustylad's Avatar
You left out some key spin needed to make good news seem like bad news, as you usually do Originally Posted by HDGristle
FTFY, Gristle.
HDGristle's Avatar
There's nothing good about paying more thanks to tariffs when we could have .7 points less inflation.

Sit and spin on that as you see fit
bambino's Avatar
There's nothing good about paying more thanks to tariffs when we could have .7 points less inflation.

Sit and spin on that as you see fit Originally Posted by HDGristle
As usual, you have it ass backwards. I guess you prefer inflation over 10% with no tariffs like we had under Biden. You can assume your preferred position while trying to spin that.

HDGristle's Avatar
No, I'd prefer it be 2% or less. Which it would be if not for Tariffman.

Thank you for sharing though
lustylad's Avatar
There's nothing good about paying more thanks to tariffs when we could have .7 points less inflation. Originally Posted by HDGristle
No, I'd prefer it be 2% or less. Which it would be if not for Tariffman. Originally Posted by HDGristle

Oh, so now you're pretending to be a serious economist? Great!

Please link the study estimating the 12-month CPI increase last month would have been 2.0% (rather than 2.7%) but for new trump tariffs.
HDGristle's Avatar
lustylad's Avatar
Your "link" doesn't work, wanna try again? Copy the actual study, not your Google search.
HDGristle's Avatar
No, the link worked exactly as intended. Thanks, Lusty.

In other news, PA lumber and hardwood manufacturers are looking for a tsriff bailout after Tariffman's tantrums have exacerbated the decline in their foreign export markets.

https://www.pennlive.com/news/2025/1...a-bailout.html
HDGristle's Avatar
Server hung double
lustylad's Avatar
No, the link worked exactly as intended. Originally Posted by HDGristle
No, it doesn't work. There is no study to support your claim. You're a faux economist - and you lose again.
HDGristle's Avatar
No, it doesn't work. There is no study to support your claim. You're a faux economist - and you lose again. Originally Posted by lustylad
Works exactly as intended. Feel free to google at your leisure. Or don't...

You might find something that's right on the money you already overlooked
HDGristle's Avatar
I'm scratching my head trying to...REDACTED since Lusty deleted the rant Originally Posted by lustylad
I'm scratching my head trying to figure out why you take things so personally. If you had looked at 1351 instead of trying to fix it... or used Google... you would have seen the Money.com article about the NBER study, which you demanded despite already having, with links to the study and the referenced 0.7 impact.

Enjoy your day, my dude. Stay frosty.
lustylad's Avatar
...the Money.com article about the NBER study...referenced 0.7 impact. Originally Posted by HDGristle
That's all you needed to say the first time I asked, instead of playing your usual games.
HDGristle's Avatar
Thank you, HD. I was wrong Originally Posted by lustylad
You're welcome, Lusty. Enjoy your day