Quote:
Originally Posted by Paper1
Someone on this forum will have to explain to me how replacing foreign made goods with union made US products is going to tame inflation. Two weeks ago China was allowing us to purchase real goods and products with freshly printed US dollars that have nothing backing them up. Heavily criticized Walmart has kept more families in middle class than anything I’m aware except for those freshly printed dollars. The old saying comes to mind, “be careful what you ask for”. IMHO
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I agree. Let's not forget prices were to be lower day 1. Day 1 of what ? How long will it take to build a factory, hire, train, modify supply lines, etc. Now how does that compete with cheap labor ? Keep feeding us the smoke and mirror tricks. Eggs down 79%. Well that means they are still higher. So what is the strategy? Prices will dramatically increase fairly quickly then we announce some stop gap plan and inflation rate slows some over the short term chaosis that was just created. At the same time we start selectively removing the new tariffs that were just incorporated. There you go - success. Smoke em if you got em. I have a list of a dozen goods like grocery, gas, auto, etc all from local venders in our area on Jan 19 2025. I'll publish that list Jan 19 2026. Any bets - prices up or down.