Re: Grocery Prices

On Wed, 14 May 2025 23:25:51 +0000, Bruce wrote:

On Wed, 14 May 2025 19:10:57 -0400, Ed P <esp@snet.n> wrote:
>

On 5/14/2025 5:48 PM, Cindy Hamilton wrote:

On 2025-05-14, Ed P <esp@snet.n> wrote:

As expected, the future is not good.
>
https://www.msn.com/en-us/money/personalfinance/fact-check-are-grocery-prices-really-down-under-trump/ar-AA1EMyWk?

>

I've seen an analysis that says prices (not specifically food prices)
are coming down because demand is softening because of uncertainty
due to the on-again, off-again tariffs.  They're worried they'll
get laid off.

>
The next six months may be interesting.  The only things I bought ahead
was some amaretto and maple syrup that will be subject to tariffs.  The
big hurt will be cars and appliances if you need them.  I just don't buy
a lot of "stuff" so won't get hit too hard.

>
Isn't the Orange Moron, in his immeasurable wisdom, going to exempt
certain things, such as cars? I guess nobody knows for sure, not even
the OM himself.

Tariffs are mostly a tool to protect a country's industry. America's
automobile industry certainly does need protection. A 50 to 100 percent
or more tariff on Chinese automobiles would make a lot of sense and
would give our automobile industry a chance to step up to the plate.
Trump's tariff on the whole world is mostly because his daddy didn't
validate him as a person when he was a little boy. There's probably a
lot of mommies/daddies like that in the world but in this case, it all
went so horribly bad.
https://www.youtube.com/watch?v=Epgo8ixX6Wo