Trump inflation

[SectionC3]

Starting to heat up.  I thought he was going to fix this.  Pretty gloomy report from Amazon yesterday.  MAGA denizens, at the next MAGA meeting, please don't forget to bring this up.  Thank you for your attention to this matter.  

[Wolfgang]

34 minutes ago, SectionC3 said:

Starting to heat up.  I thought he was going to fix this.  Pretty gloomy report from Amazon yesterday.  MAGA denizens, at the next MAGA meeting, please don't forget to bring this up.  Thank you for your attention to this matter.  

 

 

 

 

[All_Pro_Bills]

58 minutes ago, SectionC3 said:

Starting to heat up.  I thought he was going to fix this.  Pretty gloomy report from Amazon yesterday.  MAGA denizens, at the next MAGA meeting, please don't forget to bring this up.  Thank you for your attention to this matter.  

What objective metrics or subjective observations are you citing to conclude inflation is "starting to heat up"? The June CPI reported the 12 month figure at 2.7%. The number for the month of June was .3%. 

 

The problem isn't inflation. The problem is there are several different factors that need to be balanced which lead to a conclusion that the consequences of doing what's needed to bring down inflation are judged to be greater than the benefits. Otherwise, there's just a lack of will to do what's necessary and no desire on the part of the American public or elected officials to endure any pain or consequences of the actions needed to bring inflation down. It would be easy to lower inflation to zero or even negative. All you have to do is raise interest rates to 10% and cut government spending 50%. I'll wager that would do the trick and then some. Inflation problem solved. New problem, major recession, perhaps depression created.

 

 

Edited Friday at 12:22 PM by All_Pro_Bills

[SectionC3]

18 minutes ago, All_Pro_Bills said:

What objective metrics or subjective observations are you citing to conclude inflation is "starting to heat up"? The June CPI reported the 12 month figure at 2.7%. The number for the month of June was .3%. 

 

The problem isn't inflation. The problem is there are several different factors that need to be balanced which lead to a conclusion that the consequences of doing what's needed to bring down inflation are judged to be greater than the benefits. Otherwise, there's just a lack of will to do what's necessary and no desire on the part of the American public or elected officials to endure any pain or consequences of the actions needed to bring inflation down. It would be easy to lower inflation to zero or even negative. All you have to do is raise interest rates to 10% and cut government spending 50%. I'll wager that would do the trick and then some. Inflation problem solved. New problem, major recession, perhaps depression created.

 

 

Trump said he would fix it.  And he's whining about Powell not lowering interest rates.  So which one is it?  It's fixed, and we can lower rates, even though it isn't actually fixed, or Jay Powell is right and Trump is full of it? 

[All_Pro_Bills]

42 minutes ago, SectionC3 said:

Trump said he would fix it.  And he's whining about Powell not lowering interest rates.  So which one is it?  It's fixed, and we can lower rates, even though it isn't actually fixed, or Jay Powell is right and Trump is full of it? 

Political candidates make a lot of promises. Few are kept. Trump said he'd better handle the economy. He didn't say he'd alienate our trading partners. Biden said he'd unify the country. He didn't campaign on letting in 12 million illegals and shifting resources targeted for helping Americans. 

 

Trump is right about the need for the Fed to lower rates but his constant berating of Powell painted the guy into a corner. After getting dressed down in public he'd look like a complete tool If he cut rates. These policy decisions should not be public theater but rather done in an official setting. In September there will be a Fed meeting and a rate cut. I'm guessing 50 points rather than the current expectation of 25 points. But it will be too late to avoid a downturn and a stock market drop. If it doesn't happen before that. That's when the money printing, QE and yield curve control enter the debt markets. 

 

The July job numbers show the employment situation is deteriorating and add in downward revisions for May and June and the numbers are ugly. Saddle up cowboys. We're all in for a rough and unavoidable ride. For a clue, watch Japan or perhaps Europe dive into a recession first. Its no different this time. Economic cycles start and end. We're close to the end of this one. Time to deal with reality and not the fantasy world of political conflict.

 

Edited Friday at 01:23 PM by All_Pro_Bills

[JDHillFan]

1 hour ago, SectionC3 said:

Starting to heat up.  I thought he was going to fix this.  Pretty gloomy report from Amazon yesterday.  MAGA denizens, at the next MAGA meeting, please don't forget to bring this up.  Thank you for your attention to this matter.  

Hoax. Starting to heat up? Last week you said it was rampant. I guess rampant has been redefined to mean “increase very slowly”. Hoax. Hoax. 
 

 

[SectionC3]

26 minutes ago, All_Pro_Bills said:

Political candidates make a lot of promises. Few are kept. Trump said he'd better handle the economy. He didn't say he'd alienate our trading partners. Biden said he'd unify the country. He didn't campaign on letting in 12 million illegals and shifting resources targeted for helping Americans. 

 

Trump is right about the need for the Fed to lower rates but his constant berating of Powell painted the guy into a corner. After getting dressed down in public he'd look like a complete tool If he cut rates. These policy decisions should not be public theater but rather done in an official setting. In September there will be a Fed meeting and a rate cut. I'm guessing 50 points rather than the current expectation of 25 points. But it will be too late to avoid a downturn and a stock market drop. If it doesn't happen before that. That's when the money printing, QE and yield curve control enter the debt markets. 

 

The July job numbers show the employment situation is deteriorating and add in downward revisions for May and June and the numbers are ugly. Saddle up cowboys. We're all in for a rough and unavoidable ride. For a clue, watch Japan or perhaps Europe dive into a recession first. Its no different this time. Economic cycles start and end. We're close to the end of this one. Time to deal with reality and not the fantasy world of political conflict.

 

So Powell will be to blame for a recession?  Even though a rate cut will lead to inflation?  And inflation already is a problem?  And cost of living is already challenging for a majority of Americans? 

 

 I think fault lies in a lot of places for what well could be a recession: Trump I, Biden, and Trump II — particularly with the stupid tariff and labor policies.  But Powell is not anywhere in that realm.  

[leh-nerd skin-erd]

26 minutes ago, All_Pro_Bills said:

Political candidates make a lot of promises. Few are kept. Trump said he'd better handle the economy. He didn't say he'd alienate our trading partners. Biden said he'd unify the country. He didn't campaign on letting in 12 million illegals and shifting resources targeted for helping Americans. 

 

Trump is right about the need for the Fed to lower rates but his constant berating of Powell painted the guy into a corner. After getting dressed down in public he'd look like a complete tool If he cut rates. These policy decisions should not be public theater but rather done in an official setting. In September there will be a Fed meeting and a rate cut. I'm guessing 50 points rather than the current expectation of 25 points. But it will be too late to avoid a downturn and a stock market drop. If it doesn't happen before that. That's when the money printing, QE and yield curve control enter the debt markets. 

 

The July job numbers show the employment situation is deteriorating and add in downward revisions for May and June and the numbers are ugly. Saddle up cowboys. We're all in for a rough and unavoidable ride. For a clue, watch Japan or perhaps Europe dive into a recession first. Its no different this time. Economic cycles start and end. We're close to the end of this one. Time to deal with reality and not the fantasy world of political conflict.

 

I disagree on Powell--if Trump is correct that the Fed should lower rates, the rates should be lowered.  Powell digging in because his feelings are internally misaligned reveals he likely should not be the fed chairman to begin with, which is probably why he hasn't adjusted the rates. 

[B-Man]

2 hours ago, SectionC3 said:

Trump said he would fix it.  And he's whining about Powell not lowering interest rates.  So which one is it?  It's fixed, and we can lower rates, even though it isn't actually fixed, or Jay Powell is right and Trump is full of it? 

 

 

He wants lower interest rate so the economy and the GDP will grow substantially, the inflation rate is not the main reason.

 

But you knew that.

 

 

[SCBills]

Voted for him for the tax cuts, border policy and as rebuke of the woke left. 
 

People who thought he’d fix everything, good luck.  I’m certainly not sold on his tariff policy, but acknowledge there was always going to be short term pain.. he said as much.. let’s see how much people are willing to take. 
 

So far he’s doing everything I voted for, so zero regret here. 
 

As far as his weak spot.. it’s tariff policy.. he’s hitched his entire second term to the success or demise of that strategy.  A year from now, it could be a disaster or it could define him as an all-time great.  That’s what happens when you take huge risks. 
 

 

Edited Friday at 03:35 PM by SCBills

[JFKjr]

4 hours ago, SectionC3 said:

Starting to heat up.  I thought he was going to fix this.  Pretty gloomy report from Amazon yesterday.  MAGA denizens, at the next MAGA meeting, please don't forget to bring this up.  Thank you for your attention to this matter.  

 

It's hyperinflation.

 

Just be glad you can still afford internet.

[T master]

6 hours ago, SectionC3 said:

Trump said he would fix it.  And he's whining about Powell not lowering interest rates.  So which one is it?  It's fixed, and we can lower rates, even though it isn't actually fixed, or Jay Powell is right and Trump is full of it? 

It took 4 years to F it up this bad he has only been in office for 6 months WTF do you expect miracles he doesn't have a magic wand !! 

 

I'm in LA right now you talk about a S**T hole all the people sleeping on the street, Graffiti every where tent cities all up and down the street on the side walks every where and Bass & Newsome lead the way after Biden opened the boarder for all of this .

 

It's really too bad that these one time beautiful cities of LA & San Francisco have turned in to this type of living space and it sure as hell wasn't 47 that made it this way but he's doing what he can to try and clean up after incompetent leaders both att he state and federal level have taken them down this road !!. 

[nedboy7]

Hours after disappointing jobs data reflected cracks in the U.S. economy, President Trump said Friday that he planned to fire the commissioner of the Bureau of Labor Statistics, Erika McEntarfer, and implied on social media that she had manipulated the monthly data for political reasons.

Mr. Trump offered no evidence to support his claim. He and his top aides have made a habit of attacking government agencies, researchers and watchdogs when they have produced findings that the president personally does not like. That has led to concerns that he could seek to interfere with the operations of the bureau and other statistical agencies, particularly if the economy begins to take a turn for the worse.

 

 

Is it really inflation is maga says its not? 

Is it really a school shooting if maga says its not?  🤪

 

 

Edited Friday at 07:43 PM by nedboy7

[Wolfgang]

46 minutes ago, nedboy7 said:

Hours after disappointing jobs data reflected cracks in the U.S. economy, President Trump said Friday that he planned to fire the commissioner of the Bureau of Labor Statistics, Erika McEntarfer, and implied on social media that she had manipulated the monthly data for political reasons.

Mr. Trump offered no evidence to support his claim. He and his top aides have made a habit of attacking government agencies, researchers and watchdogs when they have produced findings that the president personally does not like. That has led to concerns that he could seek to interfere with the operations of the bureau and other statistical agencies, particularly if the economy begins to take a turn for the worse.

 

 

Is it really inflation is maga says its not? 

Is it really a school shooting if maga says its not?  🤪

 

 

 

 

 

 

[nedboy7]

4 minutes ago, Wolfgang said:

 

 

 

 

You make a convincing argument for firing of agency heads who don’t give you the info you desire.  Time to bend over daddy’s coming home for you. 

[Wolfgang]

1 hour ago, nedboy7 said:

You make a convincing argument for firing of agency heads who don’t give you the info you desire.  Time to bend over daddy’s coming home for you. 

 

 

 

You remind me of someone...

 

 

 

[nedboy7]

33 minutes ago, Wolfgang said:

 

 

 

You remind me of someone...

 

 

 

Trump’s words. I bet I do. 

[Wolfgang]

15 minutes ago, nedboy7 said:

Trump’s words. I bet I do. 

 

 

 

 

[ComradeKayAdams]

On 8/1/2025 at 9:51 AM, leh-nerd skin-erd said:

I disagree on Powell--if Trump is correct that the Fed should lower rates, the rates should be lowered.  Powell digging in because his feelings are internally misaligned reveals he likely should not be the fed chairman to begin with, which is probably why he hasn't adjusted the rates. 

 

I don’t think Powell’s feelings are at all the issue here. I think Powell is correctly and dispassionately assessing that Trump’s tariff wars are going to lead to high inflation over the next 6+ months, and that lowering interest rates will only worsen the situation.

 

CPI and PCE metrics definitively show a recent uptick in inflation rates, with this trend holding** for all the core** inflation data (i.e., minus the food and energy prices). We know that the burden of a tariff hike must percolate down to any of three places: the foreign country (exporters), domestic businesses (importers), or the consumers. We can deduce from economic data that businesses, to date, have predominantly incurred the burden in the face of this year’s tariff volatility. We can also assume that businesses won’t stand for reduced profit margins much longer. So as the August tariff hikes kick in and stabilize, it’s reasonable to surmise that overseas shipping and other transportation logistics will become the main delay in observed price surges.

 

Since lowering interest rates will hurt everyday Americans and since raising interest rates will also hurt everyday Americans but in a different way, maybe the best option would be to have rational and stable tariff policies?? If Trump wants budgetary revenue, then raise taxes on rich people. If Trump wants to bring quality manufacturing jobs back home, then spend on the necessary infrastructure and strengthen collective bargaining power in the U.S.

 

** - Speaking of cores and holds, I’m now up to a max time of 3:08 on my plank holds! Impressed?? You better be… My super strong core muscles assist me on all my rock climbing adventures!

[leh-nerd skin-erd]

1 hour ago, ComradeKayAdams said:

 

I don’t think Powell’s feelings are at all the issue here. I think Powell is correctly and dispassionately assessing that Trump’s tariff wars are going to lead to high inflation over the next 6+ months, and that lowering interest rates will only worsen the situation.

 

CPI and PCE metrics definitively show a recent uptick in inflation rates, with this trend holding** for all the core** inflation data (i.e., minus the food and energy prices). We know that the burden of a tariff hike must percolate down to any of three places: the foreign country (exporters), domestic businesses (importers), or the consumers. We can deduce from economic data that businesses, to date, have predominantly incurred the burden in the face of this year’s tariff volatility. We can also assume that businesses won’t stand for reduced profit margins much longer. So as the August tariff hikes kick in and stabilize, it’s reasonable to surmise that overseas shipping and other transportation logistics will become the main delay in observed price surges.

 

Since lowering interest rates will hurt everyday Americans and since raising interest rates will also hurt everyday Americans but in a different way, maybe the best option would be to have rational and stable tariff policies?? If Trump wants budgetary revenue, then raise taxes on rich people. If Trump wants to bring quality manufacturing jobs back home, then spend on the necessary infrastructure and strengthen collective bargaining power in the U.S.

 

** - Speaking of cores and holds, I’m now up to a max time of 3:08 on my plank holds! Impressed?? You better be… My super strong core muscles assist me on all my rock climbing adventures!

Entirely possible you’re correct on Powell.  Maybe the storm is coming, I guess we’ll see. 
 

On your planks, no can do, I can’t be impressed with that number.  At your age, 40ish as I recall, with your commitment to physical fitness and veganibalism, I’d think you can do 10% more with a bit more commitment and less chit chat about reality tv with the other gals at the gym.  I’m guessing of course but I’m usually correct. 
 

On the bright side, I put on a few pounds these last few weeks and have some work to do, so while you’re upping your plank game I gotta cut back on the sweets.  Everybody wins. Be careful on the rocks.