More than 50 countries have reached out to the President to begin tariff negotiations

[RichardHurt]

It not ambiguous at all the premise of the thread is tariffs would NOT send the economy into an immediate recession as predicted by the pundits and DI's peanut gallery since day one..

Inflation is up .2% SINCE JANUARY, not 2.0% POINT 2 %

Is that the recession tidal wave caused by Trump's tariffs ....FFS 
 

[Image: https://denyignorance.com/uploader/images/Quint.gif]

It proves inflation has gone up under Trump not down. Thank you for pointing that out.
Consumer spending is down, tourism is down, wage growth is slowing. Grocery prices are steadily rising. Job growth is way the fuck down. 
Are you happy yet?

[putnam6]

It proves inflation has gone up under Trump not down. Thank you for pointing that out.
Consumer spending is down, tourism is down, wage growth is slowing. Grocery prices are steadily rising. Job growth is way the fuck down. 
Are you happy yet?

LOL its .2% AND it doesn't change no matter how much you curse 

What's .2% of my $350 grocery bill? FFS it's 70 cents

Said it before 

we will save about $2700 on gasoline alone over last year, its a godsend...

YMMV

[RichardHurt]

LOL its .2% AND it doesn't change no matter how much you curse 

What's .2% of my $350 grocery bill? FFS it's 70 cents

Said it before 

we will save about $2700 on gasoline alone over last year, its a godsend...

YMMV

Inflation is up shy of .4% from this time last year.
Average grocery bill has gone up 3.2% in 11 months. Some items such as meats and coffee have gone up at times more than 20%.
Job growth....911,000 fewer jobs then expected in March after a revision from the BLS.
Unemployment is steadily going up....I wonder why that is?
Winning yet?

[putnam6]

Inflation is up shy of .4% from this time last year.
Average grocery bill has gone up 3.2% in 11 months. Some items such as meats and coffee have gone up at times more than 20%.
Job growth....911,000 fewer jobs then expected in March after a revision from the BLS.
Unemployment is steadily going up....I wonder why that is?
Winning yet?

[Image: https://denyignorance.com/uploader/image...obsn31.png]

 .4% is an extra $1.40 every 350 spent, hell, Im on a limited income, but I can swing that for now. 

Im sorry you aren't doing well, but we have a  good 8 months... guess I'm one of the lucky ones...

[RichardHurt]

 .4% is an extra $1.40 every 350 spent, hell, Im on a limited income, but I can swing that for now. 

Im sorry you aren't doing well, but we have a  good 8 months... guess I'm one of the lucky ones...

Hmmm, I don't think you fully understood what I was saying.
All good homie.
I am glad you are ok with prices going up. I find it intriguing that you and others can find a silver lining in rising prices and decreased job growth and increased unemployment.
But hey numbers are fun right!!!!

[putnam6]

Hmmm, I don't think you fully understood what I was saying.
All good homie.
I am glad you are ok with prices going up. I find it intriguing that you and others can find a silver lining in rising prices and decreased job growth and increased unemployment.
But hey numbers are fun right!!!!

Im sorry, a .4% inflation puts your world in economic recession.

For the unemployment microfractional increases for the year, unemployment is up 1.1%

Job growth is troublesome  because reports are that Biden's numbers were "overstated" from 2023-2024

 

 
2. Job Creation: Impressive Totals, But Revisions Reveal Overstatements

• Biden's Key Claim: "Nearly 15–16 million jobs created" since taking office, more than any president in a single term, with 800,000 in manufacturing alone.
  
• Reality Check: Raw BLS data showed about 15.6 million nonfarm payroll jobs added from January 2021 to mid-2024. Manufacturing did rise by ~789,000 (close to the claim). Monthly averages exceeded 400,000 for much of the period, outpacing Trump's pre-COVID gains.
  • Big Caveat: Recovery, Not All "New" Creation. About 72% (roughly 11 million) were just regaining pandemic losses (9.4 million jobs down when Biden started). True net new jobs above pre-COVID (Feb 2020) levels: ~6.2 million by mid-2024. Trump's first 2.5 years (pre-COVID) added ~5 million net new jobs—Biden's was stronger but benefited from reopening momentum.
    
  • Revisions Exposed Padding: BLS routinely revises initial estimates using more complete data (e.g., tax records). Under Biden:
    • 2024 benchmark: Downward revision of 818,000 jobs for March 2023–March 2024 (largest in 15 years).
      
    • 2025 preliminary benchmark (covering late Biden/early Trump): Massive 911,000 fewer jobs for April 2024–March 2025—the biggest ever.
      
    • Cumulative: Initial reports overstated Biden-era growth by ~1.5 million jobs. Critics like Trump called this "fraud," but BLS says it's standard (surveys miss ~30% of data initially; revisions use unemployment insurance records).
      
• Were They Bogus? Overstated, yes—initial numbers were too rosy, and claims ignored recovery context. But not fabricated; revisions happen under every administration (e.g., Trump-era ones were smaller, ~300k downward).
  

So again, sorry, that's financial ruin for you...

[RichardHurt]

Im sorry, a .4% inflation puts your world in economic recession.

For the unemployment microfractional increases for the year, unemployment is up 1.1%

Job growth is troublesome  because reports are that Biden's numbers were "overstated" from 2023-2024

 

So again, sorry, that's financial ruin for you...

Ohh may bad, I was under the impression that Trump would already have had all those lowered by now? That was clearly a lie.
And thanks for admitting unemployment is up by a staggering amount when it was going down.
And ya no shit the job market growth is slow.
Are you willing to admit that your guy failed on every so called promise to the American people?

[UltraBudgie]

this is an anooying little tangent the inflation stuff. because i'm pretty sure that change in the year-to-year inflation rate is being confused with the actual underlying rate. and if you look at the bls website you'll see the food inflation rate is 3.5% right now. which is up like 0.7% from the rate in january. but but but i also feel like those numbers are all bullshit anyway, so where does that leave us? with wrong numbers for the wrong order change for meaningless statistics? meh!



hey does anyone remember that screen saver with the flying toasters? that was cool

[putnam6]

Ohh may bad, I was under the impression that Trump would already have had all those lowered by now? That was clearly a lie.
And thanks for admitting unemployment is up by a staggering amount when it was going down.
And ya no shit the job market growth is slow.
Are you willing to admit that your guy failed on every so called promise to the American people?

Yeah, man, that's called moving the goalposts. 

That's not the argument presented in the thread.

Hell, if you said in April we'd have .4% increase in inflation and 1.1 unemployment, I would have agreed...

But nobody in the thread predicted the current slight inflation and unemployment; no one 

It's not hard to follow along.

I'll try to use monosyllable words, which means words with fewer letters...

The primary argument in the thread was that Trump's tariffs would immediately throw the world into economic chaos, an immediate recession, and it got a little wobbly in April and May, but there was no recession as was predicted 

A recession is much larger and more disruptive than the current  .4% inflation and a 1.1% increase in unemployment.

All Ive pointed out is a recession, which is what many feared from the tariffs,  DID NOT OCCUR, and is not even close to occurring. The Federal Chairman points this out in his interview video at the link.

https://x.com/EricLDaugh/status/1970596344596439503


for perspective,

that .4% increase or higher in inflation over 2024 has occurred 20 times since 1970 

and

 The current U.S. inflation rate of 2.9% (August 2025) is:

• Higher than 13 years since 1970 (e.g., 1998, 2009, 2015).
  
• Lower than 30 years (e.g., 1970–1982, 2021–2023).
  
• Approximately equal to 6 years (1993, 1995, 1996, 2001, 2007, 2024, with rates between 2.83% and 2.95%).
  

 
 

 

 
Eric Daugherty

@EricLDaugh
·
11h


JEROME POWELL: "We're now collecting a good bit of revenue...3 or 400 billion dollars a year pace [from tariffs]." "Who's paying that? [...] So far...it looks like it's the middle group, retailers and importers, THEY'RE NOT passing along to consumers that much of the cost. The actual impacts on inflation have been quite modest so far. It's a small amount."

[UltraBudgie]

What's .2% of my $350 grocery bill? FFS it's 70 cents

I am just curious if you are implying here that you spend $350 a month on groceries? If so that is very cheap! Sheesh I seem to spend $350 per visit now! Not really, more like $100-$300. But a few times a month! Also though I don't buy the cheapest food I could perhaps lower that!

And I have changed my mind about credit cards because I got one that gives 3% back at supermarkets that I can use at Home Depot or such. Which pretty much counteracts one year of inflation, so I guess it's a bit of treading water, but it does add up. It is too painful watching cashiers try pitifully to count out change from using cash now.