(07-29-2025, 06:02 AM)putnam6 Wrote: Just because you suggest you weren't far off, doesn't make it true
I didn't SAY, SUGGEST, or infer I expected $2000-$3000 in losses in 12 months because of tariffs, and then hope to recoup in the rise of the Trump economy
I did say I expect no losses because in the modest rise in CPI these first 6 months, whatever losses we do have will be more than covered by our significantly lower gasoline prices in the southern region of the US.
The premise of the thread was that the worst-case scenario would be IMMEDIATE run-away inflation, FOLLOWED BY long-term losses as countries charged reciprocal tariffs
That hasn't happened, Captain, at least not in my world, and I sincerely hope it doesn't happen in yours.
Retire?
[Image: https://denyignorance.com/uploader/image...723499.gif]
Pretty sure I'll be working in some way, shape, or form, right till I croak, it isn't in the cards
to be able to voluntarily retire
I can eat beans and rice, atleast for a while
[Image: https://denyignorance.com/uploader/image...28663.jpeg]
Oh well, I provided the link to what you said. here I can quote your words if it helps.
Your post
Quote:How are we screwed?
These negotiations are driven by Trump’s “Fair and Reciprocal Plan on Trade,” which imposes tariffs to address trade deficits and non-tariff barriers, with a 90-day pause (ending early July 2025) for most countries except China. Its May we got 60 days.
Ive theorized in this thread, for example, if the Chinese tariff continued at the raised rate the the average American household would see an extra 900-1200 dollars A YEAR cost. As Ive mentioned over and over, his prescription medicine bill we save my household double that, throw in our savings on petrol, we will easily be ahead of the game for 2025 and 2026 YMMV.
You are speaking emotionally, WCSWNFB, while Im speaking economically and logically, that sooner or later the 7-8 major trade countries will have trade deals with the US, till then TPTB will operate under temporary agreements.
Bold mine.
Edit: Now you can quote where I said $2k-$3k captain?
