Consumer Prices Will Go Down From Day One? Will Gas Prices Go Down 50% Within A Year?

[wing2000]

Shopper adds “I did that!” sticker with Trump’s face to $45 pair of strip steaks in Publix grocery store​

According to Newsweek, the beef and veal index rose 2.5% in July, while overall food prices crept up just 0.2% year-over-year. The spike is partly due to a decrease in cattle production, but reliance on imports also plays a role.

...a 50% tariff on Brazian beef imports certainly doesn't help.

 

[NxNW]

It's always going to get worse before it gets better. It will never come around to getting better.

With Trump, it gets worse before it gets worse.

 

[mark46]

With Trump, it gets worse before it gets worse.

Yes, inflation will get worse before it gets better. Almost EVERYONE agrees, including Trump.

The non-government forecasts that companies depend on show increases in the last half of the year, continuing through mid 2026, peaking at under 4%, a very manageable number.

The primary thing to remember is that this is a one-time event. Prices won't come down, but they won't increase for new tariffs either. The primary issue has been uncertainty. What is the new norm? That still needs to be worked out with several countries, including Canada and India. But that will happen by year's end, and the 2026 situation will be the new norm.
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The economy and we all will be able to live with and thrive in the new reality including the tariffs.
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Trump has made many more changes that will be much, much harder to absorb and get used to.

It will be difficult to get used to the increase in measles, polio and other preventable diseases. The vaccines for the next pandemic will need to be developed in Europe. The transition of the center of scientific excellence and research out of the US will be difficult to get beyond. [Thousands of scientists and researchers are moving to Europe or are considering it]. Many fewer will come to the US

Many federal departments and functions are being gutted. Even if there was a consensus to reverse Trump's actions, it will take decades. The experienced people are moving on to other employers, Much of the responsibility for providing for the safety net is being moved to the states. Many Republican states have little interest in performing and paying for this #1 function of government.

 

[essentialsaltes]

How Trump tariffs are lowering food prices ​

 

[bèlla]

The economy and we all will be able to live with and thrive in the new reality including the tariffs.

How can you say what someone is able to live with? The only groups who haven’t complained about higher prices and tariffs are those with discretionary income, homesteaders and preppers. Does that sound like most of our citizens? When people start restricting their meat consumption and looking for depression era recipes they‘re not thriving.

~bella

 

[mark46]

How can you say what someone is able to live with? The only groups who haven’t complained about higher prices and tariffs are those with discretionary income, homesteaders and preppers. Does that sound like most of our citizens? When people start restricting their meat consumption and looking for depression era recipes they‘re not thriving.

~bella

If you think that 3-4% inflation, very low unemployment and 6% mortgages are so horrendous that we can't think though such times, I suggest a history book look at the 70's or lots of other decades.

Look at any studies that compare decades and look at what the situation of the middle class and lower classes. "Most of our citizens" are better off than ever before in the history of civilization.
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The ONLY caveat is that Trump is trying to reduce the safety net from the very high levels of LAST YEAR.

 

[bèlla]

If you think that 3-4% inflation, very low unemployment and 6% mortgages are so horrendous that we can't think though such times, I suggest a history book look at the 70's or lots of other decades.

I’m talking about real life not data. If someone says they’re struggling I wouldn’t respond to their acknowledgment with that statement. It sounds heartless and tone deaf. No book captures everything and there’s a lot that never makes it in.

It’s obvious you like Trump but no amount of fondness should divorce you from the fact that people are suffering. Maybe you aren’t but others are.

~bella

 

[mark46]

I’m talking about real life not data. If someone says they’re struggling I wouldn’t respond to their acknowledgment with that statement. It sounds heartless and tone deaf. No book captures everything and there’s a lot that never makes it in.

It’s obvious you like Trump but no amount of fondness should divorce you from the fact that people are suffering. Maybe you aren’t but others are.

~bella

???

I am a lifelong Humphrey/Clinton yellow dog Democrat. I believe that Trump is the greatest danger to the American experiment since its founding.
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This is a religious, and political board addressing the economy.

One says that the economy is better shape than in decades and that the vast majority are better off. Your answer is that many are suffering.

That is simply nonresponsive.

Of course, some folks are suffering. As scripture teaches, this will always be. It is the #1 job of government, of all of us, to do all we can to care for those among us who are sick, poor, weak, prisoners and those oppressed.

We must be kind every day in all our actions.

And, yes, we should support those leaders whose policies will best provide a safety net for the weakest among us.
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With regard to the economy, I recall what the Democrats and their supports forecast when Trump was elected and again in April when the tariffs were announced. By now, we were to have rampant inflation, a recession and considerable unemployment. When evaluating economic policies, one evaluates actual results and even projected results (the stock market is what the rich project will happen in the economy).

Where is the rampant inflation, unemployment and recession. Democrats and their supporters have the answer. Wait, things will get worse and worse and worse until we elected Democrats who will implement their economic policies.
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SUGGESTION FOR DEMOCRATS
Work with state officials, local officials, and local businesses to help us do better in this movement of social welfare responsibilities away from the federal government. Let us build stronger local alliances among the people, business and governments (and also faith communities).

Part of the reason for the chaos is not Trump. It is the failure of federal government to perform its responsibilities without vast corruption and waste. So, let us move on and develop better local programs.

 

[bèlla]

I am a lifelong Humphrey/Clinton yellow dog Democrat. I believe that Trump is the greatest danger to the American experiment since its founding.

Mark, thank you for clarifying. God bless.

~bella