Gee, seems that ALL of @Blackvegetable 's **** PANIC WHINING about "inflationary tariffs", stock market crashing, and people dying from starvation and price hikes was, well, MORE OF HIS USUAL **** WHINING!!
It's yet another time when the Democrats, media, and anti-Trump Republican clowns got ahead of their skis. Axios is now reporting that the panic over tariffs was “overblown” (via
Axios):
With major indicators from April — the month of peak tariff uncertainty — now in, none show the kinds of recessionary or inflationary conditions implied by business and consumer surveys.
Why it matters: Warnings and anecdotes are taking on greater importance as signs of how tariffs are working their way through the economy.
The big picture: New data out Thursday showed steady retail sales and a surprising drop in wholesale prices in April. So far, so good.
[…]
The bottom line: "There is little evidence, so far, that tariffs are inflationary and instead profit margins are being squeezed. But as Walmart suggested Thursday morning, that is a situation that may not last long," ING chief international economist James Knightley wrote in a note.
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.