Trump Effect

[baddog]

29 minutes ago, OlDawg said:

Sounds good to me as well. Of course, the companies that are lowering prices back down to ‘near pre-tariff levels’ are using their big, fat tariff rebate checks they received—that we payed for—to lower their currently raised prices on a small number of select items. Good marketing for them though.

Just something to remember.

Thought they were getting money back that they had paid as a tariff. Most of the higher prices are still attributed to Biden’s inflation, which was higher than we had seen in 40 years. I’m always thinking of the consumer, but some cry when prices go up and they cry when they come down. It’s a never ending cycle.

Enjoying my Tacoma.

[OlDawg]

3 minutes ago, baddog said:

Thought they were getting money back that they had paid as a tariff. Most of the higher prices are still attributed to Biden’s inflation, which was higher than we had seen in 40 years. I’m always thinking of the consumer, but some cry when prices go up and they cry when they come down. It’s a never ending cycle.

Enjoying my Tacoma.

I think it’s a little of both. The ‘big boys’ may have originally eaten some of the tariffs. Then, they finally had to raise prices. So, we paid at least some of the tariffs via higher prices. I remember Walmart finally having to raise their prices on a lot of their goods since they get a bunch from China, and other foreign countries.

As an aside, I spent a great deal of my youth in Bentonville, AR because my mom grew up there, and half my family still lives in the area. Sam Walton never stocked a foreign product in his original store. Everything was American made or grown. He’s probably turning over in his grave nowadays.

 

[Porter]

3 minutes ago, OlDawg said:

I think it’s a little of both. The ‘big boys’ may have originally eaten some of the tariffs. Then, they finally had to raise prices. So, we paid at least some of the tariffs via higher prices. I remember Walmart finally having to raise their prices on a lot of their goods since they get a bunch from China, and other foreign countries.

As an aside, I spent a great deal of my youth in Bentonville, AR because my mom grew up there, and half my family still lives in the area. Sam Walton never stocked a foreign product in his original store. Everything was American made or grown. He’s probably turning over in his grave nowadays.

 

No doubt Sam Walton is turning over in his grave. American made was something he built his business on and was proud of it. His kids are some greedy individuals. Not to mention he took care of his employees. Today they treat their employees like numbers because that’s what they are to them. I stay away from Chinamart as much as I can. 

[OlDawg]

22 minutes ago, Porter said:

No doubt Sam Walton is turning over in his grave. American made was something he built his business on and was proud of it. His kids are some greedy individuals. Not to mention he took care of his employees. Today they treat their employees like numbers because that’s what they are to them. I stay away from Chinamart as much as I can. 

I won’t lie. I shop for certain items at Walmart. Not groceries. Typically, things like birdseed, fake Advil, shampoo, soap, fake Lysol, and stuff like that. Sometimes, I purchase car stuff. I double-check AutoZone to make sure my veteran’s discount won’t beat Walmart’s price. Basically, I buy stuff that is disposable, or I don’t expect to last long anyway.

Some people live in an area where Walmart is their only grocery store around.

[Porter]