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  1. VikingsGuy

    A little humour for your day

  2. VikingsGuy

    A little humour for your day

  3. VikingsGuy

    A little humour for your day

  4. VikingsGuy

    Project 2025 and Conservation

    DOGE will be where some of this lands.
  5. VikingsGuy

    Project 2025 and Conservation

    New Sec of Commerce? ;)
  6. VikingsGuy

    Tariffs and Potential Inflation

    My 2 cents - to virtue signal about on-shoring manufacturing jobs (that will only happen in tiny pockets) and to take small steps to re-engage defense-critical supply chains (but likely too little too late).
  7. VikingsGuy

    Tariffs and Potential Inflation

    So, if the 50s/60s/70s/80s were known as the “Cold War”, do the 2020s/2030s become known as the “cheap Walmart crap & flat screen tv war”?
  8. VikingsGuy

    Football General Talk

    I loved Favre (the player, not necessarily the person) even as a Packer. His back and forth with John Randle was a wonderful part of the teams’ shared history. It was fun to have him here for one cool year. But I have hated Roger’s since Cal and have absolutely zero interest in him wearing...
  9. VikingsGuy

    Tariffs and Potential Inflation

    please take judicial note of the smiley emoji
  10. VikingsGuy

    Tariffs and Potential Inflation

    Nominal inflation rate and purchase power adjusted for income & price inflation are two concepts you mix together. The later being the thing we have the least good data for but is probably the most useful. Meanwhile most people are talking about inflated prices. As for "every economist says"...
  11. VikingsGuy

    Tariffs and Potential Inflation

    Wow - does @jryoung make $45 million? I would have been much nicer to him if I had known that ;)
  12. VikingsGuy

    Tariffs and Potential Inflation

    I agree inflation in wages was hugely uneven in spread. Most folks took a real hit and those pretending “it is over” are either fools or liars for reasons already discussed above. Very very few ended up “net postive” when looking at their own wages and their own bills. As for the benefits...
  13. VikingsGuy

    Tariffs and Potential Inflation

    Fixed it for you ;)
  14. VikingsGuy

    Tariffs and Potential Inflation

    tldr; c-suite - fun to flog, but not the problem OK - we have wander far away from the OP, but by page 9 I suppose that is par from the course. C-suite comp is an easy horse to flog. Fun for one and all. But an actual discussion of its real impact breaks down into three discussions...
  15. VikingsGuy

    Tariffs and Potential Inflation

    I agree that for this, and many reasons, Americans buying less unneeded stuff would be a good thing. As for corporate profits, most things I have seen are absolute dollars not inflation adjusted. So if prices and costs go up 25% then profits would also go up 25%, but that would be 25% more...
  16. VikingsGuy

    Tariffs and Potential Inflation

    At the very most, high tariffs may try to save some existing on-shore manufacturing jobs, but they can’t create meaningful new on shore jobs, because supporting supply chains aren’t present, inexpensive labor is not present and the rising prices actually reduce sales volume and the external...
  17. VikingsGuy

    Tariffs and Potential Inflation

    I understand it is politically inconvenient, but actually it is.
  18. VikingsGuy

    Tariffs and Potential Inflation

    But let’s also be clear. You can’t add large tariffs and have further tax cuts and not get inflation for these reasons as well. If you insist on pumping up a balloon it will get larger. The balloon doesn’t care who you voted for.
  19. VikingsGuy

    Tariffs and Potential Inflation

    So, if in 2025 we had 100% inflation but then in 2026 it returned to 2% per year for the next 10 years, in 2027 does saying inflation is over really accurately described the real world lived experience of the average American? Absent a deflationary cycle (which can actually be worse) prices...
  20. VikingsGuy

    Tariffs and Potential Inflation

    Run of the mill size for big production agriculture too - the size of modern potato, sugar beat, wheat and corn farming (by families) is mind boggling compared to 40 years ago. But this is apples/golf carts too, as Smithfield doesn’t do crop production agriculture. It’s not a “pig farmer”...
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