Tariffs and Potential Inflation

[Hilljackoutlaw]

Way out in the pasture now.
Cool ancestry tho.

 

[Gulf of America]

Prices were a small small component of Trumps win. The biggest were immigration and ending the woke bullshit.

Perhaps I should’ve elaborated but didn’t have much time to craft a post before a volunteer ski patrol shift. I don’t disagree with you, but I think the anti-woke wave is a symptom of most average Americans (along with every other country to have a democratic election this year) don’t see government working for them. They see elected people on the left fighting for minorities, trans, immigrants, etc, but they don’t see the left fighting for the average blue collar worker who’s struggling. If average people felt like the government’s policies were helping them improve their lot in life, they’d probably care a lot less about immigrants and bathrooms.

 

[BuzzH]

Perhaps I should’ve elaborated but didn’t have much time to craft a post before a volunteer ski patrol shift. I don’t disagree with you, but I think the anti-woke wave is a symptom of most average Americans (along with every other country to have a democratic election this year) don’t see government working for them. They see elected people on the left fighting for minorities, trans, immigrants, etc, but they don’t see the left fighting for the average blue collar worker who’s struggling. If average people felt like the government’s policies were helping them improve their lot in life, they’d probably care a lot less about immigrants and bathrooms.

 

[Carnage2011]

Perhaps I should’ve elaborated but didn’t have much time to craft a post before a volunteer ski patrol shift. I don’t disagree with you, but I think the anti-woke wave is a symptom of most average Americans (along with every other country to have a democratic election this year) don’t see government working for them. They see elected people on the left fighting for minorities, trans, immigrants, etc, but they don’t see the left fighting for the average blue collar worker who’s struggling. If average people felt like the government’s policies were helping them improve their lot in life, they’d probably care a lot less about immigrants and bathrooms.

I agree with most of your post. I think the last sentence is off, but if our policies were better on those two issues it likely changes the whole dynamic.

 

[Rie Bread]

Praise the lord they make whiskey in Ennis

 

[Hilljackoutlaw]

they’d probably care a lot less about immigrants and bathrooms.

Parents worth their weight are always gonna care about bathrooms.
I agree mostly tho, but what's so ridiculous is you listen to the left now even after losing and anyone with a brain cell knows why they lost and they continue to say the same stuff and making it worse for themselves.

https://twitter.com/x/status/1885851119508685236

Can't make this crap up! Even the guy reading it is confused!

 

[jryoung]

Think of what Ferris missed on his day off

 

[BuzzH]

Praise the lord they make whiskey in Ennis

Just about everywhere anymore.

 

[Rainer]

Well cutting off hydro, LNG and crude are now officially on the table now. I guess 4.5 million homes and business's might not be watching the Superbowl now.

 

[Carnage2011]

Well cutting off hydro, LNG and crude are now officially on the table now. I guess 4.5 million homes and business's might not be watching the Superbowl now.

God I love when a radical shows up..:they always bring the best lol

 

[Nick87]

God I love when a radical shows up..:they always bring the best lol

You spelled it wrong...

 

[ismith]

Well cutting off hydro, LNG and crude are now officially on the table now. I guess 4.5 million homes and business's might not be watching the Superbowl now.

But we’re ok with whiskey still right?

 

[Hunting Wife]

Praise the lord they make whiskey in Ennis

Glacier and Montgomery both make excellent ryes. My favorites of MT distillers.

 

[ismith]

Glacier and Montgomery both make excellent ryes. My favorites of MT distillers.

Montgomery is my favorite. Glacier is awesome too.

 

[Rainer]

But we’re ok with whiskey still right?

Can we smuggle it across the border like in the 30’s

 

[ismith]

Not rye, but currently my favorite until I’m a Fartcoin billionaire.

 

[TheJason]

Vice President JD Vance, in a Fox News interview ahead of the tariff announcement, maintained that Trump’s policies would mean “more take-home pay” for U.S. workers.

Trump is now backing off such claims.


“Will there be some pain? Yes, maybe (and maybe not),” Trump wrote Sunday morning on social media. “But we will make America great again, and it will all be worth the price that must be paid.”

Gregory Daco, chief economist at the tax and consulting firm EY, calculates the tariffs would increase inflation, which was running at a 2.9% annual rate in December, by 0.4 percentage points this year. Daco projects the U.S. economy, which grew 2.8% last year, would fall by 1.5% this year and 2.1% in 2026.

The Budget Lab at Yale University estimates Trump’s tariffs would cost the average American household $1,000 to $1,200 in annual purchasing power.

 

[cgasner1]

We even got our own tequila now. 406 agave is pretty legit

 

[406dn]

Well cutting off hydro, LNG and crude are now officially on the table now. I guess 4.5 million homes and business's might not be watching the Superbowl now.

I was wondering if these might be on the table. If I put myself into a Canadian politician's shoes, I would be mulling an export tariff on those products.

The oil refineries the northern half of the US run some amount of Canadian crude in them. If there is not domestic crude available regionally, the refinery might well be running primarily on Canadian crude.

Every refinery in the world, is engineered specifically to run on the type of crude economically available to them. Canadian crude is heavier, sour, and cheaper, than say a light sweet Texas crude. However if a refinery is designed for heavy, sour crude, it cannot run a similar amount of lighter, sweeter crude.

I had every expectation that Trump's presidency was going to be a bumpy ride. He has over delivered, coming out of the gate.

 

[ismith]

I was wondering if these might be on the table. If I put myself into a Canadian politician's shoes, I would be mulling an export tariff on those products.

The oil refineries the northern half of the US run some amount of Canadian crude in them. If there is not domestic crude available regionally, the refinery might well be running primarily on Canadian crude.

Every refinery in the world, is engineered specifically to run on the type of crude economically available to them. Canadian crude is heavier, sour, and cheaper, than say a light sweet Texas crude. However if a refinery is designed for heavy, sour crude, it cannot run a similar amount of lighter, sweeter crude.

I had every expectation that Trump's presidency was going to be a bumpy ride. He has over delivered, coming out of the gate.

Does Canada have the ability to refine heavy sour crude?