We The People Get Ready to Pay Out More Cash Come July .

[T master]

My brother works at a company that has 7 stores that consists of HVAC & plumbing & he's been there for some 25+ yrs he got a call from one of his major suppliers that get the bulk of their supplies from Chinese manufacturing companies .

 

The call was to inform him that because of the tariffs that were put in place to level the business playing field as far as American companies being able to compete monetarily with the Chinese & now being done away with by our new president that as of the first of July there will be a 13% price hike in all product that he buys from this supplier and more than likely any other suppliers that get product from china .

 

Then not only that but to add insult to injury during the call the man told him there is a very good possibility that they will tack on a FU percentage of about 7% to bring the total to 20% across the board just to make up for the money the Chinese lost in the 4 yrs prior due to the tariffs .

 

I'm so glad that our beloved president is doing the people of our country such a great job and has the balls to stand up for us !

 

So far since he's been in office for the short time he has gas prices have went back up to what they were 5 yrs ago & that was even before they hacked the pipe line & now that they allowed them to pay the hackers they have done the Beef industry the same way which will show up in paying out more for groceries . YAY !! 

 

Then now this ! Any heating, AC, or plumbing costs for materials will go up and the contractors will have to charge more to cover those costs. So what's next a $15 minimum wage so workers at McD's can make better money and have that go up too ?

 

Not to mention all the cash they have spent on the stimulus FOR ALL even if they didn't need it along with unemployment & the possible "Infrastructure Bill" that only 7% of the entire thing goes to actual infrastructure .

 

Boy the future is looking so much brighter now aren't we all so glad this administration is doing such a great job to allow all of us to keep more money in our pockets i know i am 🙄 .

 

Oh to this of you that cause democrat or republicans it doesn't matter if this was a democrat or republican president i would be saying the same thing because who ever it would be "We the People" would be getting the short end of the stick !! I just can't wait to see what's next ...

 

Thanks so much Joe I'm so glad you are the peoples president because i would hate to see what you would be doing if you weren't !! 

[Beast]

***** the idiots that voted for the clown in office. 

[BillStime]

Number 1 - Presidents don't control the price of gas.

 

Number 2 - You have NO clue how tariffs work. 

 

Number 3 - When did Biden remove Trump's tariffs on China?

[T master]

On 6/7/2021 at 6:55 PM, BillStime said:

Number 1 - Presidents don't control the price of gas.

 

Number 2 - You have NO clue how tariffs work. 

 

Number 3 - When did Biden remove Trump's tariffs on China?

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

Could it be from him shutting down the Keystone so we had to depend on other country's for gas or was it al the money in the stimulus that went to the new green deal thing for the electric cars not sure but it probably helped gas prices go up .

 

And please tel me exactly how tariffs work enlighten us with your immense knowledge of such things . Especially seeing as i have no clue how they work or why . I'll be waiting for your in-depth knowledge on this subject with a explanation so i can know how they work .

 

IMHO (which i have no clue about) the tariffs were put on the chinese because most every thing they were sending here was (for the sake of conversation)  half of what it cost to make products right here in the US . 

 

Being a business man (meaning the former Pres.) seeing what was going on as far as huge price differences between what the US product prices were & chinese prices were was why the tariffs were put on the imports to make chinas product price be more comparable to Americans to level the playing field and he had the balls to do it .

 

I believe that the lifting of the tariffs was 1 of the first 52 executive orders (which was nearly the most of any POTUS in the first 100 days) that Joe signed undoing those tariffs which could be the reason for the 13% price increase on products coming in from China .

 

Or it's just china doing it and Joe not having the balls to enforce them it's either one of the 2 but anyway it's awfully funny that after the change in administrations that gas prices increased by $1.00 back to the same price when Joe was VP pipe lines are getting hacked and money is being doled out to the hackers and now another price increase for product from china .

 

And that's not to mention the other stuff that's been going on since the first of the year. I mean this could all be the former POTUS fault but seeing as he's not in charge any more I'm not sure how but i'm sure you are or will at least try and tell me your opinion .

[BillStime]

1 minute ago, T master said:

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

Could it be from him shutting down the Keystone so we had to depend on other country's for gas or was it al the money in the stimulus that went to the new green deal thing for the electric cars not sure but it probably helped gas prices go up .

 

And please tel me exactly how tariffs work enlighten us with your immense knowledge of such things . Especially seeing as i have no clue how they work or why . I'll be waiting for your in-depth knowledge on this subject with a explanation so i can know how they work .

 

IMHO (which i have no clue about) the tariffs were put on the chinese because most every thing they were sending here was (for the sake of conversation)  half of what it cost to make products right here in the US . 

 

Being a business man (meaning the former Pres.) seeing what was going on as far as huge price differences between what the US product prices were & chinese prices were was why the tariffs were put on the imports to make chinas product price be more comparable to Americans to level the playing field and he had the balls to do it .

 

I believe that the lifting of the tariffs was 1 of the first 52 executive orders (which was nearly the most of any POTUS in the first 100 days) that Joe signed undoing those tariffs which could be the reason for the 13% price increase on products coming in from China .

 

Or it's just china doing it and Joe not having the balls to enforce them it's either one of the 2 but anyway it's awfully funny that after the change in administrations that gas prices increased by $1.00 back to the same price when Joe was VP pipe lines are getting hacked and money is being doled out to the hackers and now another price increase for product from china .

 

And that's not to mention the other stuff that's been going on since the first of the year. I mean this could all be the former POTUS fault but seeing as he's not in charge any more I'm not sure how but i'm sure you are or will at least try and tell me your opinion .

 

Stop embarrassing yourself.

 

PS: If President's controlled the price of gas - wouldn't every President lower the price; especially in an election year?  You don't think Trump would have lowered the gas to a $1 to win the election?

 

[716er]

24 minutes ago, T master said:

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

LOL

 

yikes

[Chef Jim]

1 hour ago, BillStime said:

 

Stop embarrassing yourself.

 

PS: If President's controlled the price of gas - wouldn't every President lower the price; especially in an election year?  You don't think Trump would have lowered the gas to a $1 to win the election?

 

Influence. The word is influence not control. 

[Doc]

Dem Presidents are perfect.  Nothing is ever their fault.

[Orlando Buffalo]

1 hour ago, 716er said:

 

LOL

 

yikes

If the XL pipeline, which the president alone shut down, is not a big controller of the price of gas perhaps you would like to share why gas is so expensive when we were energy is independent 8 months ago? The economy, internationally or domestically,  is not nearly hot enough to be the main driver. If your argument is that he can't make it be $1 again then please stop.

[marky]

Start making them!

Collect cans. Shred them to brillo pads. Microwave them. Draw them over a pipe. Bingo! $10 A-Coil and condenser.

[Orlando Buffalo]

2 hours ago, T master said:

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

Could it be from him shutting down the Keystone so we had to depend on other country's for gas or was it al the money in the stimulus that went to the new green deal thing for the electric cars not sure but it probably helped gas prices go up .

 

And please tel me exactly how tariffs work enlighten us with your immense knowledge of such things . Especially seeing as i have no clue how they work or why . I'll be waiting for your in-depth knowledge on this subject with a explanation so i can know how they work .

 

IMHO (which i have no clue about) the tariffs were put on the chinese because most every thing they were sending here was (for the sake of conversation)  half of what it cost to make products right here in the US . 

 

Being a business man (meaning the former Pres.) seeing what was going on as far as huge price differences between what the US product prices were & chinese prices were was why the tariffs were put on the imports to make chinas product price be more comparable to Americans to level the playing field and he had the balls to do it .

 

I believe that the lifting of the tariffs was 1 of the first 52 executive orders (which was nearly the most of any POTUS in the first 100 days) that Joe signed undoing those tariffs which could be the reason for the 13% price increase on products coming in from China .

 

Or it's just china doing it and Joe not having the balls to enforce them it's either one of the 2 but anyway it's awfully funny that after the change in administrations that gas prices increased by $1.00 back to the same price when Joe was VP pipe lines are getting hacked and money is being doled out to the hackers and now another price increase for product from china .

 

And that's not to mention the other stuff that's been going on since the first of the year. I mean this could all be the former POTUS fault but seeing as he's not in charge any more I'm not sure how but i'm sure you are or will at least try and tell me your opinion .

I think you have been around long enough but here is your warning- BT is a liar who will delete his comments when they are proven wrong and then sent he sent them. He has no intention of honesty and is one of 3 people I have blocked because he is a troll. Just know that if you argue with him you will lose because he will deny his stance once proven stupid 

[Over 29 years of fanhood]

2 hours ago, T master said:

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

Could it be from him shutting down the Keystone so we had to depend on other country's for gas or was it al the money in the stimulus that went to the new green deal thing for the electric cars not sure but it probably helped gas prices go up .

 

And please tel me exactly how tariffs work enlighten us with your immense knowledge of such things . Especially seeing as i have no clue how they work or why . I'll be waiting for your in-depth knowledge on this subject with a explanation so i can know how they work .

 

IMHO (which i have no clue about) the tariffs were put on the chinese because most every thing they were sending here was (for the sake of conversation)  half of what it cost to make products right here in the US . 

 

Being a business man (meaning the former Pres.) seeing what was going on as far as huge price differences between what the US product prices were & chinese prices were was why the tariffs were put on the imports to make chinas product price be more comparable to Americans to level the playing field and he had the balls to do it .

 

I believe that the lifting of the tariffs was 1 of the first 52 executive orders (which was nearly the most of any POTUS in the first 100 days) that Joe signed undoing those tariffs which could be the reason for the 13% price increase on products coming in from China .

 

Or it's just china doing it and Joe not having the balls to enforce them it's either one of the 2 but anyway it's awfully funny that after the change in administrations that gas prices increased by $1.00 back to the same price when Joe was VP pipe lines are getting hacked and money is being doled out to the hackers and now another price increase for product from china .

 

And that's not to mention the other stuff that's been going on since the first of the year. I mean this could all be the former POTUS fault but seeing as he's not in charge any more I'm not sure how but i'm sure you are or will at least try and tell me your opinion .

 

 

 

 

1 minute ago, Over 29 years of fanhood said:

Those who can do

 

 

those who can’t = @BillStime

 

Edited June 9, 2021 by Over 29 years of fanhood

[Buffarukus]

lol lots of good counter arguments 

 

lets see we have a 

 

"stop embarrassing yourself"

 

and a "yikes"

 

really good in depth stuff. 

[Doc Brown]

On 6/7/2021 at 7:36 PM, T master said:

The call was to inform him that because of the tariffs that were put in place to level the business playing field as far as American companies being able to compete monetarily with the Chinese & now being done away with by our new president that as of the first of July there will be a 13% price hike in all product that he buys from this supplier and more than likely any other suppliers that get product from china .

Could've gotten this shirt cheaper before Trump's tariffs...... It baffles me the GOP didn't fight Trump harder on them.

 

[All_Pro_Bills]

I get sandwiches from a local Sub shop a couple times a month and I noticed they've raised their prices again.  It was a dollar more about 6 months ago and another 50 cents a couple weeks ago.  Their input costs are quickly rising and they are "passing on" the cost increases to their customers.  This is happening almost everywhere.

 

The simple answer for what we're experiencing is the 40 year long cycle of dis-inflation has run its course and we're entering the initial period of an inflation cycle and more importantly inflationary expectations.  This means higher "nominal" costs and supply disruptions and changes in the behavior of consumers and producers as everyone adjusts their expectations of the future.  While there is debate about the amount of inflation and many economists believe its "transitory" a new cycle of higher prices appears to be starting.  One lesson I've learned from life to this point is that everything is cyclical while people tend to believe everything is linear.  If you know what I'm saying. 

 

I think its more circumstances than Biden's fault but the guy in charge always gets the blame and everyone always wants to identify cause and effect.  And while blame will be applied its just something that can't be avoided given the circumstances.  I think I've said it a dozen times already that the Democrats did Trump a favor by stepping into the drivers seat at just the right time.  For a not-so-smart person Trump seems to slip out of town at just the right time, like he did with his name branded casinos in Atlantic City, along his way through life.  So now the Biden administration is cast in the role of what's called in the investment world a "bagholder".  The guy that buys in last, or refuses to adjust their strategy to new circumstances, and takes the big loss after the smart money leaves the market.

 

So what can you do?  If you are an investor you should look at "hard assets" and avoid companies that have a lot of "intangible" value or "goodwill" on their books.  And companies that can easily pass on price increases to their customers and have little to no real competition. 

And in your personal life stock up on things you need that appear to be increasing in price.  Start thinking about "luxury" purchases you make that you might be able to cut out of your life if things get tight with spending money.  Like do you really need that $5 cup of coffee from an "up-scale" coffee shop when you can make it at home for 20 cents?  I expect those discretionary spending type companies are going to take it really hard and a lot of them will close.  The good news is if you've got debts you'll be able to pay them off with cheaper dollars in the future assuming you've still got an income stream to do that.  We're about to feel the pain of having to pay for all that "free" stuff debt and borrowing has provided.   

 

 

 

 

 

 

[BillStime]

8 hours ago, Buffalo Timmy said:

I think you have been around long enough but here is your warning- BT is a liar who will delete his comments when they are proven wrong and then sent he sent them. He has no intention of honesty and is one of 3 people I have blocked because he is a troll. Just know that if you argue with him you will lose because he will deny his stance once proven stupid 

HA - bulllllllllshittttt

[Governor]

https://www.usatoday.com/in-depth/money/2020/05/12/coronavirushow-u-s-printing-dollars-save-economy-during-crisis-fed/3038117001/

[Tiberius]

10 hours ago, T master said:

 

If the POTUS don't control the price of gas then why 4 months after Joe took over was gas prices back up to the price they were when he was VP ? 

 

Oil barons putting the squeeze on a democratically elected president? 

 

I mean those fat cats would never do that, would that? 

[BillStime]

8 hours ago, Buffarukus said:

lol lots of good counter arguments 

 

lets see we have a 

 

"stop embarrassing yourself"

 

and a "yikes"

 

really good in depth stuff. 

Glad you dropped in to share your compelling in-depth take.

 

#winning

[Governor]

9 hours ago, Buffalo Timmy said:

If the XL pipeline, which the president alone shut down, is not a big controller of the price of gas perhaps you would like to share why gas is so expensive when we were energy is independent 8 months ago? The economy, internationally or domestically,  is not nearly hot enough to be the main driver. If your argument is that he can't make it be $1 again then please stop.

The planet closed during a pandemic which decreased demand and oil prices fell.
 

When the planet opened back up, demand increased and oil prices increased. We’re also in the summer months when gas normally goes up. Nothing unexpected is happening right now.