In my experience, HEB does business with a lot of local farms for produce.

You saying they couldn't get watermelon from the area?

Oldbear83 said:

---

In my experience, HEB does business with a lot of local farms for produce.

You saying they couldn't get watermelon from the area?

---

Am not really sure about this specific HEB. I would think local watermelons would ordinarily be cheaper than watermelons brought in from Mexico.

RD2WINAGNBEAR86 said:

---

boognish_bear said:

---

---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

I track all my monthly spending. Its largely collapsed. Not sure what yall are doing. Much of that just on gasoline and eggs alone Dont eat watermelon so cant speak to that

Not saying it stays that way but easily average family has $500 or more a month in their pocket for now.

RD2WINAGNBEAR86 said:

---

Oldbear83 said:

---

In my experience, HEB does business with a lot of local farms for produce.

You saying they couldn't get watermelon from the area?

---

Am not really sure about this specific HEB. I would think local watermelons would ordinarily be cheaper than watermelons brought in from Mexico.

---

Valley has some awesome produce

Fre3dombear said:

---

RD2WINAGNBEAR86 said:

---

boognish_bear said:

---

---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

I track all my monthly spending. Its largely collapsed. Not sure what yall are doing. Much of that just on gasoline and eggs alone Dont eat watermelon so cant speak to that

Not saying it stays that way but easily average family has $500 or more a month in their pocket for now.

---

I track mine too. My bills are largely lower and I eat a lot of eggs. Lots of salad too. No watermelon, though.

Fre3dombear said:

---

RD2WINAGNBEAR86 said:

---

boognish_bear said:

---

---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

I track all my monthly spending. Its largely collapsed. Not sure what yall are doing. Much of that just on gasoline and eggs alone Dont eat watermelon so cant speak to that

Not saying it stays that way but easily average family has $500 or more a month in their pocket for now.

---

Filled up with gas today for $2.49 per gallon. That is definitely a big plus.

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

boognish_bear said:

---

---

Walmart's net profit margins are 3%. Their EBITDA as a percentage of revenues is 6.5%. What a dumbass comment.

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 branches.

ATL Bear said:

---

boognish_bear said:

---

---

Walmart's net profit margins are 3%. Their EBITDA as a percentage of revenues is 6.5%. What a dumbass comment.

---

Was it stupid when biden said it? Please cite your posts being enraged when biden told grocery stores and gas stations to "lower their damn prices"

Thank you

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

Yep. I stated that as a concern.

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 branches.

---

There is no good guy at the Fed. They have been bankrolling foreign countries on the backs of the US tax payers since the 80s.

Fre3dombear said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

Yep. I stated that as a concern.

---

On same page, agreeing with you... : )

FLBear5630 said:

---

Fre3dombear said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

Yep. I stated that as a concern.

---

On same page, agreeing with you... : )

---

Agreed

Fre3dombear said:

---

ATL Bear said:

---

boognish_bear said:

---

---

Walmart's net profit margins are 3%. Their EBITDA as a percentage of revenues is 6.5%. What a dumbass comment.

---

Was it stupid when biden said it? Please cite your posts being enraged when biden told grocery stores and gas stations to "lower their damn prices"

Thank you

---

That was a dumbass comment for sure. But at least Biden didn't create the higher costs and ask them to eat it.

ATL Bear said:

---

Fre3dombear said:

---

ATL Bear said:

---

boognish_bear said:

---

---

Walmart's net profit margins are 3%. Their EBITDA as a percentage of revenues is 6.5%. What a dumbass comment.

---

Was it stupid when biden said it? Please cite your posts being enraged when biden told grocery stores and gas stations to "lower their damn prices"

Thank you

---

That was a dumbass comment for sure. But at least Biden didn't create the higher costs and ask them to eat it.

---

Actually, it's reasonable to say that the higher fuel and grocery costs were indeed created by Biden, who never seemed to care about the harm he caused.

ATL Bear said:

---

boognish_bear said:

---

---

Walmart's net profit margins are 3%. Their EBITDA as a percentage of revenues is 6.5%. What a dumbass comment.

---

There are a lot of ways to arrive at the Net Profit Margin you want to arrive at for a given year or quarter.

Oldbear83 said:

---

That's JR, says he doesn't brag then posts a long brag about himself.

---

not bragging bean counter, just letting young tinny I prolly had a little more real world experience than his narrow-minded arse.

RD2WINAGNBEAR86 said:

---

LIB,MR BEARS said:

---

RD2WINAGNBEAR86 said:

---

boognish_bear said:

---

---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

when you buy wedges of watermelon you are also paying for the fact that it's precut. 9 wedges is maybe 1/3 -1/4 of a whole melon. Your wife paid for convenience


Check out this great item I found at HEB:
https://www.heb.com/product-detail/320934

---

She did not buy the watermelon. $7.14 for a whole watermelon is too much. A pre-Covid whole watermelon cost around $3.00.

Things are gonna be really fun when Trump decides to impose price controls on top of his tariffs. An extra freezer might be a good investment going forward. But you had better buy one before prices go up.

---

interesting. When I hit the link I get $4.86
I don't see $7.14 anywhere.
Obviously the is also different pricing for different markets for HEB.

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

whiterock said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

---

While it is theoretically possible that reducing revenue from taxes can actually increase revenue, it does not normally happen that way. For example the first Trump tax cuts simply added to the deficit.

If all these deals get done, and tariffs go away, it is likely that we will see great revenue from it, but not simply because we cut revenue from taxes.

Porteroso said:

---

whiterock said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

---

While it is theoretically possible that reducing revenue from taxes can actually increase revenue, it does not normally happen that way. For example the first Trump tax cuts simply added to the deficit.

If allow these deals get done, and tariffs go away, it is likely that we will see great revenue from it, but not simply because we cut revenue from taxes.

---

It's not theoretically possible, revenues invariably do increase from marginal tax cuts. The reason the deficits climb is because Congress escalates spending faster than the revenues grow. That dynamic was well documented during the Reagan admin. Trump's deficits grew for the same reason, and of course when one changes the parameters of comparison to include his entire term, the Covid spending blows everything apart....revenues plunged spending soared, etc.....

whiterock said:

---

Porteroso said:

---

whiterock said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

---

While it is theoretically possible that reducing revenue from taxes can actually increase revenue, it does not normally happen that way. For example the first Trump tax cuts simply added to the deficit.

If allow these deals get done, and tariffs go away, it is likely that we will see great revenue from it, but not simply because we cut revenue from taxes.

---

It's not theoretically possible, revenues invariably do increase from marginal tax cuts. The reason the deficits climb is because Congress escalates spending faster than the revenues grow. That dynamic was well documented during the Reagan admin. Trump's deficits grew for the same reason, and of course when one changes the parameters of comparison to include his entire term, the Covid spending blows everything apart....revenues plunged spending soared, etc.....

---

Now I know you probably think economists are dirty liars, all Democrats, but most economists say the additional revenue does not normally replace the lost taxes. It's not much of a debate.

And as I said, the first Trump tax cuts did not pay for themselves. You present it as a certainty when it is a dream scenario.

Porteroso said:

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whiterock said:

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Porteroso said:

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whiterock said:

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FLBear5630 said:

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Fre3dombear said:

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Assassin said:

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RD2WINAGNBEAR86 said:

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Assassin said:

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boognish_bear said:

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Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

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Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

---

While it is theoretically possible that reducing revenue from taxes can actually increase revenue, it does not normally happen that way. For example the first Trump tax cuts simply added to the deficit.

If allow these deals get done, and tariffs go away, it is likely that we will see great revenue from it, but not simply because we cut revenue from taxes.

---

It's not theoretically possible, revenues invariably do increase from marginal tax cuts. The reason the deficits climb is because Congress escalates spending faster than the revenues grow. That dynamic was well documented during the Reagan admin. Trump's deficits grew for the same reason, and of course when one changes the parameters of comparison to include his entire term, the Covid spending blows everything apart....revenues plunged spending soared, etc.....

---

Now I know you probably think economists are dirty liars, all Democrats, but most economists say the additional revenue does not normally replace the lost taxes. It's not much of a debate.

And as I said, the first Trump tax cuts did not pay for themselves. You present it as a certainty when it is a dream scenario.

---

Most economists are Democrats.

If you study the data, what you see is that revenues tend to track with economic growth. And tax cuts are stimulus for economic growth. Properly done, they usually do generate more revenue than lost. That is particularly true for the Trump tax cuts. Far quicker impact than the Reagan cuts. They definitely increased revenues. So what do the Democrats do to distract from that reality? They refuse to talk about revenues and instead talk about deficits, which are invariably driven by increased spending not reduced revenues.




Source link below. The graph at landing page is even more persuasive than the one I posted.....
https://ponasa.condesan-ecoandes.org/federal-revenue-by-year-chart/

J.R. said:

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Oldbear83 said:

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That's JR, says he doesn't brag then posts a long brag about himself.

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not bragging bean counter, just letting young tinny I prolly had a little more real world experience than his narrow-minded arse.

---

I'm not narrow minded. I'm pretty objective. That's why when I say something, it's usually on point.

For example:
I just don't think you know much about economics.

As for you bragging, you've been bragging for two years because you think you don't get the respect you deserve. So you feel the need to constantly remind people of your success. We get it. And glad you're successful. But we all know successful people that are great in their lane,and less so outside of it. Perhaps that's where you fall.

JUST IN: 🇺🇸 Treasury Secretary Bessent says the US does not want to decouple from China, but wants to open markets and restore balance.

"We'll continue trading with China, especially in non-strategic goods, and at lower tariff levels." pic.twitter.com/OYx0TcJnbA

— Watcher.Guru (@WatcherGuru) May 18, 2025

J.R. said:

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Oldbear83 said:

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That's JR, says he doesn't brag then posts a long brag about himself.

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not bragging bean counter, just letting young tinny I prolly had a little more real world experience than his narrow-minded arse.

---

No brag just fact.

And there is nothing wrong with that.

LIB,MR BEARS said:

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RD2WINAGNBEAR86 said:

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LIB,MR BEARS said:

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RD2WINAGNBEAR86 said:

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boognish_bear said:

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---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

when you buy wedges of watermelon you are also paying for the fact that it's precut. 9 wedges is maybe 1/3 -1/4 of a whole melon. Your wife paid for convenience


Check out this great item I found at HEB:
https://www.heb.com/product-detail/320934

---

She did not buy the watermelon. $7.14 for a whole watermelon is too much. A pre-Covid whole watermelon cost around $3.00.

Things are gonna be really fun when Trump decides to impose price controls on top of his tariffs. An extra freezer might be a good investment going forward. But you had better buy one before prices go up.

---

interesting. When I hit the link I get $4.86
I don't see $7.14 anywhere.
Obviously the is also different pricing for different markets for HEB.

---

Whereabouts are you? I see $7.14 in Dallas

HEB has them advertised at $7.14. Walmart is a little cheaper. Not sure how much quality difference there is between WM's and HEB's.

Assassin said:

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LIB,MR BEARS said:

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RD2WINAGNBEAR86 said:

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LIB,MR BEARS said:

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RD2WINAGNBEAR86 said:

---

boognish_bear said:

---

---

Back on topic.

The wife is shopping at an HEB in deep south Texas. Nine small wedges of watermelon are priced at $11.10.

Higher prices are here. More coming soon. Trump is upset at Walmart for saying they are raising prices?

Higher prices will create higher inflation. This ain't rocket science.

Trump should have made trade deals with Canada and Mexico first. Things are about to get really ugly really fast. Trump created this mess. He needs to fix it.

---

when you buy wedges of watermelon you are also paying for the fact that it's precut. 9 wedges is maybe 1/3 -1/4 of a whole melon. Your wife paid for convenience


Check out this great item I found at HEB:
https://www.heb.com/product-detail/320934

---

She did not buy the watermelon. $7.14 for a whole watermelon is too much. A pre-Covid whole watermelon cost around $3.00.

Things are gonna be really fun when Trump decides to impose price controls on top of his tariffs. An extra freezer might be a good investment going forward. But you had better buy one before prices go up.

---

interesting. When I hit the link I get $4.86
I don't see $7.14 anywhere.
Obviously the is also different pricing for different markets for HEB.

---

Whereabouts are you? I see $7.14 in Dallas

---

Waco

whiterock said:

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Porteroso said:

---

whiterock said:

---

FLBear5630 said:

---

Fre3dombear said:

---

Assassin said:

---

RD2WINAGNBEAR86 said:

---

Assassin said:

---

boognish_bear said:

---

Powell: If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment pic.twitter.com/C8x6t6VOlV

— unusual_whales (@unusual_whales) May 17, 2025

---

Powell has not been correct a lot. His nickname is "Mr Too Late"

---

Hey Donald........Donald Trump!!!!! Is that you?

Trump needs to leave Powell the Hell alone and let him do his job. Powell is one of the few players in Washington that is not intimidated by Trump. Trumps needs more of his circle to tell him what they think instead of what he wants to hear.

---

He is not good with the Fed at all. Powell's policies, like maintaining high interest rates, are harming the economy despite signs of improving inflation and a strong labor market. If he got with the program, it would drop inflation considerably

---

The $4T debt ceiling (hahahahaha) raise will be the problem.

Nobody can buy a house. Credit card rates are 32% for many / most. Debt is all times high and if youre not an investor or have a large 401k basically youre f'd.

Cant fix most of that without lowering rates but have to cut the stuoid wasteful / fraud dei global warming acid rain soending which wknt ever happen.

Only other optikn is jpow to force a recession. If you look at what he did to affect the 2018 mid term election, it is clear where his loyalties lie and its not very purely objective.

He triggered the worst december since 1934 but needed to break the R control of all 3 houses.

---

The cuts have to be real. Right now we are playing a game. DOGE is saving billion, but the proposed budget increases the debt.

---

overlooked fact: House rules require static calculations, meaning a budget projection cannot take into account the dynamic effect of law, positive or negative. Tax cuts are, by House rules, shown as lost revenue (even though we know that they tend to generate additional revenue which more than offsets the rate cut). This particular budget proposal has substantial tax cuts - no-tax on Social Security, no tax on tips, etc....plus an extension of the Trump tax rates (which were scheduled to lapse) So there is a lot of revenue presumed to absent which we know will in fact materialize.

---

While it is theoretically possible that reducing revenue from taxes can actually increase revenue, it does not normally happen that way. For example the first Trump tax cuts simply added to the deficit.

If allow these deals get done, and tariffs go away, it is likely that we will see great revenue from it, but not simply because we cut revenue from taxes.

---

It's not theoretically possible, revenues invariably do increase from marginal tax cuts. The reason the deficits climb is because Congress escalates spending faster than the revenues grow. That dynamic was well documented during the Reagan admin. Trump's deficits grew for the same reason, and of course when one changes the parameters of comparison to include his entire term, the Covid spending blows everything apart....revenues plunged spending soared, etc.....

---

Yeo. Anyone that does that is very intellectually dishonest