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Left's tariff doomsday predictions fall flat as Trump's America thrives
Fox ^ | 06 16 2025 | Jim Nelles

Posted on 06/18/2025 9:04:34 AM PDT by yesthatjallen

In April, President Donald Trump followed through on a campaign promise and implemented tariffs on the majority of the United States’ trading partners. Predictably, the left lost their collective minds and giddily spoke of the coming collapse of the American economy, higher inflation and massive unemployment.

Perhaps no one on the left stoked fear more than the Democrat senator from Hawaii, Brian Schatz. Schatz lamented that, "Donald Trump is ruining the economy on purpose … we'll be paying more for everything – groceries, food, cars, homes, toys, electronics, everything that you buy. This is about the ability for people to pay for college. This is about the ability for people to retire with dignity and comfort. Trillions of dollars of wealth are being demolished. These are everyday people panicked about how much more expensive their next trip to Walmart or Costco will be, or when they'll lose their job."

Schatz may be a liberal senator from the Rainbow state, but he is apparently no Nostradamus. The American economy is doing quite well and shows no signs of slowing down.

The United States added nearly 140,000 new jobs in May 2025, beating forecasts and the unemployment rate remained at 4.2%. Since February 2025, the first full month of Trump’s second term, the United States has added more than 515,000 jobs, despite shrinking the size of the Federal Government.

SNIP

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events
KEYWORDS: inflation; tariffs; trump

1 posted on 06/18/2025 9:04:34 AM PDT by yesthatjallen
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To: yesthatjallen

he shatz his pants on that prediction


2 posted on 06/18/2025 9:13:28 AM PDT by ghost of nixon
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To: yesthatjallen

The left can’t see their hypocrisy. They deplore tariffs as “inflationary”, but they want to raise taxes on corporations!
This after 4 years of Bidenflation!


3 posted on 06/18/2025 9:14:29 AM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: yesthatjallen

If the left really thought their doom and gloom on tariffs was going to happen they’d have helped Trump fail.


4 posted on 06/18/2025 9:18:44 AM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall)
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To: yesthatjallen

I had this conversation with someone today at the gym- a retired Wall Street guy who is politically conservative...we were talking about the possibility of an interest rate reduction this after...

He said, “they said the effect of the tariffs won’t hit for another month or so”...

I replied, “it won’t hit for another month or so? Or they’re hoping it will hit in a month or so?”

He agreed and laughed...


5 posted on 06/18/2025 9:24:44 AM PDT by God luvs America
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To: yesthatjallen

It’s nice to see a tax Dems don’t like.


6 posted on 06/18/2025 9:30:51 AM PDT by bray (It's not racist to be racist against races the DNC hates.)
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To: bray

For once.


7 posted on 06/18/2025 9:38:12 AM PDT by No name given ( Anonymous is who you’ll know me as)
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To: yesthatjallen
What do you mean, Democrats? Your lament about paying more for everything just continues the trend for the last four-plus years. Not to mention the continuing decline of the dollar's buying power within the US — I still remember when gasoline was twenty-nine cents ($0.29) a gallon.
8 posted on 06/18/2025 9:42:17 AM PDT by asinclair (Indict DNC for RICO?)
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To: asinclair

I still remember when gasoline was nineteen cents ($0.19) a gallon.


9 posted on 06/18/2025 9:44:27 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: asinclair

...and the attendant pumped it for you, washed your windows, and checked under the hood.


10 posted on 06/18/2025 9:45:41 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: yesthatjallen
I have CNBC Business Channel on low volume in the back ground, every week day, all day.

For the last month, CNBC has been struggling to explain why the USA economic data appears to be immune to Trump Tariffs.

Their newest theory - USA retail stores are depleting their pre-tariff inventories - thus - no price increases.

No one on the Left, or the Libertarians, are willing to admit that foreign companies and USA retailers are NOT going to raise prices, because USA consumers - the best informed and most agile consumers in the world - are NOT going to calmly pay them!

11 posted on 06/18/2025 10:37:50 AM PDT by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
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To: yesthatjallen

“Difficult to see. Always in motion is the future.” — Yoda


12 posted on 06/18/2025 11:58:14 AM PDT by xp38
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To: yesthatjallen

Plenty of tariffs doomsayers on FR also.


13 posted on 06/18/2025 12:13:04 PM PDT by packrat35 (Pureblood! No clot shot for me!)
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To: packrat35

<>Plenty of tariffs doomsayers on FR also.<>

No kidding. It was embarrassing.

As if a 50% tariff on CCP goods meant a 50% increase in US retail prices.

Silly.


14 posted on 06/18/2025 2:37:11 PM PDT by Jacquerie (ArticleVBlog.com)
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To: zeestephen
What tariffs? What shills keep on repeating that we have tariffs? Most tariffs are paused, can we see what happens after we have tariffs in place and after that for a several months.


15 posted on 06/18/2025 5:52:20 PM PDT by Theoria
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