Godlike Productions - Reply to Thread

Users Online Now: 1,797 (Who's On?)	Visitors Today: 692,544
Pageviews Today: 1,259,522	Threads Today: 602	Posts Today: 10,152
02:03 PM

REPLY TO THREAD

Subject Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!

User Name

Font color: Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.

[quote:Anonymous Coward 73367941:MV80MDYxMzYzXzczNTg1OTE1XzM1Q0Y4NjFE]
[quote:Weyoun:MV80MDYxMzYzXzdEMDRERUYx]
"Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate [b]no tariff pricing pressure on consumers.[/b]
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline,  and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

https://www.breitbart.com/economy/2019/06/11/tariffs-producer-price-index/

We never needed stinkin' chicoms and we don't need them now or ever!
[/quote]

Your right everything is good , trust your gov!!!!
Gov would never lie
[/quote]

Original Message "Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate no tariff pricing pressure on consumers.
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline, and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

[link to www.breitbart.com (secure)]

We never needed stinkin' chicoms and we don't need them now or ever!

Pictures (click to insert)





\| Next Page >>