Who ever wins the election, will have an economy tailwind

[purplefaithful]

It will be far more like headwinds than tailwinds.

Inflation is enemy #1.

Prices for basics are just too high for much of the country...Target sounded the alarm bells today, discretionary spending isn't there and thats their bread/butter not groceries (i.e. Walmart). 

Inflation has cooled, but prices are not rolling back for the most part. It will take years for compensation/income to catch-up with how prices have increased. 

I dont expect ANY of the mfgrs/retailers to take a hit to margin and roll back on their own. 

Hell, I was in a hurry and swung by McDonalds yesterday. I could have gotten a value meal for $5, but instead ordered a Fillet O Fish + Small Fry + bottled water. 

Cost?

$11.72

[Zanary]

It's going to get more brutal as the "tough tariffs" hit, because the penalties hit the consumers very hard...says essentially every economist.

Any progress/concessions take months if not longer, meanwhile the everyday shoppers are fiscally molested until things change.

It's still a legit strategy, but anyone thinking the bleeding will just suddenly slow/stop are tragically naive.

[Waterboy]

Inflation is enemy #1.

Prices for basics are just too high for much of the country...Target sounded the alarm bells today, discretionary spending isn't there and thats their bread/butter not groceries (i.e. Walmart). 

Inflation has cooled, but prices are not rolling back for the most part. It will take years for compensation/income to catch-up with how prices have increased. 

I dont expect ANY of the mfgrs/retailers to take a hit to margin and roll back on their own. 

Hell, I was in a hurry and swung by McDonalds yesterday. I could have gotten a value meal for $5, but instead ordered a Fillet O Fish + Small Fry + bottled water. 

Cost?

$11.72

Don't disagree with much of what you're saying.   All Biden did was print money, consumers ran up debt, and the price increases boomed hard and fast to catch up.  Then it slowed, mostly because it had to.  Inflationary pressures due to energy, supply chain, etc. are still there, but the boom in inflation simply got us mostly whole so that we shouldn't see a surge but a proportionate progression.  The underlying fundamentals still must be addressed that will most likely result in a slow-down of the economy.  I do think optimism is a large part of the story, and I think people have faith that Trump's lower energy prices, and maybe even ability to create a larger export market could ultimately lead to smaller stabilized growth, but it's a fine line.   Biden should be court-martialed and sentenced to life in front of a firing squad, but that's a story for another day.  (I guess more so those that advised / purposely fooled Biden)

[JimmyinSD]

Don't disagree with much of what you're saying.   All Biden did was print money, consumers ran up debt, and the price increases boomed hard and fast to catch up.  Then it slowed, mostly because it had to.  Inflationary pressures due to energy, supply chain, etc. are still there, but the boom in inflation simply got us mostly whole so that we shouldn't see a surge but a proportionate progression.  The underlying fundamentals still must be addressed that will most likely result in a slow-down of the economy.  I do think optimism is a large part of the story, and I think people have faith that Trump's lower energy prices, and maybe even ability to create a larger export market could ultimately lead to smaller stabilized growth, but it's a fine line.   Biden should be court-martialed and sentenced to life in front of a firing squad, but that's a story for another day.  (I guess more so those that advised / purposely fooled Biden)

It wasnt biden,  he was just the pitchman,  if you want to pass judgement..then make it in those really in charge,  sure as fuck wasnt biden or harris.  Hell people like to put obama into that mix,  i dont think hes much more than a foot soldier for the debacle and destruction of the US under the biden administration.

[BigAl99]

It wasnt biden,  he was just the pitchman,  if you want to pass judgement..then make it in those really in charge,  sure as fuck wasnt biden or harris.  Hell people like to put obama into that mix,  i dont think hes much more than a foot soldier for the debacle and destruction of the US under the biden administration.

Okay, who was or is in charge of this nefarious grand plan?  Enlighten me, Soros perhaps, wasn't the Kochs or Musk.  Who or what group am I unaware of or following.  Should I follow the money trail, perhaps?  Help me out, when Biden took office I couldn't buy toilet paper or bleach, let alone go out to dinner. There was also a lot of people in my demographic dying.  Give me a cogent explanation of who these powerful puppet masters are, I want to know.