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#useconomy

20 posts18 participants0 posts today

If Americans wanted housing prices to come down, they wouldn’t have elected Trump. Broad tariffs and deporting construction workers make prices go up, and he ran on those policies.

“‘Every day I wake up and walk out the door, I go with the hope of going to work, but with the fear of not being able to come back,’ said a construction worker and single parent in Texas”

theguardian.com/us-news/2025/f

(A high national debt may also apply upward pressure on prices, and before the election economists estimated he would raise the debt much more than Harris.)

The Guardian · ‘It comes from racism’: immigrant workers on Trump’s deportation pushBy Michael Sainato

“It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales have been tracked for over 75 years. When they are lower YoY, that has historically been a good (not perfect) indicator that a recession is near. That’s because that same 75 year history empirically demonstrates that consumption leads jobs. In other words, …”

bonddad.blogspot.com/2025/02/j

bonddad.blogspot.comJanuary retail sales: once or so a year, it lays an egg. This was one   - by New Deal democrat   It’s that time of month again for my favorite indicator for the consumption side of the economy: retail sales ...

Why Do Some Believe Tariffs Boost the US Economy's Growth?

Hey everyone! 🌟 I’ve been diving into the whole tariff discussion and I’m curious to learn from all of you. It seems like there’s a mix of opinions out there about whether these tariffs are actually beneficial for the US. So, I’m asking—why do some folks believe they are? 🤔 Here’s what […]
mymetric360.com/question/why-d

MyMetric360Why Do Some Believe Tariffs Boost the US Economy's Growth? - MyMetric360Discover why some believe US tariffs are beneficial. Explore differing views and join the debate—click to learn more!

12 days of Trump economy and:

"US consumer inflation increases at fastest pace in nearly 1-1/2 years in January"
reuters.com/markets/us/us-cons

The reasons are likely mixed and many, and we'll find out more if it turns into a trend. But many businesses placed increased orders in anticipation of tariffs, which may have placed upward pressure on prices.

"With threats of sharply higher import duties from President-elect Donald Trump, the leaders of many companies like Mosee’s are rushing to stock up and insulate themselves from the higher cost of doing business that could follow."
marketplace.org/2024/12/27/ame

Longer term, threatening to deport construction workers (or worse, actually deporting them) is bad for housing prices. So are broad tariffs and an astronomical national debt.