- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.
Six months into Donald Trump’s unprecedented gambit to impose sizable tariffs on imports, U.S. consumers are already shouldering as much as 55% of their costs, according to a new report from Goldman Sachs analysts.
And with new tariffs likely on the way, the cost burden could rise even higher, they said.
The findings, released Sunday, suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election. While inflation rates have come down from the post-Covid peak, they have remained stuck above levels economists consider healthy, causing consumers and businesses alike to continue to report feeling burdened by price increases.
The size of your house isn’t indicative of the price. There are houses way smaller than mine that cost way more.
You get groceries at the dollar store? Sweetie, maybe you should get on welfare if you can’t afford groceries.
Keep getting upset because someone dared to criticize how you spend your money. It’s the American way.
Lmao okay, pal. You sure have hit the nail on the head with your assumptions of my life. You should totally be a detective with those skills of deduction.
You’re right.
There were literally no other houses that were more affordable than the one you bought.
There weren’t in my area lmao.
Then maybe you can’t afford to live in that area.
The lowest income area of my county, but ok. I should just go live in the woods and live off of berries and acorns
Or you could go to a different county.
If you genuinely think it’s either the house you live in or out in the woods, then you shouldn’t be taken seriously on anything financial.
Bro I’m fuckin joking about the woods lmao
Ok? Then what’s your point?