Price of the mustang and most car will go up [LOCKED DUE TO POLITICS]

[FredBGT]

The world will keep turning.

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[GrabThatBlue]

Let's hope that Canada and Mexico cave, as they will most likely. Nobody knows for sure, until prices go up. So, let's stop playing financial experts.

Also, don't forget, we had Janet Yellen, the secretary of treasury, who "thought that inflation would be transitory". Remember that.

Cave? Really?

 

[Upacurb]

Anyone that thinks anyone in government actually cares about us......I have some beach front property in AZ Id like to sell you.....

 

[MAT1955]

@Allanrock59 ..... this "dispute" will be settled amiably if Trudeau/Freeland tone down the rhetoric. Mr. T uses tariffs as negotiating start points - a pretty good tactic IMO. If Canadian politicians take a chill pill and have some dialogue all will be well. As for China - they are a serious threat to everyone and Mexico (I have relatives living there) is a totally failed narco state - so as far as those two countries are concerned IMO whatever Mr. T does to them to make them comply helps the world. No one wins a trade war with the USA.

 

[Skye]

https://oec.world/en/profile/country/usa

Occasionally, I will go to this site to see what countries import and export. Once there, scroll down to the historical, interactive graphs, then click as you like to view $ amounts involving economic sectors and industries.

Even without tariffs, I expect inflation to remain elevated and higher prices to continue for the foreseeable future.

Much of the discussion in this thread and others focused on prices and inflation. While the headline numbers on inflation are trending down and lower than previous, this number is something of a weighted average of the cost involving several sectors of the economy.

https://www.cnbc.com/2025/01/15/heres-the-inflation-breakdown-for-december-2024-in-one-chart.html

So the reported number is about 3%, but as the breakdown shows, it's not 3% everywhere; this matters.

Eggs are an outlier. Bird flu has killed millions of chickens, is known to kill domestic cats, make wild cats sick, is now infecting beef and dairy cows and has affected other animals worldwide. The virus has spilled over to humans. Several farm and ranch hands have been confirmed infected, often with flu-like symptoms. One confirmed death in Louisiana (pre-existing conditions) and another hospitalized in Canada with significant respiratory issues. We don't hear about it much in the news, because farmers and the USDA don't want us to know. The topic isn't something you want to be promoting. If interested in the subject, please Google and study.

Coffee and cocoa (chocolate) are two others I'm aware of. Due to poor harvests, there is less product, less good product, than expected.

This site is data dense, but does provide very granular breakdowns of pricing. Use the search bar to google a specific topic or region.

https://data.bls.gov/dataQuery/find?st=0&r=20&s=title:A&fq=survey:[cu]&more=0

There's a simple, four-silo chart here. If you click on each of the silos, you can further breakdown specific sectors.

https://www.bls.gov/cpi/

This page allows you to view inflation-adjusted wages, aka real wages. The last few years have been volatile.

https://data.bls.gov/timeseries/CES0500000013?output_view=pct_12mths

What we label as inflation is complex. And if you work in one specific sector seeing a large increase in costs while wages are not going up, you're going to be struggling, some, significantly.

As with inflation, the wages number is an average of all of us. Some have done well, others OK, other still not so good. It depends on what your job is, what sector of the economy you work in.

Finally, there are external forces at-play. These are the ones I can immediately think of which will continue to bias inflation higher for what I believe years to come:

1. Rebuilding Los Angeles
2. Rebuilding the Carolinas
3. Rebuilding Ukraine
4. Rebuilding Gaza and Lebanon
5. Expanding or creating prisons and camps for US deportees
6. Reduced available labor in construction, service and hospitality sectors (see above)
7. US tax cuts
8. Lessened commodity and finished product availability from trade wars
10. Continued aging of US population
11. Continued lack of access to Suez Canal
12. Continued upward pressure on insurance rates
13. Increased defense spending
14. Increased healthcare spending
15. Compounding US GOV interest and debt
16. General infrastructure repair or replace (roads, bridges, power plants, water treatment)
17. Increasingly-destructive, weather-related events (crops, housing, businesses worldwide)

Edit,
18. Building, and later powering, crypto and AI initiatives.

Some of these points are happening now, going to happen or might happen; they will have direct and indirect impacts throughout the economy in the US and elsewhere.

I want to clarify the points above: they are not to dump on the current or incoming Administrations. I'm also not here to argue with anyone. They are topics I believe that have to be considered as to how they will affect the US economy going forward. They're points I'd like to be wrong about. These issues are complex, several of which we've been in denial of for decades. Many demand difficult decisions and years of support, nationwide.

 

[Gregs24]

@Allanrock59 ..... this "dispute" will be settled amiably if Trudeau/Freeland tone down the rhetoric. Mr. T uses tariffs as negotiating start points - a pretty good tactic IMO. If Canadian politicians take a chill pill and have some dialogue all will be well. As for China - they are a serious threat to everyone and Mexico (I have relatives living there) is a totally failed narco state - so as far as those two countries are concerned IMO whatever Mr. T does to them to make them comply helps the world. No one wins a trade war with the USA.

Including the USA!

 

[fishinrich]

 

[GrabThatBlue]

@Allanrock59 ..... this "dispute" will be settled amiably if Trudeau/Freeland tone down the rhetoric. Mr. T uses tariffs as negotiating start points - a pretty good tactic IMO. If Canadian politicians take a chill pill and have some dialogue all will be well. As for China - they are a serious threat to everyone and Mexico (I have relatives living there) is a totally failed narco state - so as far as those two countries are concerned IMO whatever Mr. T does to them to make them comply helps the world. No one wins a trade war with the USA.

Well, I hope those countries will stand their ground to show you that the world is larger than only the USA to trade with.

 

[89Trooper]

First off, I don't want to start a political thread so please don't go there.

Too late.

 

[89Trooper]

I've asked for this thread to be removed. You can make fun of my caliper covers, but if I wanted to see stuff about politics (I don't), there are plenty of other places I could go.

 

[Zig]

I've asked for this thread to be removed. You can make fun of my caliper covers, but if I wanted to see stuff about politics (I don't), there are plenty of other places I could go.

Other than raising the ‘price’ of the mustang what’s wrong with your covers?

 

[89Trooper]

Other than raising the ‘price’ of the mustang what’s wrong with your covers?

Nothing! (at least according to me) I love them and I've had people admire my "big brake package". I love their disbelieve when I tell them they are just covers. Hehe.

I was just adding some humor:

Making fun of my covers - allowed
Politics - not allowed

 

[Dragster]

Well, I hope those countries will stand their ground to show you that the world is larger than only the USA to trade with.

As an American, I’d prefer to minimize the economic impact at home.

 

[Bikeman315]

Nothing! (at least according to me) I love them and I've had people admire my "big brake package". I love their disbelieve when I tell them they are just covers. Hehe.

I was just adding some humor:

Making fun of my covers - allowed
Politics - not allowed

You’ve been here long enough to remember we had a politics sub forum. It didn’t go well and was removed.

And by the way, caliber covers are for wannabes. Get the real thing or go home.

 

[89Trooper]

And by the way, caliber covers are for wannabes. Get the real thing or go home.

This is allowed!!!

If you haven't, check out the pictures. As far as covers go, they are pretty nice.

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