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Drudge Retort: The Other Side of the News
Tuesday, August 12, 2025

Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump's new tariff costs ...

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Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump's new tariff costs, with more companies planning to pass them on in the future and foreign exporters refuse to "eat" the price hikes. [image or embed]

-- Yahoo News (@yahoonews.com) Aug 11, 2025 at 11:40 AM

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American life is being made steeply harder by our profoundly mentally ill tyrant of a president.

Paying more for things got Biden booted from office.

Let's see if our people have courage enough to return Trump the favor.

#1 | Posted by Zed at 2025-08-12 12:54 PM | Reply

Look at the picture of Trump above:

The man even looks crazy.

What was going through his head when that picture was taken?

"Me, me. me, me. me..."

#2 | Posted by Zed at 2025-08-12 12:56 PM | Reply

lol... We've just been taxed by a republiclown showing us how its done... remember when Bushturd 1 had to pass the highest tax increase in history to cover Reagoonietune's Voodoo economics? It's like that only worse...

I hope Vancypants is skinned alive for this when he is forced to take over this cluster suck.

#3 | Posted by RightisTrite at 2025-08-12 12:59 PM | Reply

Major chains are still working from inventory they imported before the tariffs took hold. imo, that likely won't last much longer, maybe a month or possibly two.

Then there are Pres Trump's multiple TACOs, which have delayed the imposition of widespread tariffs to August 1st, then TACO again to August 7.

Some companies (automakers, for example) have been absorbing the tariffs, letting them affect their operating margins. But will they eventually start passing the tariffs on to consumers to recover those operating margins for their stockholders?



#4 | Posted by LampLighter at 2025-08-12 01:01 PM | Reply

"While tariffs have yet to significantly shift the dial on inflation"prompting individuals like Treasury Secretary Scott Bessent to label them the "dog that didn't bark""analysts are widely expecting the hikes to ultimately be paid for by the U.S.

So far the sharpest end of the tariff regime has yet to be felt."

"While they haven't the are gonna." The daily cry, actually the daily wish from the left.

Buy American! Dems need to break free from buying cheap Chinese crap.

#5 | Posted by fishpaw at 2025-08-12 01:05 PM | Reply | Funny: 2

 

@#5 ... actually the daily wish from the left ...

Observations are not wishes.

Do try harder in your current alias' trolling ...


#6 | Posted by LampLighter at 2025-08-12 01:09 PM | Reply

The brain dead rapist who bankrupted multiple casinos mocks Goldman.

www.bloomberg.com

#7 | Posted by reinheitsgebot at 2025-08-12 01:18 PM | Reply

Trump is a lying pedo fraud

#8 | Posted by LegallyYourDead at 2025-08-12 01:18 PM | Reply

We needed the giant headline to tell us this?????

#9 | Posted by Angrydad at 2025-08-12 01:19 PM | Reply

Trump mocks Goldman Sachs CEO David Solomon: 'Maybe, he ought to just focus on being a DJ'
www.businessinsider.com

... Goldman Sachs CEO David Solomon is probably wondering how he got here.

President Donald Trump on Tuesday criticized the investment bank for not giving his trade policy enough "credit." It's not immediately clear what sparked Trump's ire, but the president laid into Solomon directly, even calling out the longtime CEO's DJing hobby. ...


#10 | Posted by LampLighter at 2025-08-12 01:20 PM | Reply

#5 | Posted by fishpud

LOL!!!

Morons gonna moron.

#11 | Posted by Angrydad at 2025-08-12 01:21 PM | Reply

LOL!!!
Morons gonna moron.

#11 | Posted by Angrydad at 2025-08-12 01:21 PM | Reply | Flag:

I quoted the article idiot.

#12 | Posted by fishpaw at 2025-08-12 01:41 PM | Reply | Funny: 1

@#5 ... actually the daily wish from the left ...
Observations are not wishes.
Do try harder in your current alias' trolling ...

#6 | Posted by LampLighter at 2025-08-12 01:09 PM | Reply |

As the article pointed out the tariffs haven't raised prices yet but the left keeps putting out headlines that they will. They want prices to go up so they can say I told you so.

#13 | Posted by fishpaw at 2025-08-12 01:44 PM | Reply

We needed the giant headline to tell us this?????

#9 | Posted by Angrydad

Yes, because it's not happening in real life, so you needed this to give you something to whine about Trump.....

#14 | Posted by boaz at 2025-08-12 01:49 PM | Reply | Funny: 1

Italics off..

#15 | Posted by boaz at 2025-08-12 01:50 PM | Reply

Peng noted that around 36% of the 2025 tariff costs were passed on to consumer prices after three months of implementation and around 67% were passed on after four months.

The------------- did that.

#16 | Posted by reinheitsgebot at 2025-08-12 01:51 PM | Reply

Of course the Trump Tax is hitting the American public.

It's just basic economics. But Trump has made it clear: Either he stubbornly refuses to accept basic economics, or he's just too goddamn dumb to grasp its simplest principles. Personally, I think it's a mixture of both. Remember, this mook has gone bankrupt six times. Including in the gambling den business.

#17 | Posted by Doc_Sarvis at 2025-08-12 01:52 PM | Reply

Well, I'm paying more for ordinary groceries.

I appreciate the MAGA effort to persuade me that I'm mistaken.

But, mysteriously, it hasn't led to more money in my pocket.

#18 | Posted by Zed at 2025-08-12 02:06 PM | Reply

#13 | Posted by fishpaw

---- OFF MAGAT SUB-HUMAN SCUM

#19 | Posted by LegallyYourDead at 2025-08-12 02:07 PM | Reply

They want prices to go up so they can say I told you so.

#13 | POSTED BY FISHPAW

Was my #18 above an "I told you so"?

Well, consider yourself told, I guess.

#20 | Posted by Zed at 2025-08-12 02:07 PM | Reply

GOP Rep. Ralph Norman wants prices to go up "for the good of the country".

#21 | Posted by horstngraben at 2025-08-12 02:15 PM | Reply

What's up with the giant headline?

What's next, the sky is blue?

#22 | Posted by horstngraben at 2025-08-12 02:19 PM | Reply

They want prices to go up so they can say I told you so.

Cutting your nose to spite your face?

Nah, that's a MAGA thing.

#23 | Posted by horstngraben at 2025-08-12 02:22 PM | Reply

Just wait'll manufacturing is back upand running 10 years from now. #Winning!

#24 | Posted by lee_the_agent at 2025-08-12 02:23 PM | Reply

You libs can live with 3 dolls instead of 30.

#25 | Posted by lee_the_agent at 2025-08-12 02:25 PM | Reply

Ten years from never.

Why in the world would manufacturing come back to America when it will always be cheaper to do it elsewhere.

Want manufacturing to come back?

You'll have to socialize it.

Capitalism doesn't care if you can't pay for imports.

That's why homelessness is more and more becoming illegal.

At least in prison there's some way to monetize them.

Make America A Fascist Nation is moving full speed ahead.

#26 | Posted by ClownShack at 2025-08-12 02:29 PM | Reply

Buy American! Dems need to break free from buying cheap Chinese crap.

#5 | Posted by fishpaw

You do realize that the Trump base is the people of Walmart, right?

#27 | Posted by jpw at 2025-08-12 03:20 PM | Reply

@#13 ... As the article pointed out the tariffs haven't raised prices yet but the left keeps putting out headlines that they will. ...

I repeat ...

Observations are not wishes.

What else yer current alias got?

#28 | Posted by LampLighter at 2025-08-12 05:51 PM | Reply

Pedo Donnie raped little girls

#29 | Posted by LegallyYourDead at 2025-08-12 10:52 PM | Reply

Bernie Sanders

Bernies Sander

Goldman Sachs

Goldmans Sach

#30 | Posted by THEBULL at 2025-08-13 05:09 AM | Reply

#29

No evidence

#31 | Posted by THEBULL at 2025-08-13 05:09 AM | Reply

#30
The meds. Take them.

#32 | Posted by Doc_Sarvis at 2025-08-13 05:11 AM | Reply

No evidence
#31 | Posted by THEBULL

The evidence is sitting on Pam Bondi's desk.

#33 | Posted by snoofy at 2025-08-13 08:47 AM | Reply

Some here think this is a lack of understanding by Dotard of economics. I think it's the opposite. Yes he is an addled idiot, but there are smarter people behind him. He is about to captain the largest transfer of wealth upward in the history of our country to people like him and Elong, while at the same time slashing government programs that would soften the blow, that serve the poor and working class like Medicare, Medicaid, Snap, the CFPB, etc. This is Trump U all over again on steroids, on a massive scale with no state AGs who can shut it down. If you make the people poor enough, they will take any job offered, like field work 12-14 hours per day six days a week for pennies. This is the plan for the oligarchy, and it will only get worse. Hopefully we are ready for the revolution because I believe we have seen our last free and fair elections. Welcome to the United States of North Korea.

#34 | Posted by _Gunslinger_ at 2025-08-13 11:41 PM | Reply

"He is about to captain the largest transfer of wealth upward in the history of our country to people like him and Elon"

While I agree I feel like that really started in earnest in Trump's first term. Now it's time to finish what he started.

Inflation is driving an insurmountable wedge between the investor class and the working class.

I often cite thay since 1975, practically all the gains in household income have gone to the top 20% of households.

The next sentence is: Since 1996, dividends and capital gains have grown faster than any other source of pre-tax income.

You can see this in your own life, if you have some money to invest in the market. Between 2023 and 2024 my increase in capital gains far outpaced my increase in wages. Wages went up like 3 or 4 percent. But even the S&P was up like 30% last year.

This economy only works, if you have money to invest.

Why the working class supports Trump is anyone's guess. My guess is they have that white generational wealth and don't realize what that actually means. How generations of wealth accrual can vanish in a few years with the right kind of cancer or special needs child.

#35 | Posted by snoofy at 2025-08-13 11:52 PM | Reply

"If you make the people poor enough, they will take any job offered, like field work 12-14 hours per day six days a week for pennies."

Agreed.

That's one side of the coin Trump is flipping.

The other side is the robots do the work and we don't need people at all any more.

#36 | Posted by snoofy at 2025-08-14 12:01 AM | Reply

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