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.
You probably bought a house that you could barely afford because something cheaper wasn’t good enough for you.
You’re part of the problem.
Needlessly antagonistic, baiting real people into arguments, weaponizing class war talking points.
You’re the whole problem.
Right. I forgot we’re not allowed to criticize people for what they spend their money on.
It’s bad for business.
You’re not part of the problem. Don’t change your spending habits.
Very on topic and coherent response.
I didn’t though. My house is absolutely tiny and was very cheap because of that. I don’t need a big house. Up until a couple months ago, I’ve been able to afford it and everything else without issue. I’ve cut out almost all luxuries from my life and get groceries at the fuckin dollar store now.
You really shouldn’t assume shit about people. Acting like a dickhead online, unprovoked, isn’t a good look either.
You’ll catch way more flies with honey, dear.
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.
Bruh ease up.