485
U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says
(www.nbcnews.com)
Only 55%?
this post was submitted on 13 Oct 2025
485 points (99.4% liked)
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The large retailers were trying to hide the price increases initially.
It's almost like Americans should have listened to every fucking economist in the country.
But Americans are stupid, so here we are.
Only? I would have expected them to take all, and a bit. Never let an opportunity to make some extra profit go to waste...
All the neo-liberals and conservatives who voted against Bernie deserve this.
Right, Bernie would have come in and what, magically persuaded congressional Republicans to support all his programs and initiatives?
You probably don't even realize that 90% of Obama and Biden's perceived failures in office were due to massive opposition by elected Republicans.
Like, ObamaCare was originally supposed to have a single-payer public option, but they couldn't get enough enough votes to pass it.
But you are talking like Bernie would have come in and what, Jedi Mind Tricked the Republicans into voting for single payer?? Incredible.
You will never, in a million years, make Bernie Bros understand that presidents have to have Congressional support to get things done.
They think he would have floated in on angel wings and waved a magic wand to fix everything. They lack the fundamental understanding of how our government does/doesn't work.
It's exactly the same with the fools that voted 3rd party. They honestly thought they could bring in a rando from a party with ZERO representatives in Congress and have them actually get things done.
These are not people who are comfortable using critical thinking skills.
Bruh ease up.
Bruh, "neo-liberals" and conservatives are not the only people being hurt by tariffs. That's something a right-wing troll says to make the Left look bad.
Literally no one said they were. You're arguing with your own assumptions. You gotta ease up. Chill.
One man can't do it all. The fact even he can't beat fascists and neo-liberals shows us that we don't want to solve these issues.
In one message, you say all the problems we have today are all because Bernie didn't get elected, now you tell me one man can't make a difference.. do you even see the breakdown of your logic here?
Just out of curiosity, how many times have you written your representatives in Congress? How many times have you sent emails to Chuck Schumer, or tried to motivate friends and family to do the same? How many times have you emailed the DNC? Do you do anything else besides post defeatist messages online?
Because the Republicans don't seem to have a problem getting their voters out to vote.
I've got no dog in this fight, but you're misrepresenting them.
Their original post says "all the neoliberals and conservatives who voted against Bernie". It's not that Bernie, being one man, would have made a difference. It's that the bloc lining up behind him would have made a difference.
And the fact that he couldn't beat a bunch of neoliberals and conservatives is OUR (the voting population's) failure, not his.
Are you nuts? Writing representatives is one of the most useless things you can possibly do.
Thanks for answering the real question as to why the Left is so politically ineffective. You are either too lazy or too defeatist to bother making your voice heard. Oh, except in these message boards where you cry about how nobody enacts the policies you want, when you dont even bother showing your representatives you support them.
Good luck in life.
It's because they'd rather have fascism than communism, so that's what we all get.
If you think representatives care about anything more than money, you might be a useful idiot.
Viva your basement revolution, Che Guevara. Talk about useful idiots, I'd bet good money you've barely cracked a history book in your life.
Also, do you think Bernie is a communist because he honeymooned in the Soviet Union? Brother, are you ever gonna be disappointed...
Yes, keep throwing tantrums rather than accepting that you're part of the problem.
That's the best you can do to counter my points? Reallllly?? Shit man, I hope the Left has better minds than yours in the bullpen somewhere, or the Republicans might actually get their Fourth Reich. You are about the saddest example of a Bernie Bro I've ever seen.
Makes me wonder if you are actually a right-wing troll posting to make the Left look bad? Very possible.
Like I said, keep throwing tantrums.
Goodbye.
I only see one 'ittle baby throwing a tantrum here and running off to cry. But I get it, a big, mean spoonful of Truth isn't easy to swallow. Take a nap and you'll feel better.
Lol, ok buddy.
What childhood enemy of Trump's is making kitchen cabinets and is now being punished?
The "National Security" implications of cabinetry are beyond me.
Who else would be bearing the costs? The government is profiting from them, foreign companies and individuals aren’t affected beyond a drop in purchasing power, and companies are just going to pass the costs on to the consumer.
foreign companies and individuals aren’t affected beyond a drop in purchasing power
Actually they are affected. Either their profit margins drop, or they drop trade with the USA completely.
But any of this still affects American consumers.
I have no doubt that Goldman Sachs have their numbers right, but not the implications and knock-on effects etc.
Their percent margin might drop, but there is no way they just eat say a 100 dollar extra tariff charge. They would charge 100 dollars more on the item(s). They make the same profit, consumer pays more. The only time this isn’t true, is if the consumer will not or cannot pay the extra 100 dollars for the product and the sale is lost. In such a case they may try to pay part of the tariff and not raise their costs to account for margin.
In practice I think many companies will actually charge more than the tariff to maintain percent margin.
So definitely affects US consumers and companies, but may not affect foreign companies really at all.
Yep. If consumers are only bearing some of the costs now, then inflation will continue.
And 6 months from now, it will be the full cost. They're just turning up the heat slowly enough that the frogs don't notice the difference.
Tell your employers and demand a raise to compensate. Pass the buck until someone in the finance sector gives a shit.
The employers are hoping to replace nearly everyone but those in the C suite with AI.
This time, exporters are bearing some cost, along with U.S. businesses, who may actually be sparing consumers even worse price increases for the moment. [...] Businesses also might have accumulated inventory in advance of the tariffs setting in, allowing them to hold off on raising their retail prices more significantly.
In case you were curious about the remainder.
I'm so broke rn that I'm rehoming most of my ducks. I'm only keeping 3 of the 8 that I have. I'll save like $60/month on feed with a smaller flock. That money won't go towards my savings, but to my mortgage payment which will go up by $40 starting in December.
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