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The tariffs, contrary to media expectations, did not destroy the econony. But that won’t stop the media from trying anyway.
Popular home goods chain files for bankruptcy amid tariff trouble – CNN
At Home, a popular home goods retailer with 260 stores across 40 US states, has filed for bankruptcy, citing the backdrop of tariff increases and a slowdown in consumer spending.
Brad Weston, At Home’s CEO who joined the company last year, said in a statement that the company is “operating against the backdrop of an increasingly dynamic and rapidly evolving trade environment as we navigate the impact of tariffs”
Businesses across the United States are grappling with uncertainty about tariffs, including on the countries from which At Home sources its products, notably China. At one point, American tariffs on that country were as high as 145% before an agreement last month to temporarily lower that to 30%.
Those tarrifs sure are devastating. So devastating that they actually went back in time to 2023 to take down At Home.
At Home took on massive amounts of debt to cover its pandemic era expansion, but, like Bed, Bath and Beyond, and other home goods retailers, it couldn’t survive the contraction as more of the country got back to work. There was talk it would go under in 2023.
At Home’s fate was sealed under Biden. Blaming Trump for it is dishonest.
Someone could write a book about how Mercantilism went underground when Free Trade became popular.. Mercantilism was fanatically practiced before WW1, according to my reading tonight.
“Bed Bath and Beyond” is still a place? I got a gift certificate for that place from my dipshit, ponce brother’s then girlfriend one Christmas. I threw it away. Only lefty retards shop there. $25. bucks? What was I going to buy with that? Half a pillow?
Eggs are still too expensive, by the way. Steak and pork are cheaper. Something that came out of a hen’s ass shouldn’t cost so much. The whole chicken costs less than the eggs! Fuck it. I’ll just buy the chicken and maybe it’ll lay an egg while I’m cooking it.
Lefties like to praise “free trade’ even though there is no such thing. They love every foreign tariff and hate President Trump’s. But they hate their own society, so no surprise there.
The Book of Revelation says some pretty bad things about merchants. So did one of the Roman Emperors, I forget which one. He was quite contemptuous of them, though. I think he said that when the Empire were to finally fall, life would be ruled by merchants. Something like that. I’t’s been thirty or forty years since I read that.
It seems like everything I’ve read was forty years ago.
Personally, I like the mom and pop businesses. It’s the big conglomerates who make our lives hard. I’m like Ernest Hemingway in a clean, well lighted place. The best Mexican restaurant in San Jose is this tiny hole in the wall in a bad location. And it has a full condiment bar. If you order a taco or burrito there, they make it right in front of you. It has some vegetarian fare, too.
Why we call those channels FAKE NEWS! America First! ULTRAMAGA!
I don’t care who they blame. I’m happy to see these Chinese importers go out of business.