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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.
ponce
noun
1) A pimp.
2) A posh or effeminate person.
verb
To act as a pimp.
Yes, not a good guy to be, in my opinion. Id’d rather be poor than a man whore.
Did President Trump declare June 18th Dumb Statement Day?
Only lefty retards shop there? Dumb.
Steak is cheaper than eggs? Dumber.
“I’ll just buy the chicken and maybe it’ll lay an egg while I’m cooking it..” Dumbest.
How much should something that comes out of a hen’s butt cost exactly?
Only lefty retards shop there? Gay.
Steak is cheaper than eggs, dillweed.. Even at Walmart. But you aren’t manly enough to eat steak. You eat tofu and candy. And dicks.
You have no sense of humor because you’re a mincing lefty. Enjoy your half caff soy milk gay frappe from Starsucks while you use a laptop for the free wi-fi instead of a cell phone like us normal people.
Gayass. Is your butt sore? You probably have callouses on it from the years of poundings.
You could have bought a spatula and some tongs at BB&B, Jeff, lol. Beef has gotten expensive in Georgia, but eggs are cheap again. I suspect eggs are still expensive in California only because the leftists running the joint want them to be. I was just reading where gas in CA is about to go up 60 cents a gallon., which is about what it’s dropped here since February. Long ago I noticed when gas prices drop, dems just add more taxes.
Thanks Cowboy !!! In California, companies make a few pennies of profit per gallon of gas, whereas taxes are around a dollar or more. Originally gas tax was supposed to fix the roads, but the Democrats managed to divert the gas taxes to the general fund some decades ago. Which explains the lousy California roads. Just one more scam out of countless Democrat scams that the public doesn’t know about.
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.
Yeah, I like small businesses like the Mom and Pop stores. It seems the greatest economic mistake by governments in history was wiping out the middle classes like Mom and Pop stores and small farmers.
Who has benefitted greatly from farms getting bigger? Are people in the U.S. richer or poorer since the country went from half the population working on farms 120 years to less than 3% of the population?
“Wiping out the middle classes?” Here’s the data that supports that statement–> <—
Here’s a list of all the people who are forced to shop at “big conglomerates”–>
Tell us, who chose to shop at all those conglomerates and why?
Shopping at Amazon and Walmart “makes our lives hard?” Dumb…
Your screen name is dumb. And so are you.
And Amazon sucks even harder than Wallmart. The only mutants dumber and uglier than Wallmart shoppers are Amazon ones. You’re all retards. “Uh! I’m too lazy to go out of my home. Bring shit to me! DERP.”
Mommsen was already writing in the 1800s about how Rome wiped out their middle class, leaving only ultra-rich and ultra-poor. That is one of the hidden trends one can see all through history, the ultra-rich wiping out the middle class. Seen it also in my own lifetime, growing up in the middle class during the 1950s, a great time to be a kid 🙂
Peter Navarro was described by Elon Musk as dumber than a sack of bricks.
Mr Musk didn’t go far enough, a protectionist is necessarily dumber than a sack of bricks.
‘Make do with less and pretend you’re being patriotic!’ – your philosophy in one sentence.
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.
Once again the M.S. Media Bottom Feeders proves why the Nations big time News is all nothing but Lies and Leftists Propaganda and we should just plan Boycott them all
Always being zoomed.
I know the MSM is always zooming the public and I still get zoomed 10% to 20% of the time.
They can zoom right up my ass. Maybe they’ll see a polyp or more likely a burgeoning turd.
And they can eat it.
I don’t know why they spy on us. What’s the point? They can see us scratching our asses on toilets? How stimulating is that? Not very much in my opinion. Maybe they can see my online shopping habits. There’s a thriller.
Truth be told, the left can’t wait to finish what Joe Biden started. The end of America can’t begin soon enough for that crowd. The question is: what are we going to do about? Nothing and just meekly let it happen like pusillanimous cowards? .
In this world, the strong survive, the weak perish. It’s better to stand and fight for something than cower in fear and mewl like frightened puppies and wait to die.
How “popular” can At Home be, if it’s filing for bankruptcy? If a dem was in the WH, the msm would just be pretend lamenting how order online/home delivery was killing brick and mortar establishments.
A little OT, but it’s instructive to watch how dems rig pricing in their states through taxation and regulation..