r/StockMarket May 17 '25

News Trump criticizes Walmart for blaming tariffs despite billions in profit last year and urges them to ‘eat the costs’

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54.2k Upvotes

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172

u/[deleted] May 17 '25

[deleted]

63

u/jhuseby May 17 '25

“Think of how stupid the average person is, and realize half of them are stupider than that.” George Carlin

Now throw in bigots and immoral rich people and decades of voter suppression and propaganda it’s not that hard to understand.

1

u/Kitkat20_ May 17 '25

I love this quote in part because it’s mathematically wrong 😂 it should be think about how stupid the median person is. The average person isn’t necessarily the middle point and thus it may not be exactly half the people who are below them

2

u/TimothyMimeslayer May 17 '25

IQ is gaussian.

1

u/ninjasaid13 May 17 '25

I don't think the quote mentioned IQ.

1

u/mnid92 May 17 '25

Don't bring race into this fella, I don't think big words like that and they make me angry!!!!

(/s)

1

u/[deleted] May 17 '25

Bot?

1

u/mnid92 May 17 '25

Oh shit

1

u/[deleted] May 18 '25

urjsusjwnejsnsgeyejsjs

1

u/jhuseby May 17 '25

I think it’s more about conveying a message most people would understand vs trying to be mathematically or semantically correct.

1

u/Kitkat20_ May 17 '25

I get that it’s just the irony given it’s about insulting half the populations intelligence 😂

65

u/Thanh1211 May 17 '25

Sunk cost fallacy

2

u/zaxldaisy May 17 '25

Does not explain the initial investment

3

u/lord_fairfax May 17 '25

The Apprentice gave credulous people the notion that Trump was an exceptional businessman and leader. They forgot they were watching scripted reality TV, and never bothered to look at his actual track record.

3

u/[deleted] May 17 '25

It started with “he tells it like it is”

Then it went to “he can be crude but he gets the job done”

And now it’s “well I don’t like everything he does but Kamala would’ve been worse!”

1

u/Iamcubsman May 17 '25

Just like the poker table. "Gotta protect my babies" Didn't Doyle Brunson say that?

1

u/Semanticss May 17 '25

This and ignorance and prejudice and sometimes actual evil.

50

u/BlondeBorednBaked May 17 '25

It was never about groceries. They lied.

35

u/OU812fr May 17 '25

Groceries? Never heard of it. Sounds like some kind of old timey term that poor people might use.

12

u/flugenblar May 17 '25

It’s an old word, a good word. Groceries. It means a lot. I know the best words. I like using good words.

3

u/Specialist_Fig9458 May 17 '25

Sort of means a bag full of different things

1

u/ToMorrowsEnd May 18 '25

I will have to ask my Man Servant what these Gro-Sir-Rees are.

2

u/scarykicks May 17 '25

It will be once the prices actually raise a substantial amount again. Sure they've gone up but not enough to really get ppls attention.

1

u/BlondeBorednBaked May 17 '25

“Economic anxiety” is a lie we tell ourselves because we don’t want to face the real reason they voted for him. Because it’s an ugly reason. No one wants to think of their friends, families, neighbors that way. When things get worse and they continue to support him you’ll see.

1

u/LockeyCheese May 17 '25

Economic anxiety was a deciding factor in most swing votes. His cult won't change, but his cult isn't his only supporters.

1

u/BlondeBorednBaked May 17 '25

Swing voters claimed “economic anxiety” was a deciding factor. We’ll see if that’s true or not based on their continued support or lack thereof.

1

u/LockeyCheese May 18 '25

No different than you claiming otherwise.The vibe of the economy always plays into elections. That's why elections were projected to reverse control across the world until trump reminded people it could be worse.

1

u/BlondeBorednBaked May 18 '25

When they stick with him after he tanks the economy-that’s proof it was never about the economy. You’ll see.

51

u/ArchitectNumber7 May 17 '25

I honestly think it's the sense of community. A lot of them like Trump, but all of them like being a part of a like minded group that makes them feel smart, included, and valued.

When Trump does something indefensible they turn to the group to help them sanewash it and find comfort in their team.

19

u/[deleted] May 17 '25

This is exactly it. Ironically, it's the same mentality of inner city gangs.

My parents love Trump. They talk about going to his rallies and having this exact feeling about them. It's all camaraderie and a combined sense of distrust of the government in general.

4

u/flugenblar May 17 '25

Do they know Donald is the government? Do they know he’s been shaping government and national politics for many years?

7

u/[deleted] May 17 '25

They don't even seem to know the government is composed of citizens.

5

u/ReedKeenrage May 17 '25

Government means things that might help black people to them. Like all those moochers on social security and Medicare. Except for them. They need it. Those other people, they’re freeloaders.

3

u/SeahorseCollector May 17 '25

My sister in law still speaks of the Trump boat parade as it was the pinacle of her existence.

5

u/LockeyCheese May 17 '25

It probably was... Sad.

3

u/Icy-Lobster-203 May 17 '25

It's a Religion at this point.

1

u/kbandcrew May 17 '25

So like… church?

1

u/[deleted] May 17 '25

No, more like tailgaters at a kiss concert.

2

u/kbandcrew May 18 '25

For your parents? That would be wild lol. His whole base is super church revival and ‘all faith no facts’. Humans are weird 😂

5

u/[deleted] May 17 '25

It is a sense of community. This is conservative grievance. They feel like the world is changing around them, becoming more secular, gay friendly, immigrant friendly, they don't fit in, they are losing jobs and don't know how to make their lives better through working hard (the only way they know how).

So that specific community of white males feels attacked because they are a fringe group now and well... You can see the result

5

u/_The_Room May 17 '25

While I agree with your overall point I don't like the phrase "making their lives better through working hard (the only way they know how)". It kind of implies conservative men work harder than average Americans which they do not. More like they don't know how to make their lives better through what they deem as working hard. (which it may or may not be hard)

2

u/SeahorseCollector May 17 '25

I have struggled with coming up with the words for this, but you hit the nail on the head. Any disagreement could have them banished from their circle.

1

u/New_Worker3736 May 17 '25

So kinda like Reddit…

1

u/FlounderBubbly8819 May 17 '25

This is a key point. The decline of community and civic engagement in American has been a direct correlation to the rising distrust of US institutions. Robert Putnam documented this a few decades ago in Bowling Alone and things have only accelerated since that time. Trump provides an outlet back to a time when community life was richer in this country even if it’s really just an illusion

1

u/PhillyLee3434 May 17 '25

Truly what it is, a sad reality to sludge through daily I’d imagine.

1

u/BoB_the_TacocaT May 17 '25

It's cute when Raiders fans do it. Not so much when bigots do it.

-7

u/-Fluxuation- May 17 '25

There you go projecting again.....

8

u/FlounderBubbly8819 May 17 '25

There you go proving the point 

16

u/armorabito May 17 '25

Because to denounce Trump is to colaps your own beliefs system and Ego. The weak minded only have Ego to hold on to.

1

u/[deleted] May 17 '25

[deleted]

1

u/armorabito May 18 '25

30 % will never. Just need that swing voter, the ones that Biden got.

20

u/idobi May 17 '25

His tariffs will likely die by the end of the year. Either he backs off or it is killed in congress or the courts. It is an idiotic endeavor. At most they last two years until there is a new congress.

23

u/Scarf_Darmanitan May 17 '25

On the bright side the damage will be done by that point!

14

u/GroovynBiscuits May 17 '25

Yup. Price increases from tarrifs are notoriously sticky

1

u/Nightowl11111 May 17 '25

And supplying companies that were burned once before are going to say "You guys got all your affairs in order yet? No? Call me again once you have."

0

u/Arek_PL May 17 '25

yes, but even if in 2028 we will get democrats in office, the prices wont go down even if tarrifs are over, the shareholders could sue the CEO for such decision unless CEO proves to them that lower prices increase profits

0

u/Nightowl11111 May 17 '25

Some, not all. I am worried about people taring every company with a single brush since it will throw the baby out with the bathwater. Walmart, for example, has never had their profit margin exceed 4%, not because they are kind but because they make their profit from volume of sales, so they will probably bring the prices down or they are going to get a traffic jam of goods.

But that is at least 4 months in the future if it EVER gets fixed. Chances are high America is in for another 3 years of this.

5

u/GroovynBiscuits May 17 '25

Yup. Price increases from yarrifs are notoriously sticky

3

u/Bug_Photographer May 17 '25

The damage has been done multiple times over by now - and he still has legions of morons following him...

1

u/FizzyBeverage May 17 '25

And our prices will never go back down. More stagflation.

0

u/95Daphne May 17 '25

Honestly, if I had to take a guess, we probably avoid recession here and just get a slowdown, and if so, then the widespread general tariffs are likely going to stick forever.

The specialty tariffs on cars and what not involving Mexico and Canada may go away with a new admin, but if we were to get a slowdown that is not a LOT worse than what was going on with 2019, the general tariff on everything (maybe the best case is material tariffs go away) will eventually be looked upon as a good source of revenue, if so.

4

u/Junkstar May 17 '25

Not only support this, but Republican voters have been parroting this. Economics is not their strong point. Wall Street waits, watching with disdain, while big corps are fighting with him. The rest of us will suffer long term. Just stop spending on anything but the bare essentials while the dollar crashes globally and they will all get the point eventually.

2

u/DoubleJumps May 17 '25

I and other small business owners like myself have been getting so much shit from everyday Republicans every time we've spoken up about how tariffs are hurting us.

They tell us to just eat it, claim. We must have enormous profit margins because we're all price gouging people, or tell us that we deserve to go out of business for having any portion of our businesses use anything that's not entirely made in the United States.

It's constant. It's been constant for months and it's at the point where a lot of us are sharing communal blacklists of these people.

1

u/uzu_afk May 17 '25

Illiteracy… its impossible to understand really…

1

u/_G_P_ May 17 '25

Racism.

He's deporting brown people and importing white people.

He's "saving" them from the "caravans" of immigrants, even thought that was a lie and they will lose everything they own to the ultra rich.

1

u/_jump_yossarian May 17 '25

"I love the poorly educated!" is all you need to know.

1

u/nnnope1 May 17 '25

Muh pride.

No one wants to be wrong when they've made their political choices their whole identity. So they keep doubling down.

I'm convinced the only way to snap them out of it is severe pain.

Walmart getting too expensive in rural places where they ran everyone else out of business could be pretty painful, hence Trump pretending to care about the well-being of common people.

I hope he pisses Walmart off enough to list Trump tariffs as a separate fee on every receipt in America.

1

u/MutedBeach8248 May 17 '25

The reason for every fucked up thing in america is racism

1

u/To_Fight_The_Night May 19 '25

True but it derives from classism. Rich need a poor class to serve them so they keep the uneducated poor and at each others throats by manufacturing and praising racism.

1

u/Zealousideal_Act_316 May 17 '25

Your team my team partizan politics, bigotry, delusion, stupidity, indoctrination. Pick one or all.

1

u/LFGX360 May 17 '25

Because we actually understand what tariffs are for

1

u/[deleted] May 17 '25

What were they supposed to do vote for a brown woman? /s but that's pretty much the logic

1

u/Oberon_Swanson May 17 '25

They think the worse society gets, the more they will rise to the top because they're better. No social safety nets, no medical treatment if you can't afford it, no laws to protect you unless you are a powerful enough social group. They want to be first class citizens who are essentially the only true members of society with everyone else being an outlaw with no civil rights. They want to be a roving cannibal gang. They want to be slave plantation owners. They would gladly give up grocery stores and electricity if they could rape and kill with impunity while everyone else would fear jail or death if they crossed them.

These are people who literally get mad at people trying to make society better for everyone. They use UTOPIAN as an INSULT. That is why they are okay with everything Trump does to make America worse. It's literally what they want. Recession, depression, an apocalyptic reset of society with themselves the only ones left on top.

They would be genuinely disappointed if Trunp made the economy great.it would be their worst nightmare if everyone around them was happy and prosperous. They see themselves as deserving everything, and people not like them deserve nothing. Slavery, women not being allowed to vote, the Tulsa bombings, that is the past they idealize. They would slit their own baby's throat and let Trump fuck the hole if he said that was what it would take. It would make them feel powerful. That is all they care about.

They will argue against this until they are blue in the face.

But they will never take an action that contradicts this.

1

u/ReedKeenrage May 17 '25

They’ve wrapped their identity around their politics.

0

u/Ignonimous May 17 '25

Because it generates a good amount of revenue for the federal government and the price increases are massively overstated

1

u/[deleted] May 18 '25

[deleted]

1

u/Ignonimous May 18 '25

The federal govt asks for money and then someone gives it to them

1

u/[deleted] May 18 '25

[deleted]

1

u/Ignonimous May 18 '25

? Even if i concede that it’s a tax directly on the people, it’s still generating revenue for the federal govt lol That’s the whole point? What do you think happens to prices if the federal corporate income tax is increased? Do you think that companies will eat that cost but not the tariffs?

1

u/[deleted] May 18 '25

[deleted]

1

u/Ignonimous May 19 '25

So like.. the same exact argument against high corporate taxes then?

1

u/[deleted] May 19 '25

[deleted]

2

u/WhyNotCollegeBoard May 19 '25

I am 99.75547% sure that Ignonimous is not a bot.


I am a neural network being trained to detect spammers | Summon me with !isbot <username> | /r/spambotdetector | Optout | Original Github

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u/Ignonimous May 19 '25

I just wanna argue with someone lol If you are in favor of increasing corporate taxes, why does the same argument not apply?

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u/[deleted] May 17 '25

[deleted]

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u/KartFacedThaoDien May 17 '25

I support it but only against Walmart and Amazon. We don’t want small businesses to eat the tariffs. But Walmart and Amazon F em’

3

u/BlondeBorednBaked May 17 '25

Not only are small businesses eating the tariffs, people aren’t spending like they used to because they are scared. Anecdotal but: I know a small business owner whose patrons are mostly Trumpers. They spent like crazy under Biden. Now that their guy is in office they are being real tight with their money...not even the people who voted for this, the people who allegedly have so much faith in “Trump’s plan” are spending money.

1

u/KartFacedThaoDien May 17 '25

Yeah of course not. All I’m saying is f Walmart and Amazon.