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Originally Posted by ClapperZapper
Reality is, a guy retired pre-social security age with a 1 mil portfolio Feb 1st, that takes his monthly withdrawal of an annual 4% to cover his household, is still out more than 50k to date.

Reality is if I guy retired pre social security age and couldn’t live off the income from his portfolio and pension shouldn’t have retired.


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Either go back to work or get a side hustle.

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Originally Posted by lonesome roads
Originally Posted by ClapperZapper
Reality is, a guy retired pre-social security age with a 1 mil portfolio Feb 1st, that takes his monthly withdrawal of an annual 4% to cover his household, is still out more than 50k to date.

Reality is if I guy retired pre social security age and couldn’t live off the income from his portfolio and pension shouldn’t have retired.


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Either go back to work or get a side hustle.

Here ‘ya go, Lonny!

https://www.ziprecruiter.com/c/Arbys/Job/Team-Member-Hiring-Immediately/-in-Detroit,MI?jid=e7e968e3408de251

Best,
Ted

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Discounted curly fries and non slip shoe program-it’s you, dood.

keith #662460 06/30/25 11:54 PM
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Last edited by Jimmy W; 07/01/25 04:21 PM.
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keith #662463 07/01/25 02:27 AM
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Originally Posted by keith
Originally Posted by Mike Harrell
My first firearm from England since the new tariffs took effect, hit the states yesterday. Added a charge of $136 for the one rifle. Since I believe it's based on amount of the rifle's value, I paid 1000 pounds for the rifle.

We had been led to believe, by some Liberal snowflakes here who are afflicted with Trump Derangement Syndrome, that these Tariffs would be the end of the world.

Actually, that seems pretty benign, especially if it leads to better Trade Deals and future investments in U.S. production and employment opportunities.

And when you compare it to the huge price increases for nearly everything as a result of insane Democrat policies that created the Inflation of the Biden years, well really, there is no comparison. We now pay at least 25% more on average for the things we consume, and the value of retirement savings and investments were diminished by a like amount. Food, fuel, groceries, automobiles, travel, housing, rent, and utility costs all went up dramatically under Democrat rule. On top of that, we all paid hundreds of billions for the Democrats to illegally import at least 12-15 million additional illegal immigrants, and to then pay to give them free housing, education, health care, food, cell phones, etc. And now we have to pay again to round them up and deport them.

But for some odd reason, the whiners who cry about Trump Tariffs never say a word about this far worse economic damage that affected every U.S. citizen, not just the occasional foreign gun buyer.

I get what you are saying there but strangely ,here in UK we have suffered exactly the same scenario despite having a Conservative,supposedly right wing ,Government.............go figure.

CJF #662482 07/01/25 01:05 PM
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CJF: my source for my post was an article I read about a month ago. Unfortunately, I can’t find a link and I can’t remember where I saw it. In lieu of this I searched for information supporting my statement. In a survey dated June 2 posted by the NY Fed on their website, respondents to the survey indicated most businesses are passing tariff costs on to customers, about 45%. The remainder of respondents indicated they are passing some but maybe not all tariff costs onto customers. It seems there is no clear answer now, but maybe in six months. So the long and short of it is some tariffs are being passed on and some are not. My broad brush comment is not entirely correct. Your post was very informative and made me dig deeper and I thank you.

I still say the tariff, as it applies to firearms, should be a point of negotiation. 10% is nothing to sneeze at.

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Thank you eeb for the kind comment. I usually learn something new too when I put those together. We are all in this together. Regards. CJF

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Imperdix #662490 07/01/25 03:48 PM
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Originally Posted by Imperdix
I get what you are saying there but strangely ,here in UK we have suffered exactly the same scenario despite having a Conservative,supposedly right wing ,Government.............go figure.

Right wing and conservative mean different things here in the wild, wild, west.


[Linked Image from i.ibb.co]

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Ted

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eeb #662492 07/01/25 04:58 PM
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Originally Posted by eeb
I still say the tariff, as it applies to firearms, should be a point of negotiation. 10% is nothing to sneeze at.

That surprises me. If I wanted a particular gun that would have to be imported I would not balk at a 10% increase if it is part of the overall plan to get imports and exports back on a level playing field.

Lucky me, I already own all the imported guns I care to own, and can be totally happy with buying American made vintage from here on out .I would like to order a 31" barreled .410, which would come from Italy, but if I did i could live with a 10% tariff. Or, I could die happy without it


May God bless America and those who defend her.
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Jimmy W #662499 07/01/25 07:19 PM
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Originally Posted by Jimmy W
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It is said that if you give 1000 monkeys 1000 typewriters for 1000 years, one of them will write a book.

And here we see DimmyW just made his first intelligent post...

This is truly a MAGA moment!


Voting for anti-gun Democrats is dumber than giving treats to a dog that shits on a Persian Rug

CJF #662514 07/02/25 12:30 AM
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Originally Posted by CJF
Originally Posted by arrieta2
I think in the long run it will be good for the US. Sure we are going to pay more but hopefully we can get more things made in the US and put more folks to work.

As far as guns go it will probably be more of a problem for buyers looking to buy foreign budget guns.

JOhn
Arrieta
Quality Arms

I also suspect leveling the playing field from a tariff perspective will help the US in the long run. And I agree w/ your comment about the affordability of foreign budget guns. I'm worried about this actually creating good jobs.

Today unemployment is 4%. Slightly above last year. But still very low compared to my lifetime. Our economy is the biggest and best in the world. We achieved that without a level playing field because we're blessed with immense natural resources, a highly educated workforce, a decent legal system and a couple of oceans to watch our back.

My concern is that even if this policy change increases domestic manufacturing, will those jobs pay enough to afford a house for your family and a decent life? Manufacturing job incomes haven't increased. Their productivity has, but the wealth created by that is going to the shareholders and the executive team. Not the guy making stuff. He's hoping to keep up with inflation. Treading water. Meanwhile his parents and his house are getting older and demanding more of his time and money. I don't see how tariffs dramatically increase the demand for skilled US manufacturing jobs such that wages grow enough to make these jobs a viable entry point into the middle class, without a spouse also working.

something else to consider....https://businessnews.com.my/2025/03/29/trumps-plan-devalue-dollar/

like many of us here, i'm 75 and retired - meaning i depend on dollar based investment funds (and social security) to live on. any devaluation of currency value will hit most of us square in the kisser...

i am cursed by a second major in economics....and that colors my views of such things. in 1994, el presidente zedilla devalued the mexican peso - and that set into motion some very undesirable effects...not the least of which was the increase in illegal immigration with has plagued us for three decades.

read through this wiki article, and consider the open ended risks that come with this bold notion - https://en.wikipedia.org/wiki/Mexican_peso_crisis


"it's a poor sort of memory that only works backwards."
lewis carroll, Alice in Wonderland
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