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#SummerOfScarcity
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#Summerofscarcity @carlquintanilla.bsky.social

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#SummerOfScarcity

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And we deserve it.
#SummerOfScarcity

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“Let them eat cake.” was supposedly Queen Marie Antoinette’s response, when told the people had no bread to eat.

I think America is symbolically there, now, this summer.

#SummerOfScarcity

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#SummerofScarcity

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Preview
Jobs at the Port of Los Angeles are down by half, executive director says As President Trump's tariffs rattle American importers and businesses, work opportunities at the Port of Los Angeles are dropping to new lows.

Nearly half of the longshoremen who support operations at the Port of Los Angeles went without work over the last two weeks, according to executive director Gene Seroka.

LA port processed 25% less cargo in May than had been forecast

#SummerOfScarcity #TrumpTariffs

www.latimes.com/business/sto...

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Miller continues, "May's PMI level is not indicative of a severe contraction, but rather uncertainty that is being expressed broadly among ISM Services Business Survey panelists. The average reading of 50.8 indicates expansion in that time period, but it is a notable shift of 2 percentage points below its average of 52.8 percent over the previous nine months. The New Orders Index moved into contraction territory for the first time in nearly a year. Tariff impacts are likely elevating prices paid by services sector companies, with the Prices Index hitting its highest level since November 2022, when the Bureau of Labor Statistics' CPI indicated that prices had increased 7.1 percent as compared to November 2021. Respondents continued to report difficulty in forecasting and planning due to longer-term tariff uncertainty and frequently cited efforts to delay or minimize ordering until impacts become clearer."

Miller continues, "May's PMI level is not indicative of a severe contraction, but rather uncertainty that is being expressed broadly among ISM Services Business Survey panelists. The average reading of 50.8 indicates expansion in that time period, but it is a notable shift of 2 percentage points below its average of 52.8 percent over the previous nine months. The New Orders Index moved into contraction territory for the first time in nearly a year. Tariff impacts are likely elevating prices paid by services sector companies, with the Prices Index hitting its highest level since November 2022, when the Bureau of Labor Statistics' CPI indicated that prices had increased 7.1 percent as compared to November 2021. Respondents continued to report difficulty in forecasting and planning due to longer-term tariff uncertainty and frequently cited efforts to delay or minimize ordering until impacts become clearer."

The world's oldest & largest supply management association the Institute for Supply Management:

Services in contraction.
US business stockpiles and orders are already running down. Prices rising.

US is stalling
#SummerOfScarcity
www.prnewswire.com/news-release...

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#SummerofScarcity

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#SummerOfScarcity #EconomyCollapsing #GreatDepression coming.

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#SummerOfScarcity

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“.. we might get shortages (of toys, appliances, household goods, etc.) much sooner ..

#SummerOfScarcity 🇺🇸

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#SummerOfScarcity does sound right

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#SummerOfScarcity 🤡

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#SummerOfScarcity
WSJ columnist Christopher Mims has written a book about (as he puts it) “the global system of trade we’re currently flushing down the toilet.”

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#SummerofScarcity

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“.. It’s almost like we’re speeding towards a brick wall but the driver of the car doesn’t see it yet. By the time he does, it’ll be too late to hit the brakes.”

@nytimes.com
#SummerOfScarcity 🇺🇸
www.nytimes.com/2025/05/01/b...

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#SummerOfScarcity

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The coming days are bringing higher prices and disrupted supply chains, this time not because of a pandemic or a war, but self-inflicted by our country's government under this president.

#summerofscarcity

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The way things are going it’s not only going to be a #SummerOfScarcity it’s gonna be a #FallOfScarcity and a #ChristmasOfScarcity
Happy Back-to-school season folks…

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“.. I've seen a lot of small to medium-sized businesses just choose to exit the market altogether," she added.

@reuters.com
#SummerOfScarcity 🤡
www.reuters.com/business/ret...

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#SummerOfScarcity pass it on

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The #SummerofScarcity is baked in already. #EconSky #Trumpcession

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I'm expecting to see Americans lined up for bread next. It sure seems like you're quickly morphing into the Soviet Union over there. #emptyshelves #summerofscarcity #fucktrump

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Is it just me or is the US morphing into the Soviet Union?
I'm expecting to see Americans lined up for bread next. #summerofscarcity #emptyshelves #fucktrump

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This isn't even a jab - the US is morphing into the Soviet Union #summerofscarcity #fucktrump

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WAPO: “.. the pain is not moving at the speed of the stock market, news cycle or Trump’s social-media habit.

“.. It’s moving at the speed of those ships ..”

#SummerOfScarcity 🇺🇸

@postopinions.bsky.social
www.washingtonpost.com/opinions/202...

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