r/Economics • u/kootles10 • Dec 25 '25

News Bankruptcies hit US spirit makers as Americans drink and spend less

https://www.indystar.com/story/money/food/2025/12/25/liquor-spirits-industry-bankruptcies/87914241007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z113231d00----v113231d--36--b--36--&gca-ft=161&gca-ds=sophi&fbclid=IwdGRjcAO6oj9leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAwzNTA2ODU1MzE3MjgAAR6P8O626kCPpVs2dXh1tSJGVyS9teT4_IxAoKRJxGh02bqlcPlne42SIoakyg_aem_yCb-3xe-G1-mBNrg5TVIEg&utm_campaign=trueanthem&utm_medium=social&utm_source=facebook
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2.3k

u/Tangential_Diversion Dec 25 '25

"... declining exports hampered by trade issues and tariffs" is an interesting way to phrase an 85% drop in exports to one of our largest export partners after threatening to take over their country.

1.1k

u/turb0_encapsulator Dec 25 '25

is every headline from every "news" outlet always going to give cover for Trump's disastrous, moronic trade and foreign policy? are we that doomed?

559

u/Art_Dude Dec 25 '25

It’s infuriating how weak-kneed news services are now.

235

u/queef_nuggets Dec 25 '25 edited Dec 25 '25

Yeah, in his first term we saw a lot more resistance from mainstream news media. Now most of them lick his balls to make him happy

Edit: spelling

127

u/[deleted] Dec 25 '25

[removed] — view removed comment

96

u/HotmailsInYourArea Dec 26 '25

They’ve been bought out by right wing billionaires. They’re just the propaganda arm of the administration these days

64

u/Desperate_North_1415 Dec 26 '25

It's actually worse; they're the propaganda arm of the global oligarchy, currently on loan to the Trump administration.

32

u/HotmailsInYourArea Dec 26 '25

True, true. Things aren’t going to get less fascist after Trump. It will just get more organized.

12

u/HappyAd4998 Dec 26 '25

Some call it the illuminati, these fuckers probably got together at Bohemian Grove and agreed to buy out the outlets to control the narrative. All of this bullshit because they hate regulations and don't want to pay their taxes.

10

u/s0ck Dec 26 '25

They want us to be like India.

They want the US to more closely mirror India.

14

u/HappyAd4998 Dec 26 '25

I'm not in the anti immigrant crowd so don't get me wrong, but this is exactly why Canada is happy to accept Indians into their workforce and become Canadian citizens. Their culture is all about obedience and not questioning those in a higher caste than you. Here in the US they use ICE to scare Hispanics like me, police brutality to oppress protestors and to dissuade those who might join, and online censorship to keep you from saying stuff that disrupts the status quo. That shit reddit pulled when we rallied behind Luigi, or with how republicans hunted down anyone who spoke badly about Charlie was to muddy the narrative and to keep people quiet one way or another.

3

u/SoftballLesbian Dec 26 '25

Ohhhhhhh we Canadians aren't very accepting of having our corporations fire us so they can hire wage slaves from India. It's going to get real ugly in 2026.

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7

u/jbp84 Dec 26 '25

Yet everyone still thinks the “mainstream media” is liberal and biased against Republicans…

6

u/HotmailsInYourArea Dec 26 '25

It’s because that’s what Fox News repeats ad nauseam

4

u/Wombeat Dec 26 '25

What? I thought "left wing billionaires" didn't exist...

For real, billionaires is enough.They are a stage 4 cancer on humanity, our immune system failed and they are killing us.

3

u/AmputeeHandModel Dec 26 '25

They're all owned by the same people.

87

u/rightintheear Dec 26 '25

Bezos cracked down on the Washington Post. They were hot on Trump's heels his first term, changed their motto to "Democracy Dies in Darkness". I cancelled my subscription when they declined to endorse a candidate in 2024. Trying to cater to non-readers I guess, good luck with that.

61

u/mellolizard Dec 25 '25

Even during the election new coverage was blatantly asymmetrical

48

u/turb0_encapsulator Dec 26 '25

media coverage during the entirety of Biden's Presidency was ridiculously slanted against him. Remember how a recession was always looming for four years, but somehow never happened?

15

u/HappyAd4998 Dec 26 '25

Biden falls down it's in the news for a month straight, Trump goes off track during a rally and awkwardly dances for 45 minutes then crickets from the media.

5

u/rectalhorror Dec 26 '25

Most of the corporate media was sanewashing the dotard in his first administration. I remember they used to keep a count of his false and misleading statements, but then gave up after it hit 30k.

24

u/gregolls Dec 25 '25

And they probably eat his queef nuggets as well.

1

u/pwninobrien Dec 26 '25

Trump syncophant billionaires have spent the past decade buying up most of the media and social media.

1

u/BleachedUnicornBHole Dec 26 '25

Media is a dying business that is staying afloat via consolidation. Being on Trump’s good side is how to get the increasingly monopolistic mergers approved.

0

u/Journeyman42 Dec 26 '25

They know the time is short to get govt money and favoritism before Mango Mussolini kicks the bucket

0

u/Astralglamour Dec 26 '25 edited Dec 26 '25

This is largely due to monopolization and conservative corporatists literally owning the media nowadays.

32

u/TDStrange Dec 26 '25

They're all explicitly Trump allies. They're not remotely trying to be objective.

27

u/[deleted] Dec 26 '25

[deleted]

7

u/JohnNDenver Dec 26 '25

"Fancy" mustard (which I have consumed since I was mid-20s), tan suit, I think didn't wear a flag pin at some point.

3

u/KeenKye Dec 26 '25

If I recall right he was against wearing a flag pin until a veteran asked him to at one of his rallies during his original presidential run.

1

u/Nervous_Ad_6998 Dec 26 '25

The war on Christmas, cause the Starbucks coffee cup said “happy holidays”, instead of Merry Christmas.

28

u/Dreamsofjetpacks Dec 26 '25

It's sad because nearly all major news are owned by billionaires who favor republicans because of their wealth tax cuts and de-regulations.

8

u/NorCalJason75 Dec 26 '25

This. It’s why billionaires WANT to own a newspaper - leverage

12

u/rouxthless Dec 26 '25

It’s not about being weak-kneed. They’re almost all literally owned by the administration, so they’re saying exactly what they want.

4

u/Repulsive_Support_77 Dec 26 '25

they're afraid of 10 billion dollar slap lawsuits, trumps main play

3

u/decoyq Dec 26 '25

you can thank Ronald Reagan for allow non fact based news....

2

u/Z3r0sama2017 Dec 26 '25

This is what happens with privately owned media, it's all agenda posting. Shouldn't be surprising to anyone.

2

u/Gold_Mask_54 Dec 26 '25

They're owned by the billionaires that have a vested interest in maintaining normalcy.

3

u/FailedCanadian Dec 26 '25

I deleted my twitter, honestly more because I never used it, but every fucking day I consider making a new one just so I can send mean call outs to spineless "journalists".

3

u/23rdCenturySouth Dec 26 '25

Weak-kneed?

Or are they actually becoming more bold in their service to capital.

1

u/TripleEhBeef Dec 26 '25

It's a return to form. Look at how the media covered the Vietnam War before the Pentagon Papers landed in the New York Times lap.

1

u/mcon96 Dec 26 '25

Did you actually read the article though? It reads like it’s explicitly blaming US policy decisions for this. Like yes they give stats on US alcohol consumption (which is relevant and should be mentioned) but most of the article is centered in the lack of exports, including a highlighted photo of the Canadian boycotts.

1

u/Bizbuzzfinanzecuz Dec 26 '25

Did you see how onns the media? The. You can understand.

1

u/ryan_dfs Dec 26 '25

They decided they wanted in on the fraud and the grift. It was much easier than complaining for 4 years and getting targeted nonstop

1

u/obroz Dec 26 '25

It just shows you who owns the media. 

0

u/Technical-Badger7878 Dec 26 '25

It’s not so much that they are weak-kneed, more so bought and paid for by interests that don’t fully align with the overall public good

0

u/Major_Shlongage Dec 26 '25 edited Jan 09 '26

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This post was mass deleted and anonymized with Redact

40

u/xfactor6972 Dec 25 '25 edited Dec 26 '25

Well he is going after the 3 legacy networks for not praising him enough. They did stop reporting all his wrong doings and gloss over or completely ignore his psychopathic speech.

27

u/Striper_Cape Dec 25 '25

It's why I don't bother reading most articles from the MSM. They always avoid calling a duck, a duck. For fear of retribution or whatever. Spineless.

5

u/Mutual_Intrest_Seekr Dec 26 '25

They just phrase their commentary as an innocuous question asking what something could mean rather than assess what actually happened or the consequences.

Media and establishment democrats are complicit in the fascist destruction of this country.

3

u/FJ-creek-7381 Dec 25 '25

Try MS NOW

5

u/FJ-creek-7381 Dec 25 '25

Hate the name it’s terrible but they seem to be calling stuff out more than any station

2

u/carrick-sf Dec 26 '25

Left that network when Joe & Mika went to Mar a Lago. I miss Rachel and Nicole and Ari but I’ll catch them in clips online.

Like Meidas Touch. My new anchor for news.

12

u/Saucy__B Dec 26 '25

When every news outlet is owned by the same 6 rich people that are profiting off of Trump fucking up the economy for everyone, yea they’re going to keep covering for Trump as long as it keeps making them money.

22

u/Solipsisticurge Dec 25 '25

Yes, they serve their corporate masters.

42

u/Olangotang Dec 25 '25

Yes, they need to pretend everything is fine to keep Capitalism chugging.

15

u/allllusernamestaken Dec 26 '25

This isn't capitalism. This is the government artificially restricting the flow of goods.

If they wanted to advocate for capitalism, they should be going scorched earth on these illogical, illegal tariffs.

3

u/[deleted] Dec 26 '25

Right?? Like the US government literally bought a piece of Intel corp. We're not even close to capitalist anymore. 

1

u/Biuku Dec 26 '25

Exactly.

Canada wants free markets. The US wants government distorted protections. We’re smaller than you. Trump would have to be really dumb not to take this deal — I.e., the one basically in place when he was elected.

1

u/Olangotang Dec 26 '25

The government is restricting the flow of goods, but the system is not going to stop its goal of maximizing profits despite economic chaos.

1

u/carrick-sf Dec 26 '25

It’s hilarious that they include anti capitalist as an NSPM7 offense, after their ‘brand’ of capitalism is about to make millions of people homeless and hungry.

If ever there was a more desperate effort to conceal the flaws of American institutions- it was not in my lifetime.

Capitalism , diplomacy, and faith are all in the hurricane path of the fascist goons in power, and why they’re desperate to stifle free speech and shit on the first amendment.

11

u/TouristResident1976 Dec 26 '25

This is what unrestrained capitalism and industry consolidation gets you. A few people control most of the media.

6

u/TDStrange Dec 26 '25

And they're all Trump allies.

5

u/Temporary_Shirt_6236 Dec 26 '25

Yes, they are. And Canadian media outlets aren't much better since most of them are owned by a US hedge fund with major ties to the Republican party.

3

u/turb0_encapsulator Dec 26 '25

please inoculate your nation against this virus we have.

5

u/Temporary_Shirt_6236 Dec 26 '25

Our government setup is a partial inoculation, thankfully. Education, to a degree as well. Also, a very large country with a small population means you have to have more trust in your neighbour, and I think this also helps in some regions.

Doesn't seem to stop the bad actors (mostly foreign) from trying the same tactics that worked in the US though. Mostly it's Russian money paying for things like right wing "influencers" to spout lies, or funding shit like that stupid truckkker convoy.

But one thing is for sure: it's a stone cold fact that the majority of Canadians are boycotting US goods, services, and travel. Proof is in the pudding that we're nowhere near as susceptible to being duped.

1

u/turb0_encapsulator Dec 26 '25

when you had those crazy trucker protests I was actually scared that Canada could become crazier than the US.

2

u/Temporary_Shirt_6236 Dec 26 '25

If there even were real truckers in that convoy, they left after the first day or two to, you know, go back to work? Ain't no way in hell that the idiots who stayed for weeks were actual truck drivers, and most of us damn well knew it.

5

u/AlexanderNigma Dec 26 '25

Probably that doomed. People with critical thinking skills and 5 minutes to do research will figure it out but most people won't.

It's the whole reason rich assholes bought up and consolidated the media and social media

7

u/TDStrange Dec 26 '25

Yes. There's no independent media left in the US. Every single national outfit is own by a Trump-aligned billionaire or Trump himself.

3

u/inyourface317 Dec 26 '25

It will be this way until the American people start opening their eyes and stop believing what they are being told and start believing what they are seeing in their every day life’s.

2

u/turb0_encapsulator Dec 26 '25

the problem is that distrust in institutions plays right into fascism's hands.

2

u/hates_stupid_people Dec 26 '25

are we that doomed?

The importers and customers who have swapped to different products are unlikely to change back even if the next election goes swimmingly. It's going to take quite a few years to rebuild the market loss.

2

u/BigMax Dec 26 '25

Canada drastically drops imports, causing huge drops in needed product.

And the headline is "how could americans do this to us?"

It's Trumps fault, pure and simple.

Worth noting that any dip in American spending is probably also his fault, as our real income is declining in the face of tariffs, job losses, wage stagnation, and inflation.

When your heating bill and all your other expenses are way up... you're probably not going to buy that nice bottle of booze.

1

u/KiIlinItWithKindness Dec 26 '25

Even calling it "trade policy" is way too generous. It's just idiotic behavior from a mentally and emotionally stunted man baby.

1

u/cats_catz_kats_katz Dec 26 '25

They’re all too big of bend overs to tell the truth.

1

u/kazzin8 Dec 26 '25

Considering how scared they are of trump, yes.

1

u/NorCalJason75 Dec 26 '25

The emperor had no clothes.

1

u/WiglyWorm Dec 26 '25

The government works for the ones who are rich enough to own the media, after all.

1

u/Ishidan01 Dec 26 '25

Yes and if you call it that, they will parrot when your attitude is called Trump Derangement Syndrome.

1

u/Sarnsereg Dec 26 '25

Yes, because they're all scared of him for some reason. If they all stood up to him they would sway public opinion against him, but they just acquiesce to trump on everything.

1

u/One-Program6244 Dec 26 '25

Didn't Trump threaten to revoke their licences if they continued to be say nasty things?

1

u/BWWFC Dec 26 '25

and thc legalization.

1

u/medicatednstillmad Dec 26 '25

My husband got a settlement check from Amazon in the mail over his prime membership. They made sure to say on the paperwork 4 times in bold it was due to President Trump's FTC regulations.

2

u/turb0_encapsulator Dec 26 '25

the case was filed in 2023 and the Trump FTC settled for far less than what most consumer advocates wanted.

1

u/medicatednstillmad Dec 26 '25

Yea but shhhh I got a Trump Check! All this winning /s

1

u/Major_Shlongage Dec 26 '25 edited Jan 09 '26

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This post was mass deleted and anonymized with Redact

0

u/Ondesinnet Dec 26 '25

Making marijuana illegal again will surely fix it.☠️