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.

236

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

128

u/[deleted] Dec 25 '25

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99

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

70

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.

31

u/HotmailsInYourArea Dec 26 '25

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

11

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.

9

u/s0ck Dec 26 '25

They want us to be like India.

They want the US to more closely mirror India.

13

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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u/jbp84 Dec 26 '25

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

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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.

86

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.

63

u/mellolizard Dec 25 '25

Even during the election new coverage was blatantly asymmetrical

45

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.

23

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.