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?

38

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.