Wednesday, April 29, 2026

Read all!-----The Impact of Tariffs,and the Economy at Large.

Judging from the almost identical speeches and press reports this election year – in the effort to obscure the clear Biden-Harris responsibility for the “Bidenflation” that has wreaked so much havoc on our economy – the official talking points on the “affordability” issue feature the claim that President Trump’s new import tariffs are a major cause of high prices. - American Free News Network - John F. Di Leo
Governors J.B. Pritzker and Kathy Hochul, for example – as the Democrat bosses of two of our bluest states – are demanding that the Trump administration write checks to their states, as if the full refunds to importers of all IEEPA tariffs collected from them over the past year, as mandated by the Supreme Court, were not enough...
  • We can dismiss some of this as political theatre...
  • But economics can’t be studied in a vacuum. 
  • To appreciate the impact of one item on an economy, we must compare it with other numbers...

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