Thursday, April 10, 2025

'Sick patient'? Go to the mirror, Donald Trump!

 
Headline:  New York Times, 4/4/2025

Tony Romm and Colby Smith report
A new analysis from the Yale Budget Lab found that Mr. Trump’s overall tariffs could cause price levels to rise 2.3 percent in the short term. That would translate into an average loss of $3,800 in purchasing power per household based on 2024 dollars. 
“Prices are going to go up, period,” said Martha Gimbel, executive director of the Yale Budget Lab, adding that companies were going to feel the immediate pinch. “These are really big tariffs. These are not things we can expect companies to just absorb.”

Related posts:
April 2025
GET ME REWRITE: Unhinged Donald Trump doubles down on tariffs.  (4/9)

March 2025
Hire a clown, expect a circus:  Trump Treasury secretary Scott Bessent (net worth: $521 million) sez “access to cheap goods is not the essence of the American dream"   (3/31)
Trump lackey Peter Navarro sez, "Trust in Trump."  Best not to take any advice from this clown..  (3/31)
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