anonymoose
Classical Liberal
The economists haven't been right yet. Apparently, you enjoy being wrong and stupid on just about everything.![]()
And all of Trumps tariffs are (assuming you mean’not’) in place yet , and after they are you need to give them time to work through the system.
Then we will see
The tariffs are in place, Tball. There is no 'system' to 'work through'.
From today’s far left NYTimes:
The Tariffs Kicked In. The Sky Didn’t Fall. Were the Economists Wrong?
In part it’s because economists, including me, suffer from tariff derangement syndrome. We find ourselves disproportionately worked up every time they are increased.Finally, there is the stock market, which is unfazed and setting records.
When economists and business leaders were warning about recession, it wasn’t just because of what tariffs did to the $3 trillion of our economy that was imports. It was more because of what record levels of economic policy uncertainty would do to the other $26 trillion, by stymieing investment decisions and consumer spending. Right now it looks as if all that uncertainty was closer to a momentary panic and background noise than something of lasting consequence.
Author: Jason Furmam
28th Chair of the Council of Economic Advisers
In office
August 2, 2013 – January 20, 2017
Barack ObamaAugust 2, 2013 – January 20, 2017

Jason Furman - Wikipedia
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