Economists were wrong about tariffs. They need to figure out why.

[OrlandoDem2]

21. This is BS because he backed off a lot of tariffs, or lowered them drastically.

Plus, they were staggered. We are only just beginning to see the impact.

American farmers, however, are already reeling.

And even if inflation hovers at 3-4% (I think it’ll be higher), that’s still well above the 2% goal that economists like to see.

Furthermore, if importers eat most of the costs, that’s less profits for advertising, insurance coverage, R&D, expansion of any sort, raises, and so much more. Therefore money is taken out of the economy is numerous ways through these godforsaken tariffs!