Costs from Trump's tariffs paid almost entirely by US consumers, NY Fed saysOne might wonder what almost entirely means...
The New York Fed found that 90% of the cost ofincreased tariffs, which Trump imposed on goods from Mexico, China, Canada and the European Union, was paid for by companies and often passed on to shoppers.Another Trump lie shredded
"US firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
https://www.bbc.com/news/articles/c78x9256pn7otrump keeps lying because his dipshit voters believe everything he says without question. Even if their eyes, ears, brains, wallets, concerned relatives, etc tell them the truth. They just love the way he lies.
One might wonder what almost entirely means...
Another trump lie shredded Originally Posted by HDGristle
Americans don't have to pay the tariff. They can buy American-made alternatives instead. That's literally the point. Tariffs make domestic products more competitive. The NY Fed is framing a price signal as a tax. "Basic economics" indeed. Originally Posted by bambinoThey can buy an American alternative if it's available and if it's affordable.
UPDATE: Peter Doocy Dropped a jaw-dropping Fact-Check Comparing Inflation in Trump’s First Year to Biden’sKinda of disingenuous when you consider the context of being handed a mishandled pandemic plan vs being handed a country on the verge of sticking the soft landing.
• Overall inflation: Biden 4.3%, Trump 1.6%
• Grocery prices: Biden 3.8%, Trump 1.4%
• Gas prices: Biden +24.4%, Trump -5.4%
Trump is Making America Wealthy Again��
https://x.com/_postive_vibes/status/...063992460?s=42 Originally Posted by bambino
UPDATE: Peter Doocy Dropped a jaw-dropping Fact-Check Comparing Inflation in Trump’s First Year to Biden’s
• Overall inflation: Biden 4.3%, Trump 1.6%
• Grocery prices: Biden 3.8%, Trump 1.4%
• Gas prices: Biden +24.4%, Trump -5.4%
Trump is Making America Wealthy Again��
https://x.com/_postive_vibes/status/...063992460?s=42 Originally Posted by bambino
Kinda of disingenuous when you consider the context of being handed a mishandled pandemic plan vs being handed a country on the verge of sticking the soft landing. Originally Posted by HDGristleGood grief! The Democrats back in March 2021 bungled the pandemic recovery efforts and grossly over-heated the US economy - thereby stoking inflation for all Americans - when they passed the unneeded & recklessly irresponsible $1.9 trillion American Rescue Plan.
Americans don't have to pay the tariff. They can buy American-made alternatives instead. That's literally the point. Tariffs make domestic products more competitive. The NY Fed is framing a price signal as a tax. "Basic economics" indeed. Originally Posted by bambinoThat's a nice little narrative you got there. But there are many, many every day products that there simply aren't American-made alternatives for, or at least not affordable ones.
trump... has no idea what he's doing. He's making emotional decisions. Originally Posted by jayzee43Naaaahh... Trump's critics are the ones who are driven by sheer emotion.
The debate over President Trump's tariffs was never really about economics; it was about framing.
Instead of asking whether tariffs generated leverage, revenue or strategic correction, many observers chose a different path: emotional labeling. Tariffs were routinely described as “tantrums,” “outbursts” or “chaos.” Policy was treated as psychology. Outcomes were secondary to impressions...
When policy opponents avoid debating mechanisms and outcomes, it often signals that the results are inconvenient to their case...
From a persuasion standpoint, labeling Trump’s tariffs as “chaos” was more effective than arguing they were wrong. Emotional framing short-circuits analysis. If a policy can be made to feel reckless, it never has to be evaluated on its merits...
This explains the fixation on metaphors like “tantrum” or “bull in a china shop.” Those phrases do not describe outcomes; they cue emotional judgment against a president they oppose. They invite audiences to recoil rather than assess...
Persuasion tactics have a shelf life. When predicted disasters fail to materialize — when markets adjust, negotiations occur and revenues accrue — the emotional frame weakens. Repetition stops persuading and starts revealing intent.
That shift is now visible...
It was argued that tariffs would destroy growth. Growth continued. They were told prices would spiral uncontrollably. They didn’t. They were told allies would flee. Instead, negotiations intensified.
Over time, voters began to notice a pattern: The confidence of the predictions did not match their accuracy. That gap eroded trust in the framing itself.
In persuasion terms, audiences recalibrated. They began to distinguish between emotional anti-Trump storytelling and empirical reality. Once that happens, narratives lose force quickly...
The most revealing aspect of the tariff debate was not the policy, but the effort to delegitimize it through emotion rather than evidence. Calling tariffs “tantrums” was never analysis; it was persuasion — designed to make people feel before they thought. Originally Posted by lustylad
Not sure where Peter Doocy's numbers for "overall inflation" come from. I prefer to look at the 12-month CPI (Consumer Price Index) increase. Here's the comparison:The US Bureau of Labor. It’s in the video. He didn’t make them up. You can debate them if you want.
Jan. 2021: 1.4%
Jan. 2022: 7.5%
In his first year, Joe Biden accelerated the inflation rate by more than FIVE-FOLD!!
Jan. 2025: 3.0%
Jan. 2026: 2.4%
In his first year, despite all of the histrionics on the Left about how tariffs are stoking inflation, Trump somehow managed to slow inflation by 1/5! Originally Posted by lustylad
They can buy an American alternative if it's available and if it's affordable.Same thing for other countries slapping tariffs on our products. But our economy is much larger than theirs. Trumps trying to lower tariffs globally. We can do it the easy way or the hard way. It’s their choice.
That's why blanket tariffs were stupid. There's a plethora of goods we don't make and won't make anytime soon that aren't worth our time to make, ir that we could make but he's increased the input costs of. There are some goods that we don't have the expertise to make at the moment. There are other goods we simply can't and must import. Originally Posted by HDGristle
Naaaahh... trump's critics are the ones who are driven by sheer emotion.Typical trump/MAGA projection.
Go back and read what Steve Cortes said in post #1586: Originally Posted by lustylad
Good grief! The Democrats back in March 2021 bungled the pandemic recovery efforts and grossly over-heated the US economy - thereby stoking inflation for all Americans - when they passed the unneeded & recklessly irresponsible $1.9 trillion American Rescue Plan.Also a bit disingenuous, but I don't want to swat you quite yet when you're being useful
Obama's former top economist Larry Summers even warned his fellow Dems at the time NOT to pass that reckless spending bill. They ignored him, and inflation soared, just as he predicted!
Those are the facts! Please show more command of them. Originally Posted by lustylad