“This is a deliberate lie. Tariffs are essentially taxes on imported products, and they are paid not by foreign countries but by American consumers. Economists warn that Trump’s tariff plan would cost a typical family an average of more than $2,600 a year, with poorer families hardest hit; spike inflation as high as 20%; result in 50,000 to 70,000 fewer jobs created each month; slow economic growth; and add about $5.8 trillion in deficits over ten years.”
https://open.substack.com/pub/heathercoxrichardson/p/october-5-2024
cwgrody /
npub1g0…0ctlr
2024-10-06 08:43:48
Author Public Key
npub1g0nvy6grxm05x2lup242trf2jkpkkz7g0yt09m390leum7260c4sz0ctlrPublished at
2024-10-06 08:43:48Event JSON
{
"id": "dc9de6a3910b13e68fadf90195cea59b18805569fa166dbcf33a8f7766229b17",
"pubkey": "43e6c2690336df432bfc0aaaa58d2a95836b0bc87916f2ee257ff3cdf95a7e2b",
"created_at": 1728204228,
"kind": 1,
"tags": [
[
"proxy",
"https://mastodon.sdf.org/users/cwgrody/statuses/113259592337073233",
"activitypub"
]
],
"content": "“This is a deliberate lie. Tariffs are essentially taxes on imported products, and they are paid not by foreign countries but by American consumers. Economists warn that Trump’s tariff plan would cost a typical family an average of more than $2,600 a year, with poorer families hardest hit; spike inflation as high as 20%; result in 50,000 to 70,000 fewer jobs created each month; slow economic growth; and add about $5.8 trillion in deficits over ten years.”\n\nhttps://open.substack.com/pub/heathercoxrichardson/p/october-5-2024",
"sig": "90015fb0b1e3fb983eaaee0016d730aef1443315ea23d4a7fbab1fd3c5f57531e404b9783e1a08bfeb5b22bdd63340b8d9b50fa49c682b49a93c17064ff0ff95"
}