Not just the rejection of truth, punishment for the truth tellers.

berg80

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White House eyes punishments for economists who told the truth about tariffs, consumers​

Donald Trump’s top economist didn’t just disagree with consensus economic research, he also suggested he wants to see researchers “disciplined.”

Throughout his second term, Donald Trump has heard economists tell him that American consumers will end up shouldering the increased costs associated with his trade tariffs. The president has consistently rejected those analyses, despite everything we know about Economics 101.

Unfortunately for the White House, almost a year after Trump advanced his tariffs agenda, experts have scrutinized the evidence and concluded that their predictions were correct. From the Congressional Budget Office to international scholars to the National Bureau of Economic Research, all of the available data points in the same direction: American consumers, not foreign companies, are paying more as a result of the Republican president’s policy.

Last week, still more evidence emerged. Research published by economists at the Federal Reserve Bank of New York and Columbia University found that, through last fall, 90% of the economic burden from Trump’s tariffs fell on Americans, not foreigners.

The findings didn’t generate a ton of headlines or national discussion, which was understandable. After all, the economists and researchers had simply found evidence that proved what we already knew. That said, the reports made reality clear, in case there were any lingering doubts.

The trouble is, Team Trump doesn’t want economists and researchers to make reality clear.


Economists of all stripes have been naughty boys and girls. For nothing upsets the regime like advertising the facts when they run counter to its narrative. Most especially on Don's signature economic policy. The one he keeps pointing to as raking in a ton of cash.

He, and folks like the dutifully loyal Kevin Hassett, would rather we consumers not know where that cash is coming from. Our wallets. Tariffs equate to a tax on consumption. But don't try to tell Don that. He'll look at you as though you told him he lost the 2020 election. Or climate change is real. Or this isn't the greatest economy known to man. Or vaccines, not disinfectant, are the best way to combat a pandemic.
 

White House eyes punishments for economists who told the truth about tariffs, consumers​

Donald Trump’s top economist didn’t just disagree with consensus economic research, he also suggested he wants to see researchers “disciplined.”

Throughout his second term, Donald Trump has heard economists tell him that American consumers will end up shouldering the increased costs associated with his trade tariffs. The president has consistently rejected those analyses, despite everything we know about Economics 101.

Unfortunately for the White House, almost a year after Trump advanced his tariffs agenda, experts have scrutinized the evidence and concluded that their predictions were correct. From the Congressional Budget Office to international scholars to the National Bureau of Economic Research, all of the available data points in the same direction: American consumers, not foreign companies, are paying more as a result of the Republican president’s policy.

Last week, still more evidence emerged. Research published by economists at the Federal Reserve Bank of New York and Columbia University found that, through last fall, 90% of the economic burden from Trump’s tariffs fell on Americans, not foreigners.

The findings didn’t generate a ton of headlines or national discussion, which was understandable. After all, the economists and researchers had simply found evidence that proved what we already knew. That said, the reports made reality clear, in case there were any lingering doubts.

The trouble is, Team Trump doesn’t want economists and researchers to make reality clear.


Economists of all stripes have been naughty boys and girls. For nothing upsets the regime like advertising the facts when they run counter to its narrative. Most especially on Don's signature economic policy. The one he keeps pointing to as raking in a ton of cash.

He, and folks like the dutifully loyal Kevin Hassett, would rather we consumers not know where that cash is coming from. Our wallets. Tariffs equate to a tax on consumption. But don't try to tell Don that. He'll look at you as though you told him he lost the 2020 election. Or climate change is real. Or this isn't the greatest economy known to man. Or vaccines, not disinfectant, are the best way to combat a pandemic.
Yet another parallel to history.

And the flock cheers.
 
Paul Krugman released a related video on the subject, making a compelling case that Hassett’s call to discipline economists was “thuggish.” Krugman added, “That’s incredible. That’s like saying, ‘If you carefully study the data and come up with results that we in the Trump administration don’t like, we will punish you personally — or we will try to.”

As unlikely as it is, I am eagerly awaiting the day when a certified trump devotee puts partisanship aside and admits tariffs are not the panacea trump claims them to be and the regime shouldn't be contemplating punishment for those who say so.

But what is more likely is trumpers will avoid this thread.
 
Wait a sec....Now the moonbats are admitting and bemoaning that taxes just get passed along to the end consumers?

Tucker4.gif
 
As unlikely as it is, I am eagerly awaiting the day when a certified trump devotee puts partisanship aside and admits tariffs are not the panacea trump claims them to be and the regime shouldn't be contemplating punishment for those who say so.
That would require them to have an accurate fundamental understanding of business economics and macroeconomics, on top of putting partisanship aside.

That's an unlikely combination.
 
Yet another parallel to history.

And the flock cheers.
Russian (recent) history.

Top Russian Economist Dies After Falling out of Window​

1771506425819.webp
Newsweek
https://www.newsweek.com › News
Jul 24, 2024 — Valentina Bondarenko, a top Russian economist, has died at the age of 82 after falling out of her apartment window in Moscow.

Clumsy Russians.
 
That would require them to have an accurate fundamental understanding of business economics and macroeconomics, on top of putting partisanship aside.

That's an unlikely combination.
Would most of the insurrectionists in Prog cities work in China manufacturing plants if needed to? And more than that e competent compared to the Chinese working in those plants that closer to early 20th century in way workers are treated.
 

White House eyes punishments for economists who told the truth about tariffs, consumers​

Donald Trump’s top economist didn’t just disagree with consensus economic research, he also suggested he wants to see researchers “disciplined.”

Throughout his second term, Donald Trump has heard economists tell him that American consumers will end up shouldering the increased costs associated with his trade tariffs. The president has consistently rejected those analyses, despite everything we know about Economics 101.

Unfortunately for the White House, almost a year after Trump advanced his tariffs agenda, experts have scrutinized the evidence and concluded that their predictions were correct. From the Congressional Budget Office to international scholars to the National Bureau of Economic Research, all of the available data points in the same direction: American consumers, not foreign companies, are paying more as a result of the Republican president’s policy.

Last week, still more evidence emerged. Research published by economists at the Federal Reserve Bank of New York and Columbia University found that, through last fall, 90% of the economic burden from Trump’s tariffs fell on Americans, not foreigners.

The findings didn’t generate a ton of headlines or national discussion, which was understandable. After all, the economists and researchers had simply found evidence that proved what we already knew. That said, the reports made reality clear, in case there were any lingering doubts.

The trouble is, Team Trump doesn’t want economists and researchers to make reality clear.


Economists of all stripes have been naughty boys and girls. For nothing upsets the regime like advertising the facts when they run counter to its narrative. Most especially on Don's signature economic policy. The one he keeps pointing to as raking in a ton of cash.

He, and folks like the dutifully loyal Kevin Hassett, would rather we consumers not know where that cash is coming from. Our wallets. Tariffs equate to a tax on consumption. But don't try to tell Don that. He'll look at you as though you told him he lost the 2020 election. Or climate change is real. Or this isn't the greatest economy known to man. Or vaccines, not disinfectant, are the best way to combat a pandemic.
If you write a paper that wouldn't pass first year econ class analysis and is highly partisan, you should be discplined.
 
15th post
If you're a public figure who disagrees with Putin "falling" out a window must be close to being the primary cause of death.
You’d think with all those people falling out windows that they would mandate that bars be installed to prevent that

But then that would prevent that.

If you happen to be in DC look up occasionally
 
A tax on goods is the same as a tax on income??
No it isnt I dont have to buy anything but I have to pay taxes. When people refuse to buy the price drops. Dont pay taxes and the taxes go up. See the difference
 


Supreme Court Trump Tariff Ruling Tomorrow.

The U.S. Supreme Court is set to release its ruling on the legality of Trump’s tariffs on February 20, 24, and 25.

Trump always finds someone else to blame.


I've read a few articles positing the length of time it has taken to reach a ruling suggests the conservatives have once again bent over backwards to come up with something not as unfavorable to trump as the law implies it should.

That once venerable institution is lost to extreme right wing hackery for a generation.
 
I've read a few articles positing the length of time it has taken to reach a ruling suggests the conservatives have once again bent over backwards to come up with something not as unfavorable to trump as the law implies it should.

That once venerable institution is lost to extreme right wing hackery for a generation.
False if that was true inflation would be high. Manufacturers pay the tariffs. When people refuse to buy due to high prices the come down. We dont have to by but sellers must sell or go broke. Demand drops supply increases prices drop
 
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