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#jaredbernstein — Public Fediverse posts

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  1. #Trump admin is raising #prices that are at the heart of the #affordability crisis". --#JaredBernstein

    Post-trade war, tariffs are up $21 billion/month.

    Or $736/year for every man, woman. & child living in the US.

    At the moment, importers are eating a lot of this tax, but sometime this year, much of this will pass through to consumers. The rest will result in lower margin for businesses without #monopoly power.

    econjared.substack.com/p/did-s

    #Tariffs #Inflation #PoliEcon

  2. CW: Long thread/10

    The progressive wing of the party bargained for these key appointments and then played their cards very well, getting incredible, hard-charging, hyper-competent fighters in those roles.

    Likewise, #JaredBernstein, *finally* confirmed as #CouncilOfEconomicAdvisors chair after an interminable wrangle:

    prospect.org/blogs-and-newslet

    10/