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Affordability concerns are real because: - Tariffs raise import costs - Deportations make it harder to harvest crops - Attacking Obamacare hikes premiums - Budget deficits raise mortgage payments - Undermining the Fed risks inflation. It's not a hoax; it's a policy choice.

Justin Wolfers

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48,288 Aufrufe • vor 6 Monaten •via X (Twitter)

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"When we talk about affordability, so much of what's going on with prices is in fact a direct result of public policy. We've seen tariffs that have raised costs. We've seen a big rise in deportations, which are making it difficult for farmers to bring in their crops. We've seen health insurance premiums rise as Congress has fiddled with Obamacare... ...in every sense, affordability is actually the direct result of the actions of the White House."

"When we talk about affordability, so much of what's going on with prices is in fact a direct result of public policy. We've seen tariffs that have raised costs. We've seen a big rise in deportations, which are making it difficult for farmers to bring in their crops. We've seen health insurance premiums rise as Congress has fiddled with Obamacare... ...in every sense, affordability is actually the direct result of the actions of the White House."

Justin Wolfers

19,093 Aufrufe • vor 6 Monaten

There are only 3 outcomes if these super high tariffs are implemented: 1) companies don't raise costs (bad for stocks fine for consumers) 2) companies raise costs & consumers pay it (inflation) 3) companies raise costs & consumers pay it (recession) My base case: door #3

There are only 3 outcomes if these super high tariffs are implemented: 1) companies don't raise costs (bad for stocks fine for consumers) 2) companies raise costs & consumers pay it (inflation) 3) companies raise costs & consumers pay it (recession) My base case: door #3

Jack Farley

112,086 Aufrufe • vor 1 Jahr

Trump promised to lower costs and has now called the affordability crisis a “hoax.” It’s not a hoax. We need to address rising costs head on and make it easier to make ends meet.

Trump promised to lower costs and has now called the affordability crisis a “hoax.” It’s not a hoax. We need to address rising costs head on and make it easier to make ends meet.

Mandela Barnes

16,395 Aufrufe • vor 6 Monaten

"We're pro-affordability, but we're going to raise tariffs on you. We're pro-affordability, but we're going to undermine the Fed, which is going to potentially cause inflation. We're pro-affordability, but... we're going to rip the American health insurance system up."

"We're pro-affordability, but we're going to raise tariffs on you. We're pro-affordability, but we're going to undermine the Fed, which is going to potentially cause inflation. We're pro-affordability, but... we're going to rip the American health insurance system up."

Justin Wolfers

36,321 Aufrufe • vor 7 Monaten

“We haven’t seen price hikes yet” is not the win some folks think it is. Our data are backward looking, and many of the worst tariffs are in the midst of a soon-to-end 90 day pause. Economic gravity still applies: Tariffs raise costs, and someone's going to pay.

“We haven’t seen price hikes yet” is not the win some folks think it is. Our data are backward looking, and many of the worst tariffs are in the midst of a soon-to-end 90 day pause. Economic gravity still applies: Tariffs raise costs, and someone's going to pay.

Justin Wolfers

217,810 Aufrufe • vor 1 Jahr

Keynesians claim a Trump takeover of the Fed would raise inflation. But when Trump fired a Fed member yields plunged — even the 30-year. Suggesting Fed independence may *raise* inflation.

Keynesians claim a Trump takeover of the Fed would raise inflation. But when Trump fired a Fed member yields plunged — even the 30-year. Suggesting Fed independence may raise inflation.

Peter St Onge, Ph.D.

156,176 Aufrufe • vor 10 Monaten

Trump: Obamacare is a scam… you see the numbers because your premiums are going up. It's forcing everything up…

Trump: Obamacare is a scam… you see the numbers because your premiums are going up. It's forcing everything up…

Acyn

21,682 Aufrufe • vor 6 Monaten

From gas to grocery prices, too many Americans are struggling to make ends meet because of the war and tariffs. The President should come to Congress and work to address the very real issue of affordability. It’s not a “hoax.”

From gas to grocery prices, too many Americans are struggling to make ends meet because of the war and tariffs. The President should come to Congress and work to address the very real issue of affordability. It’s not a “hoax.”

Tom Suozzi

14,825 Aufrufe • vor 1 Monat

Trump on affordability: "The word they use is a hoax because they're the ones that caused the problem. It's a hoax."

Trump on affordability: "The word they use is a hoax because they're the ones that caused the problem. It's a hoax."

Aaron Rupar

25,165 Aufrufe • vor 6 Monaten

Trump singlehandedly started a financial forest fire with his tariffs Yesterday was the worst day for markets since COVID It's a brutal Republican pincer move: On one hand, his tariffs raise costs On the other, his budget robs people of health care, nutrition, Medicaid

Trump singlehandedly started a financial forest fire with his tariffs Yesterday was the worst day for markets since COVID It's a brutal Republican pincer move: On one hand, his tariffs raise costs On the other, his budget robs people of health care, nutrition, Medicaid

Chuck Schumer

42,783 Aufrufe • vor 1 Jahr

Tariffs raise input costs. Higher input costs mean higher prices. That’s inflation. You don’t tariff commodities you don’t make, lumber, food, raw materials because it hurts consumers immediately. This isn’t complicated, and it’s fixable. If you want to ease pressure on households fast, you start with smart tariff policy and you tackle healthcare costs head-on. That’s the real economic challenge right now and everyone in Washington knows it.

Tariffs raise input costs. Higher input costs mean higher prices. That’s inflation. You don’t tariff commodities you don’t make, lumber, food, raw materials because it hurts consumers immediately. This isn’t complicated, and it’s fixable. If you want to ease pressure on households fast, you start with smart tariff policy and you tackle healthcare costs head-on. That’s the real economic challenge right now and everyone in Washington knows it.

Kevin O'Leary aka Mr. Wonderful

48,967 Aufrufe • vor 5 Monaten

EISEN: Why not just incentive drug makers? The tariffs feel unnecessary because that's just gonna raise their costs and make it harder for them to produce in America PETER NAVARRO: I think you're underestimating the ability of this country and its entrepreneurs to move quickly

EISEN: Why not just incentive drug makers? The tariffs feel unnecessary because that's just gonna raise their costs and make it harder for them to produce in America PETER NAVARRO: I think you're underestimating the ability of this country and its entrepreneurs to move quickly

Aaron Rupar

81,588 Aufrufe • vor 10 Monaten

Nikki Haley: Trump’s proposal for across-the-board tariffs will raise prices on Americans. It's not a good idea

Nikki Haley: Trump’s proposal for across-the-board tariffs will raise prices on Americans. It's not a good idea

Headquarters

960,304 Aufrufe • vor 1 Jahr

Leader Hakeem Jeffries: Let me clarify the Democratic position on the economy. The affordability crisis is very real. It's not a hoax. House Democrats care about the personal finances of the American people. Democrats do not love the inflation. Costs have gone up. Housing costs out of control, grocery costs out of control, gas prices out of control, healthcare premiums and insurance out of control, childcare and utility bills and everyday goods, out of control.

Leader Hakeem Jeffries: Let me clarify the Democratic position on the economy. The affordability crisis is very real. It's not a hoax. House Democrats care about the personal finances of the American people. Democrats do not love the inflation. Costs have gone up. Housing costs out of control, grocery costs out of control, gas prices out of control, healthcare premiums and insurance out of control, childcare and utility bills and everyday goods, out of control.

Headquarters

28,338 Aufrufe • vor 23 Tagen

The Fed Will Do Nothing Longer Than Most Expect The Fed decides based on the data it sees. With UE low and stable and inflation still elevated, holding policy steady is the right choice. Tariff & ME conflict risks make the choice even clearer.

The Fed Will Do Nothing Longer Than Most Expect The Fed decides based on the data it sees. With UE low and stable and inflation still elevated, holding policy steady is the right choice. Tariff & ME conflict risks make the choice even clearer.

Bob Elliott

24,818 Aufrufe • vor 1 Jahr

He campaigned on lowering costs. He governed by raising them—tariffs are taxes on consumers. And his pressure on the Fed risks unleashing even more inflation.

He campaigned on lowering costs. He governed by raising them—tariffs are taxes on consumers. And his pressure on the Fed risks unleashing even more inflation.

Justin Wolfers

24,947 Aufrufe • vor 10 Monaten

Trump's tariffs on Canada and Mexico will raise costs for the average American family by $2,000 a year. It will raise costs across the board on groceries, gasoline, and more. All to pay for tax breaks for billionaires. Democrats are fighting for YOU.

Trump's tariffs on Canada and Mexico will raise costs for the average American family by $2,000 a year. It will raise costs across the board on groceries, gasoline, and more. All to pay for tax breaks for billionaires. Democrats are fighting for YOU.

Chuck Schumer

83,646 Aufrufe • vor 1 Jahr

It's just a "vibecession." Chrystia Freeland wants you to think the Canadian economy is doing great. Maybe for some, but not for others. Groceries are still up, and up dramatically from three years ago. Rent and mortgage costs are up. So, it's not just a vibe, it's real.

It's just a "vibecession." Chrystia Freeland wants you to think the Canadian economy is doing great. Maybe for some, but not for others. Groceries are still up, and up dramatically from three years ago. Rent and mortgage costs are up. So, it's not just a vibe, it's real.

Brian Lilley

96,237 Aufrufe • vor 1 Jahr

I told Varney & Co. Obamacare subsidies are driving up premiums, tariffs are unconstitutional taxes, and farmers are facing “Farmageddon.” Let’s fix costs through market power, not government overreach.

I told Varney & Co. Obamacare subsidies are driving up premiums, tariffs are unconstitutional taxes, and farmers are facing “Farmageddon.” Let’s fix costs through market power, not government overreach.

Rand Paul

118,098 Aufrufe • vor 8 Monaten

Canadian homebuilders raise the alarm about Carney's counter-tariffs that are raising costs on housing for everyone "But industry leaders say it's not the US Tariffs directly impacting costs" "It's the Canadian tariffs that we put on in response to the U.S. tariffs." "So us putting tariffs on a whole bunch of the U.S. products that we purchase to then build a home, that's where we're going to potentially see the impacts on housing costs in Canada and Alberta." CBC reporter "But he says the bigger question is how this could impact the broader economy, general consumer demand, potential job losses, all the things that allow someone to afford a mortgage." "Their national chapter is in Ottawa pushing for exemptions." Andrea Huncar

Canadian homebuilders raise the alarm about Carney's counter-tariffs that are raising costs on housing for everyone "But industry leaders say it's not the US Tariffs directly impacting costs" "It's the Canadian tariffs that we put on in response to the U.S. tariffs." "So us putting tariffs on a whole bunch of the U.S. products that we purchase to then build a home, that's where we're going to potentially see the impacts on housing costs in Canada and Alberta." CBC reporter "But he says the bigger question is how this could impact the broader economy, general consumer demand, potential job losses, all the things that allow someone to afford a mortgage." "Their national chapter is in Ottawa pushing for exemptions." Andrea Huncar

cbcwatcher

50,594 Aufrufe • vor 11 Monaten