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Policy chaos is an economic variable. When leaders threaten the Fed, fire the BLS head, impose tariffs then reverse them, and rattle sabers, no one knows tomorrow’s news. Uncertainty makes firms delay hiring/investing—and households delay big buys.

Justin Wolfers

445,998 subscribers

35,633 次观看 • 8 个月前 •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

12 条评论

Sue S NAFO 🧡🇨🇦🇺🇦💛💙🌻🐦🧡 的头像

Sue S NAFO 🧡🇨🇦🇺🇦💛💙🌻🐦🧡8 个月前

@pattimarathon And neighbours stop buying and visiting.

Peter Fraser 的头像

Peter Fraser8 个月前

100% Companies would rather a poor decision than indecision. Certainty allows them to plan without fear of reversal or change of course.

Slogger 🇺🇦🏴󠁧󠁢󠁳󠁣󠁴󠁿🇨🇦🇬🇱 的头像

Slogger 🇺🇦🏴󠁧󠁢󠁳󠁣󠁴󠁿🇨🇦🇬🇱8 个月前

Broken record here. But please look in to the Capital Controls being introduced in America. People are being prevented from sending money abroad - this is an insane step.

Y R 的头像

Y R8 个月前

Oh?! That explains billions being spent on AI so "clear" now.

Jesse 的头像

Jesse8 个月前

We must transition from a to an economy of reciprocity—starting with the abolition of homelessness and hunger and the strategic use of AI to bridge labor gaps. If you want a solution that outlasts the current political theatre, the answer is waiting in my pinned Declaration pdf.

The Breeze 的头像

The Breeze8 个月前

Democrats finally released photo from Epstein files

New York Shade 的头像

New York Shade8 个月前

Really grasping at straws now huh, Wolfers?

The Breeze 的头像

The Breeze8 个月前

Maybe Democrats could stop stealing billions of dollars

The Breeze 的头像

The Breeze8 个月前

All I see is Democrats trying to get into detention centers

ZTR 的头像

ZTR8 个月前

People just ignore it.

The Breeze 的头像

The Breeze8 个月前

The GOAT

Hectar Global 的头像

Hectar Global8 个月前

Policy chaos slows decision-making. Container space is tight

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Why do economists obsess over uncertainty? Because waiting is easy. If the news might clear soon, firms delay big irreversible decisions. Multiply that across the economy and growth softens.

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Murphy: This is also a political tool for Trump. You can see what he’s doing with these universities and law firms—penalizing them and making them come to him to pledge loyalty. I think it’s likely the same thing could happen with the tariffs: each big company or industry will have to come to Trump to get tariff relief in exchange for political loyalty, in exchange for a commitment to buy Trump cryptocoin, or to make sure their workers don’t speak out against him. He’s trying to destroy democracy. And the reason these tariffs may not make any sense when you look at the design is because maybe they’re not really economic or trade policy. Maybe they’re actually political policy. So once again, it’s an absolute disaster for regular working people—and maybe a big threat to our democracy.

Murphy: This is also a political tool for Trump. You can see what he’s doing with these universities and law firms—penalizing them and making them come to him to pledge loyalty. I think it’s likely the same thing could happen with the tariffs: each big company or industry will have to come to Trump to get tariff relief in exchange for political loyalty, in exchange for a commitment to buy Trump cryptocoin, or to make sure their workers don’t speak out against him. He’s trying to destroy democracy. And the reason these tariffs may not make any sense when you look at the design is because maybe they’re not really economic or trade policy. Maybe they’re actually political policy. So once again, it’s an absolute disaster for regular working people—and maybe a big threat to our democracy.

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TIMES NOW

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Thomas Hern

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