“The federal government spent $310 billion more than it took in during the first four months of the new fiscal year, a 77 percent jump from the same period a year ago” and the tax cuts are primarily to blame according to the Washington Post. How many times have you heard politicians say that budgets…
Day: March 5, 2019
Trump’s tariffs and trade wars are costing consumers and businesses
“President Donald Trump regularly declares that he’s winning his trade wars. Yet evidence is growing that the U.S. economy is a net loser so far.” Writing for Bloomburg News,Shawn Donnan reports: “economists from the Federal Reserve Bank of New York, Princeton University and Columbia University found that tariffs imposed last year by Trump on products…
Trump’s tariffs and trade wars are costing consumers and businesses
“President Donald Trump regularly declares that he’s winning his trade wars. Yet evidence is growing that the U.S. economy is a net loser so far.” Writing for Bloomburg News,Shawn Donnan reports: “economists from the Federal Reserve Bank of New York, Princeton University and Columbia University found that tariffs imposed last year by Trump on products…