https://www.foxbusiness.com/economy/us-businesses-consumers-shoulder-bulk-tariff-cost-burden-goldman-sachs-finds If you don’t want.to give fox a click, “Goldman Sachs economists estimated that as of August, U.S. businesses were absorbing a net 51% of tariff costs, while American consumers were shouldering 37% of the burden. They also estimated that 9% of the cost was paid by foreign exporters, and about 3% was attributed to potential tariff evasion.”

Companies that had stock saved up rather than JITing their domestic production, didn’t want to scAre customers, so in first 6months or so of tariffs, only 37% of the increase was paid by American consumers, if it was all passed through, that number would be around 90%. I think moog made noise about not raising prices for awhile? A lot of companies split the difference. My point is that Trump has no credibility so there’s a lag for all this nonsense and things will get worse

For a while, quite a few companies didn’t want to lose customers so just ate the tariffs, hoping they’d go away quickly. The longer tariffs go on, the more companies will universally pass costs to consumers - so inflation from tariffs actually lag the tariffs a bit

I think the touted tax benefits have been wholly eaten by national debt servicing, core inflation of goods, and unchecked corporations jacking up prices. Each individually, so we’ll need 3-4 times more “savings.”

Or a competent government who understands the economy and cares about people

Banned in 1996 in USA. If you were born in 76 or earlier, you breathed a ton of it during brain development