New: tariffsAll contentburnbotkrblurtactifitzzangamesburnpostr2cornellinstablurtphotographycurationbeblurtblurtgermanfrankbaconblurtafricablurtlatamblurthispanoblurtindiajapanblurtblockHotTrendingNewDAppsdarth-cryptic in economics • last yearTrump’s Washing Machine Tariffs Cost Consumers $800,000 Per Job CreatedIf the Dealmaker-in-Chief thinks it’s a good deal to force US consumers to pay $820,000 annually in higher costs to create a new $43,000-per-year factory job, then he might have to re-think his…darth-cryptic in economics • last yearTrump’s Tariffs Cost Americans $19 Billion in 2018The full cost of the tariffs was passed on to US consumers, meaning the tariff hike was effectively a tax hike on all Americans. One can only hope that one day, the clear historical record of…
