Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Far from earning living wages, most U.S. workers have experienced wage stagnation since the 1970s--a trend largely obscured by political rhetoric and misinformation.
Yeva Nersisyan is an associate professor of economics at Franklin and Marshall College. L. Randall Wray is a professor of economics at Bard College and senior scholar at the Levy Economics Institute