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.
Instead of trying to make sense of the multitude of factors that pushed up prices, the conservative economists have fixated on the usual scapegoats: government spending and tighter labor markets. | Read more »