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.
You wouldn’t know this from newspaper headlines, statements from “experts,” or the actions of the Fed, but inflation was slow throughout the second half of 2022. | Read more »
The debt crisis that has emerged over the past couple of years is happening in countries all around the world, and release valves to vent the pressure are scarce. | Read more »