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0 sats \ 3 replies \ @didiplaywell 4h \ on: Trump vs. Free Markets 🥊 Politics_And_Law econ

Tariffs were already fully blatant on that aspect. I give Trump international relationships anytime, but I would put him a restriction order from anything remotely related to economics. The economic damage he is causing is such that it's all set for a blue wave if the democrats even so slightly improve their speech.

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0 sats \ 2 replies \ @0xbitcoiner OP 3h

Damage to the U.S. economy? Do you have any data to back that up?

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21 sats \ 1 reply \ @didiplaywell 1h

First of all, no other than the U.S. Bureau of Labor Statistics itself explains in detail in this report how tariffs negatively impact the U.S. economy:

https://www.bls.gov/opub/btn/volume-9/the-effects-of-tarifff-rates-on-the-u-s-economy-what-the-producer-price-index-tells-us.htm

Just fresh from the oven, the Federal Reserve Bank of San Francisco shows how the Bureau of Labor Statistics own data confirms the Bureau of Labor Statistic own conclusions on the negative impact of tariffs:

https://www.frbsf.org/research-and-insights/publications/economic-letter/2026/01/recent-slowdown-in-labor-supply-and-demand/

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0 sats \ 0 replies \ @0xbitcoiner OP 1h

I remember reading the official numbers were a bit off because of the gov shutdown. But you might be right about the hit it took, maybe better to just hold off for some new data.

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