Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist
Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist
www.cnbc.com
Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank's economist
No shit, that's how economics goes. Manufacturing rates go up, you make the consumer pay. Taxes go up, you make the consumer pay. Wages go up, you make the consumer pay. Literally any business expense, you make the consumer pay. Trickle down economics doesn't apply to sharing of wealth. It applies to sharing of debt.
And it’s less of a trickle and more of a firehose.
This movie was ahead of its time. I could watch this and Spaceballs on repeat as a kid