Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
https://finance.yahoo.com/news/consumer-confidence-rebounds-in-may-as-trump-pauses-china-tariffs-152039906.html
It's lower than about everything on the graph except for March and April, and except (barely) for a very short spike down during the peak inflation of 2022, and except for the 2020-early 2021 pandemic.
I read that tariffs are at their highest level since the Smoot-Hawley days, with China still at 30% and a universal 10% on just about everyone else, plus special tariffs on steel, aluminum, and vehicles. So while TACO may be a wonderfully wonderful progressive slogan, rah rah, GOTV rah rah, it is also bullshit at this juncture, and dangerously misleading.
It's lower than about everything on the graph except for March and April, and except (barely) for a very short spike down during the peak inflation of 2022, and except for the 2020-early 2021 pandemic.
I read that tariffs are at their highest level since the Smoot-Hawley days, with China still at 30% and a universal 10% on just about everyone else, plus special tariffs on steel, aluminum, and vehicles. So while TACO may be a wonderfully wonderful progressive slogan, rah rah, GOTV rah rah, it is also bullshit at this juncture, and dangerously misleading.
Edit history
Please sign in to view edit histories.
Recommendations
1 members have recommended this reply (displayed in chronological order):
9 replies
= new reply since forum marked as read
= new reply since forum marked as read