Re: [Salon] Trump’s tariffs will hurt US consumers



Trump going to manufacture more poverty?
https://www.newyorker.com/magazine/2023/03/20/matthew-desmond-poverty-by-america-book-review
How America Manufactures Poverty
The sociologist Matthew Desmond identifies specific practices and policies that consign tens of millions to destitution.



https://edition.cnn.com/2024/12/21/economy/low-income-americans-inflation/index.html
Low-income Americans are struggling. It could get worse

On Monday, January 20, 2025 at 05:32:19 PM GMT+5, Chas Freeman via Salon <salon@listserve.com> wrote:


Trump’s tariffs will hurt US consumers



They will hurt lower-income households most.



When used to fund tax-cuts for the rich, the combined effect is even more regressive.



Source: Simple truths from PIIE

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