4 months into the great tariff war and all they got is a tenth of a penny. China’s been praying for tariff inflation to hit Trump’s popularity. Instead, we’re doing just fine while China’s laying off thousands of workers.
Peter St Onge, Ph.D.
Peter St Onge, Ph.D.Jul 21, 19:30
The tariff inflation tsunami finally hit and it was a damp sock at 0.1%. Media celebrated because what else were they going to do. The much bigger issue is inflationary federal spending: An easy $9b DOGE cut to USAID and NPR just needed JD Vance to break the tie.
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