Ongoing quest for good writing? Recommendation below: #economics prof at Fordham Univ with an historical theme.
"... we could have skipped the tariff and paid these 1,200 workers their $40K per year salary for two years and given them a stipend of $50K to attend community college or to get training in a new technology or a stable trade. This would cost $156 million dollars in total.... one-seventh of what U.S. consumers paid as a result of the tire tariff."
troytassier.substack.com/p/whyβ¦
Why Trump's Tariff Plan Won't Work
And why it will line the pockets of the already wealthy at the expense of consumersTroy Tassier (Troy Tassier's Newsletter: At the Margin)