"Americans pay 96 percent of the tariffs."
β Waylon Wong on research from a German research institute.
Heard on The Indicator from Planet Money
https://share.snipd.com/episode/0f282341-a839-4157-b039-2870db6ce60a
@stibbons
The Temu of hardware stores
"Americans pay 96 percent of the tariffs."
β Waylon Wong on research from a German research institute.
Heard on The Indicator from Planet Money
https://share.snipd.com/episode/0f282341-a839-4157-b039-2870db6ce60a
Paycheck processor #ADP release grim data ahead of July 4th showing over 30,000+ jobs lost across private employers in #USA.
While described as " a surprise move in the wrong direction" , I'm personally very #unsurprised, that American #employment is in a tariff tailspin amidst #GOP #GDP games, including the drastic #Drumpf #deportation dramas taking toll.on #economic activity, amidst fiscal fear factors slowing growth, stifling #ConsumerConfidence and regular #retail activity while radically raising costs on everything from food, housing, clothing, travel and energy.
#WelcomeToTheJungle #TrumpBump
https://qz.com/us-private-payrolls-jobs-report-june-adp-1851785496