I like charts. I learn well from informative visualizations of data. And therefore, I appreciate the work of Washington Post journalist Philip Bump.
Bump knows what he thinks about Donald Trump's tariffs:
This will almost certainly prove to be bad for the economy, but it has been pretty good for data visualization. For example:
We've gone back to the late 1800s.
Add a tariff on washing machines, raise the price. Remove the tax and price falls. ... tariffs will instead mean surges in the prices Americans pay.
How uncertain is the country’s economic future? As the Financial Times’ John Burn-Murdoch put it, it is “equivalent to a global pandemic” uncertain.
At least we get some nice charts out of the deal.
Unfortunately the Canadian cartoon with which I led this post gives an incomplete picture. Presumably King Donald intends to get plenty out of his tariffs, knowing he can shakedown particular businesses and whole favored sectors of the economy for a personal payoff after which he'll make an exemption from his taxes.
If we want this set of impositions to blow back on King Donald, we the people will have to make it so. Along with Canadians, we're the fan.
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