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Lyn Alden profile picture
Lyn Alden
@LynAlden
Federal spending is up. So there is a pretty big focus on generating new revenue to pay for it.

Most analysis so far shows that tariffs are being paid primarily by U.S. consumers and U.S. businesses. The foreign share (in the form of price cuts) is pretty low.

One of the impressive things about Trump is that he managed to convince a nontrivial percentage of conservatives to cheer for higher spending and new taxes to pay for it.

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TKay · 41w
I don’t really believe he convinced anyone. But everyone is too lazy to resist.
BTC Bro · 41w
Something about a train not stopping?
the axiom · 41w
venmo user donations will fix that
Hurvajs Rumcajs · 41w
The train is very big and beautiful, did I say how beautiful it is? It's the most beautiful train I ever saw!
Milan Ljepoja · 41w
When 'winning' still comes out of our wallets. Masterclass in making taxes feel like a celebration.
jakub · 41w
The consumer is not paying the tariffs. That’s a ridiculously bad take.
knightfall21 · 41w
Most people don't see tariffs as as a tax issue.
ThatWhichisNotSeen · 41w
t is fascinating to me that the consequences of Trump admin's action will, in some ways, result in outcomes that many Dems would claim to want and that traditional Repubs would claim are to not want...but i suppose it's a reflection of how tribal politics are as it has nothing to do with outcomes an...
leon_21 · 41w
Interesting, can we see if the "reshoring" has materialized in any form?
GrunkleBitcoin · 40w
The Fart of the Deal.
Kayne · 40w
Last time an American president tried to "solve" a trade deficit with tarrifs what followed was remembered as the "great depression" Remember that
Bud · 40w
It doesn’t seem difficult for him to convince so-called “conservatives” of anything he wants them to believe. They swallow it all, rather eagerly.
Noisy signal · 40w
I could be on the wrong track here - but the role of stable coins might impact on keeping the value of the USD artificially high and its a way for Federal Reserve Bank to print and sell more debt. Bassent focuses on selling the short term bonds, that attracts the low interest rate, just biding hi...
Tommy "The Purchase" · 40w
Either way, regular people lose and get poorer.
Barry Bigweek · 40w
It's going to be a big week
National Parks Addict · 40w
A significant part of the general political problem is the party-endorsed candidates that float above the rest. They are like that foamy residue at water treatment plants.