12 Apr 2024 7:13 am
Propaganda for braindead biden!!! What has braindead biden's 18% inflation done to "consumer spending" and "real income"?R.Suave » 12 Apr 2024, 6:54 am » wrote: ↑ Goldman Sachs told clients in a recent report that higher tariffs would likely slow GDP growth and boost consumer prices.
“The direct impact of higher tariffs on GDP is likely to be modestly negative, with the hit to real income and consumer spending from higher prices outweighing the decline in the trade deficit,” Goldman Sachs economists led by Jan Hatzius wrote.
Ibid.
Sounds awesome.