Jennifer P. Holt
@thejeniverse.bsky.social
Reposted by Jennifer P. Holt
• In the short-run, tariffs pinch households at the bottom of the income ladder 2.5x more rel. to income than at the top.
• Families at the bottom lose $2,100. In the middle, $3,600. At the top, $9,800.
• Apparel prices +45%. Auto prices +20%. Food prices +5.6%.
3/3
• Families at the bottom lose $2,100. In the middle, $3,600. At the top, $9,800.
• Apparel prices +45%. Auto prices +20%. Food prices +5.6%.
3/3
April 9, 2025 at 12:20 PM
• In the short-run, tariffs pinch households at the bottom of the income ladder 2.5x more rel. to income than at the top.
• Families at the bottom lose $2,100. In the middle, $3,600. At the top, $9,800.
• Apparel prices +45%. Auto prices +20%. Food prices +5.6%.
3/3
• Families at the bottom lose $2,100. In the middle, $3,600. At the top, $9,800.
• Apparel prices +45%. Auto prices +20%. Food prices +5.6%.
3/3