Phoenix68
Well-Known Member
- Joined
- Mar 12, 2022
- Messages
- 17,835
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A Year In, It’s Official:
Americans, NOT Foreigners, Are Paying For Spanky’s Tariffs!!!
February 12, 2026
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"A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes them.A Year In, It’s Official:
Americans, NOT Foreigners, Are Paying For Spanky’s Tariffs!!!
February 12, 2026
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That simple fact — now learned experientially in 21st century America — is an Econ 101 lesson as foundational as supply and demand. "Twas ever thus!"
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U.S. businesses and consumers, last year, paid for nearly 90% of 2025’s import taxes, the Fed branch found. That’s hardly surprising: The National Bureau of Economic Research and the Congressional Budget Office recently found roughly the same thing."
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I think it's time we re-evaluate. MAGATS no longer require their Protected status.
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I think it's time we re-evaluate. MAGATS no longer require their Protected status.
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