econprofaj.bsky.social
@econprofaj.bsky.social
Trump’s strategy is grounded in China’s resolve weakening in the face of losing business from US. But so far, it appears to be digging in their heels. www.bloomberg.com/news/feature...
Trump’s China Attacks Are Unleashing Wave of Nationalist Support for Xi
Even critics of the Chinese leader want him to stand firm in the face of an unprecedented economic attack.
www.bloomberg.com
April 28, 2025 at 10:18 PM
Trump’s China Tariffs Set to Unleash Supply Shock on US Economy
April 28, 2025 at 10:09 AM
NBER has a recent working paper on the impact of temporary tariffs. While they acknowledge that it can benefit domestic firms operating in their early stages and offsetting unfair trade practices, they suggest that there are more harmful effects. www.nber.org/papers/w3372...
The Macroeconomics of Tariff Shocks
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
April 28, 2025 at 4:24 AM
What’s going on in the US Treasury market, and why does it matter? www.brookings.edu/articles/wha...
What’s going on in the US Treasury market, and why does it matter?
Nellie Liang explains recent turmoil in U.S. Treasury markets and the potential impact on the rest of the economy.
www.brookings.edu
April 14, 2025 at 7:47 PM
The conservative Tax Foundation provides a research study showing the damage from Trump's tariff moves that even account for the 90-day pause on all countries except for China. Includes a 0.8% decline in GDP and a 1.3% reduction in after-tax income for consumers. taxfoundation.org/research/all...
Tracking the Economic Impact of the Trump Tariffs
The tariffs amount to an average tax increase of nearly $1,300 per US household in 2025.
taxfoundation.org
April 14, 2025 at 6:52 PM
While there is scholarly research that backs up the optimum tariff theory, I think Breitbart is glossing over its underlying assumptions and makes a weak case supporting Trump’s actions. www.breitbart.com/economy/2025...
Breitbart Business Digest: The Forgotten Economic Theory Behind Trump’s Tariffs
Some of the most brilliant economists in history developed a theory proving that under the right conditions, tariffs can make a country richer.
www.breitbart.com
April 10, 2025 at 11:07 PM
There are some concerning economic trends but definitely premature saying that we’re headed toward a recession. ground.news/article/atla...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.
ground.news
February 28, 2025 at 9:45 PM
Important graphic that shows the effectiveness of fiscal policy on economic growth. It is important that there are market forces that influence growth that aren't directly related to actions from Congress.
February 28, 2025 at 6:48 PM
If Trump's Gaza proposal ever becomes reality, there are some unintended consequences that could put our servicemen and citizens at risk of prosecution. www.brookings.edu/articles/tru...
Trump’s proposal to “take over” Gaza would put Americans at risk of prosecution
Trump’s plan for Gaza would violate a long list of international treaties—and put Americans at risk of sanctions and prosecutions abroad.
www.brookings.edu
February 28, 2025 at 6:45 PM
Reposted
The Hutchins Fiscal Impact Measure tracks the effect of local, state & federal fiscal policy on GDP *growth.* Here is how it affects the *level* of GDP. www.brookings.edu/articles/how... @brookings.edu
How does fiscal policy affect the level of GDP?
The Hutchins Center explains how local, state, and federal fiscal policy affect the level of GDP.
www.brookings.edu
February 19, 2025 at 8:54 PM