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"Glenn Kessler is unmatched in his ability to cast Democrats'  true statements as false. 

One think tank report says Trump's tariffs will cost US families around $4,000 each. Another says it's closer to $2,000 but probably a 2x underestimate. 

Somehow Glenn concludes Harris is being misleading."

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  "“Economists have said that that Trump sales tax would actually result, for middle-class families, in about $4,000 more a year.”
  
  — Harris
  
  This may be a high estimate."

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  "Harris is relying on an estimate from the left-leaning Center for American Progress Action Fund, which calculates the cost would be $3,900."

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  "The pro-trade Peterson Institute for International Economics has estimated that this would cost a typical U.S. household in the middle of the income distribution about $1,700 in after-tax income"

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  "But economist Kimberly Clausing, co-author of the Peterson study, says these studies are underestimates because they do not consider the increase in the price of goods that compete with imports. “We have every reason to think U.S. domestic prices would rise in those sectors that compete with imports,” and “that effect is very large,” she said in an email. “The true cost I’d guess is roughly twice as high as our number.”"

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createdAt:

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