Typical Dem conflationary argument. Most of their base can't grasp what a conflation is or are morally ok with using one to attempt to "win" an argument.
Ex illegal vs legal immigration
All economists agree tariffs are inflationary (true statement)
How inflationary those economists think tariffs are is a very wide net. (Conflation here)
Again, the Chinese tariffs were essentially unnoticed in inflation statistics after crying in the media that they'd be catastrophic.
They also spent the last 4 years pretending inflation didn't exist so it's about as sincere a concern as "the price of eggs!" One week into Trump's tenure.
Drill baby drill and opening up millions of units of housing currently occupied by illegals will likely have far greater deflationary effects than even 25% blanket tariffs on roughly 25% of imports with no substitution or replacement (there will be).
The US economy is the 800lb gorilla and can more than absorb the effects of this. Especially if it's unleashed in other ways.
Ex illegal vs legal immigration
All economists agree tariffs are inflationary (true statement)
How inflationary those economists think tariffs are is a very wide net. (Conflation here)
Again, the Chinese tariffs were essentially unnoticed in inflation statistics after crying in the media that they'd be catastrophic.
They also spent the last 4 years pretending inflation didn't exist so it's about as sincere a concern as "the price of eggs!" One week into Trump's tenure.
Drill baby drill and opening up millions of units of housing currently occupied by illegals will likely have far greater deflationary effects than even 25% blanket tariffs on roughly 25% of imports with no substitution or replacement (there will be).
The US economy is the 800lb gorilla and can more than absorb the effects of this. Especially if it's unleashed in other ways.