This is a classic non-argument. When Obama enacted the ACA (that was butchered by Republicans to cost the taxpayer more money), nobody felt instantaneous effects.
The prices of goods are going up and the latency from aluminum manufacturer to dinner plate is protracted. You *will 100 percent see food prices rise* as a result of this.
When the additional tariff costs consumers paid in the latter part of last year are annualized, the cost per household is about $419, said David Weinstein, a professor of economics at Columbia University who coauthored a working paper released by London’s Centre for Economic Policy Research on the effect of the Trump administration’s 2018 trade policy on U.S. prices.
The tariffs to date also have hit the home-building industry, and already have added $1 billion to the costs of U.S. housing construction, according to the National Assn. of Home Builders.
Since the start of this year, retail prices for luggage have climbed 5% to 10%, he said. And they are likely to jump an additional 10% to 15% if the new 25% tariff on Chinese imports remains in place, he said. The same is true with backpacks, which already have risen about 5% at the retail level this year and could climb an additional 10% to 15%, Herman said.
The median price for a washing machine before the tariff announcement was $749, according to a paper released in April and coauthored by researchers from the Federal Research Board, University of Chicago and the National Bureau of Economic Research. The tariffs added $86 to that, the paper said.
But keep going with HURR DURR "I'M MIDDLE CLASS I KNOW WHAT I'M TALKING ABOUT"