Rob Scott
@robscott_epi
Economist, retired from EPI. Study trade, manufacturing, jobs, capital flows, exchange rates & financial architecture. NATS fan/bicyclist. Opinions are my own.
ID: 1924829780
http://www.epi.org 01-10-2013 22:26:49
783 Tweet
745 Followers
66 Following
Today's BLS jobs report puts another nail in the coffin of for ridiculous WSJ claim that "tight labor markets" and rising wages are driving the recent inflation spike, as shown by my colleague Elise Gould here: bit.ly/3PWUr3F
"Biden should ignore the bad advice he’s getting on tariffs... it’s coming from the same groupthink that believed two decades ago that lower tariffs would help China blossom into a thriving, rules-based economic collaborator," writes Scott Paul. washingtonexaminer.com/restoring-amer…
HT Adam Hersh for new report, Revoking tariffs will not tame inflation: bit.ly/3OvN41m "At best, removing tariffs would result in a one time" drop of 0.2% in the price level. A one-off drop in PRICES, not a decline in the INFLATION RATE! #china #inflation2022