The financial genius;
“ Berezin cites a recent study by The Budget Lab at Yale, which estimated Trump’s tariffs would reduce real disposable income for the median U.S. household by somewhere between $1,900 and $7,600. “Even if that money were entirely funneled back into tax cuts, the net impact on aggregate demand would be negative because tariffs disproportionately hurt lower-income consumers with high marginal propensities to spend,” he says.”
