Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up higher than CBO analysts had initially expected.
Trump’s tariffs face an uncertain future. The Supreme Court is set to hear oral arguments in early November, after the Trump administration appealed lower court rulings that found the president had exceeded his authority.
Didn’t fast track that one to the shadow docket, huh?
Shocker.
They’re still taking bids on who will award them gratuity if they vote the right way
New motor coaches don’t buy and fuel themselves
They do if you take John’s offer, Clarence.
I knew it would never happen, but I was SO hopeful because it MUST have been at least a little bit tempting for him!
So not only a bad idea, but worse than the experts predicted? Who knew economics was so hard? Besides everyone who weren’t even experts in economics and said a blanket tariff was a mistake.
Former CBO director, presumably.
Inflation + economic stagnation == stagflation.
inflession.
*Soon to be defenestrated Congressional Budget Office director Phillip Swagel
