alt Hacker NewsSmart people talk about differential impact; i.e compare what we’re seeing today against the counterfactual. / I’m not aware of solid reasoning that argues in favor of tariffs, differentially speaking. / I’m happy to look at models that aren’t a waste of time.
I guess you mean informed people. There's a whole lot of smart people in this thread who aren't talking about differentials.
I don't know shit about tariffs, except what everyone said in the news. It was going to tank the economy. Everyone's retirement was going to poof into smoke. Everything was going to cost 2 or 3x previous prices. None of that came to pass.
I bought gas at 2.27 a couple hours ago. Groceries are cheaper than last year. I'm personally making more money than I was a year ago. My business depends on other people having entertainment/spending money.
I'm just a dummy though, so I can't glean some expert insight into the differential. I don't have a model for you, just the real world.
How do you think the economy is doing? What do the differential impact models, that aren't a waste of time, say about it?