U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says

[popsdenver]

14. HWBush

who was actually running the entire Reagan years did that because he wanted to "Doctor" the massive inflation during that time.
He also decided the "usury" rate on loans should not be limited to 12%, but should be set at 24%
ALL interest was deductible, car loans, credit card loans, personal loans etc. They changed it so that only mortgage interest was deductible....
ALL medical costs were deductible in addition to the standard deduction, they changed that.

The list is endless on the damage to the middle class during the Reagan Occupation of the White House. Reagan was just a front man, or pawn. It was HWBush's CABAL that were running things......

The current 2.9 to 4.0% inflation rate the Republicans are quoting is a total and ludicrous farce.........I would guess, esp on food which doesn't have tariff's, the increase in the past year and a half is probably 20-30% and then throw in the smaller packages for the higher price and it is probably much higher. The last year of the Biden administration, the manufacturers started hiking prices, (and therefore profits) out of sight to make it look like Biden was the cause of the inflation.

And other manufacturers, wholesalers, and retailers are jumping in on raising prices when their goods aren't anything that has tariff's dropped on the price........

W A S F It isn't the Government per se doing this, it is the Corporations that are doing it, by buying all the politicians......

I wonder if someday soon, we will no longer be the 'United States of America" but the....."United Corporations of America"..... the simplest definition of FASCISM is the merging of Corporations and Government.......