YES. Now that's what I'm talking about.
Congressional Dem leadership confirms they'll pursue tariff cuts/reform early next year: akingump.com/en/insights/al…
2
7
64
3,956
Kimberly Clausing retweeted
This week's Trade Fact: Herbert Hoover in 1930 was the last pres. to defend a general tariff hike in a mid-term election. His results were very close to the Trump admin.'s yesterday. We compare, and suggest some lessons on the political impact of tariffs. progressivepolicy.org/the-last-presi…
0
3
5
488
Kimberly Clausing retweeted
Quite the coincidence!
Kansas last elected a Dem to the US Senate in 1932. What was important about 1932?
Republicans passed the Smoot-Hawley tariff in 1930, and in '32 voters had the 1st chance to respond to its effects. Dems gained 97 House, 12 Senate seats, 11 governorships & the presidency.
2
70
452
18,510
Kimberly Clausing retweeted
Bad policy, bad character make bad politics: erratic tariffs, impulsive Iran war, blanket pardons, apparent corruption, weaponized justice, ICE brutality, mountainous deficits, hiding Epstein, abandoning allies and coddling enemies. Hoping for a course correction, for the country and for my party.
7,376
11,969
106,466
5,030,856
Kimberly Clausing retweeted
Green provision below feels lonely, often not being grouped with its maize friends.
Green is as radical (structure expensing having never been done, debt-financed to boot, etc.) a no-tax OBBBA thing as there is, regressive, & also expires in 2028. Please keep the group intact!
Green is as radical (structure expensing having never been done, debt-financed to boot, etc.) a no-tax OBBBA thing as there is, regressive, & also expires in 2028. Please keep the group intact!
3
1
4
627
Kimberly Clausing retweeted
Very early, but I'm starting to think we won't all be getting $5000 checks.
246
2,014
32,116
1,015,777
Kimberly Clausing retweeted
"Trump's tariffs fail to cut US trade deficit, IW report shows" reuters.com/business/trump…
Also: "Efforts to bring manufacturing back have so far fallen short. Foreign direct investment inflows fell 8.2% to $248 billion in 2025, 18% below the 2015–2024 average." 😮
Also: "Efforts to bring manufacturing back have so far fallen short. Foreign direct investment inflows fell 8.2% to $248 billion in 2025, 18% below the 2015–2024 average." 😮
8
106
208
7,533
Kimberly Clausing retweeted
What do Larry Kudlow, Janet Yellen, Steve Mnuchin, @econJaredB & me have in common? We all believe the permitting reform bill is essential for America to build, grow, tackle climate change and maintain our technological lead.
Probably the broadest letter I've ever signed.
Probably the broadest letter I've ever signed.
15
59
286
39,457
Kimberly Clausing retweeted
It's almost as if Econ 101 usually works, and Oren Cass doesn't know anything
Trump’s tariffs raised prices on more than imports. New York Fed researchers found they also pushed up the cost of American-made goods.
Full story here foxnews.com/politics/ameri…
10
51
529
16,107
Kimberly Clausing retweeted
Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate-- then were told to lay off. bloomberg.com/news/features/…
163
3,458
9,370
1,111,282
Kimberly Clausing retweeted
There are real limits to what we can accomplish in a world where people believe nothing they do really matters.
My book (!) is about how we wound up in a place where millions of people feel like spectators in their own lives. And how we course correct. Because we can.
My book (!) is about how we wound up in a place where millions of people feel like spectators in their own lives. And how we course correct. Because we can.
26
66
425
122,593
"Perhaps the survey’s single most telling result is the collapse of support for tariffs among blue-collar workers — the policy’s intended beneficiaries." 👀 agglomerations.eig.org/p/american-wor…
6
67
207
16,195
(1/11) 🧵In my piece in today’s FT, I argue that the corporate tax is an excellent tool for taxing the same wealth that proponents of billionaires’ taxes (or the CA wealth tax) are reaching for. Link at end of thread.
8
20
73
10,319
(10/11) Finally, a stronger corporate tax can handle the fiscal challenge of AI. We don’t know which firms win, or how much, or how the labor share of income evolves. But corporate tax is a flexible tool for society to share in business success (w/o govt taking shares!).
1
1
7
396