The Trump economic team is divided between authentic crackpots, cynical cowards, and Epstein alumni. Hard to assess which are most dangerous.
Hassett on new study from NY Fed showing 90% of tariff burden is being shouldered by US firms & consumers: "The paper is an embarrassment. It's I think the worst paper I've ever seen in the history of the Fed system. The people associated with this paper should presumably be disciplined."