Saturday Morning Covfefe: 5 Reality Checks

[Yo_Mama_Been_Loggin]

In case you blinked: tariffs, chaos, climate rollbacks, drug pricing theater, and Munich questioning the Western order.

Totally normal week…

1. Americans Are Paying the Tariff Bill. Not China.

The White House keeps saying foreign countries are “eating” the tariffs.
(Apparently everyone’s eating—except us.)

The data says otherwise. Economists at the Federal Reserve Bank of New York analyzed import data through November 2025. Their finding: Nearly 90% of the tariff burden fell on U.S. firms and consumers. From January to August, it was even higher: 94%.

Here’s what that means in plain English: When tariffs jumped from 2.6% to 13% last year, foreign exporters barely lowered their prices. So the cost didn’t disappear. It passed through.

https://www.livingitwitholiviatroye.com/p/saturday-morning-covfefe-5-reality

[Goonch]

1. ;-{).........