Shawn DonnanVerified account

Sometime correlation is causation. This could be one of those times. I would also point out that the scale of the vertical axis is designed to greatly exaggerate the size of the effect.

The same technique is used in Global temp graphs

And lots of other places. It's a classic.

@scottlincicome @KT_So_It_Goes GOP be like "I was told there would be no math"

Serious question. Index went from 100 to 104 (4%) but tariffs are 25%?

They were *just* raised to 25% from 10%, everyone in this thread saying it's not that bad hasn't even seen the worst of it, let alone have American companies felt the effects of the retaliatory tariffs.

& some companies have been eating cost via slimmer margins. But w/ escalation to 25% not possible

The original poster should have added "by the full tariff amount right away"... In other words, there is possibly enough time to "win" the trade war before consumers really notice.

I think Mark Twain would have something to say about this chart - something like "lies, damn lies, and statistics". Flaw is obvious. If you want to analyze if TARIFFS causing inflation then you have to analyze ALL items subject to tariffs vs all items not subject to them.

Prices fluctuate on all products for many reasons, generally nothing to do w/ tariffs. So if you only pick a subset of items to study you can easily cherry pick items whose price went up, exclude the price of those that went down, & magically tariff induced inflation appears.

Starting to think that a Economics degree from The Wharton School of Business isn't all that it's cracked up to be

is this the "good" part or the "easy to win" part ?