are popular with a commanding majority of American voters—and extremely unpopular among Wall Street economists.has been loudly proclaiming—without evidence—for several weeks that tariffs amount to a national sales tax that will raise prices for American consumers. Americans are justWall Street, on the other hand, loathes tariffs,, 59 percent said that Trump’s tariffs would lower manufacturing employment, and just 16 percent said they would raise employment.
Trump’s political entrepreneurship has recently come into dramatic focus with his new proposal to basically combine the public’s support for tariffs with the traditional Republican and business class support for corporate tax cuts by promising. It combines the pro-growth wisdom of a corporate tax cut with the economic nationalism that informs the public’s support for tariffs.The Main Street-Wall Street divide is not confined to the question of tariffs.than Kamala Harris.
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