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Michael Hobbes
@michaelhobbes.bsky.social
Solitary, poor, nasty, brutish and short.
53.7k followers688 following2.9k posts
MHmichaelhobbes.bsky.social

Glenn Kessler is unmatched in his ability to cast Democrats' true statements as false. One think tank report says Trump's tariffs will cost US families around $4,000 each. Another says it's closer to $2,000 but probably a 2x underestimate. Somehow Glenn concludes Harris is being misleading.

“Economists have said that that Trump sales tax would actually result, for middle-class families, in about $4,000 more a year.”

— Harris

This may be a high estimate.
Harris is relying on an estimate from the left-leaning Center for American Progress Action Fund, which calculates the cost would be $3,900.
The pro-trade Peterson Institute for International Economics has estimated that this would cost a typical U.S. household in the middle of the income distribution about $1,700 in after-tax income
But economist Kimberly Clausing, co-author of the Peterson study, says these studies are underestimates because they do not consider the increase in the price of goods that compete with imports. “We have every reason to think U.S. domestic prices would rise in those sectors that compete with imports,” and “that effect is very large,” she said in an email. “The true cost I’d guess is roughly twice as high as our number.”
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GTgrudgie.bsky.social

There’s no one in the nation who is worse at their stated occupation than Glenn Kessler

1
YC30helensagree.bsky.social

To quote Barbra Streisand in What's Up, Doc? - "I don't know who he is, but I hate him"

0
Sstarshine.bsky.social

This was supposed to be a rubber room assignment for him and instead of being relegated to assigning pinnochios hes made fact checking get treated as a noble pursuit and not pedantic and spiritually dishonest even if technically true at atimes

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Ttlatshaw.bsky.social

I hope Kessler reads what this guy put down.

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dshillz.bsky.social

I don't understand the complaint here? Kessler is amplifying and refining Harris's (valid) attacks. No one is reading these and concluding that Harris is a liar -- they are just learning more about the facts behind her claims, with regard to important topics. Isn't that a good public service?

2
DBobjectdave.bsky.social

Are we going to get a IBCK special episode about fact-checking?

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PCpriyachand.bsky.social

Fair and BalancedTM

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CTcorvustwig.bsky.social

Donald Trump says that Haitian immigrants are eating pets in massive numbers. Many people raise pigs, cows and chickens as pets. Haitians often consume beef, pork and poultry, so we rate this statement as mostly true.

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SCwikisteff.bsky.social

It's naive to think he will land at a 20% tariff when he keeps mooting 100% tariffs on China and anyone who dedollarized ever. Also the math doesn't add up at 20% tariff - you need to go way up to 36% to pay for his trillion dollar a year cuts.

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MH
Michael Hobbes
@michaelhobbes.bsky.social
Solitary, poor, nasty, brutish and short.
53.7k followers688 following2.9k posts