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← The cure for the trade deficit is to tax consumption instead of saving…
17 connected korrents · 14 moments from 1 Jun 2022 to 20 Sept 2026. Nearly all of them are about tariffs .
Everything filed under fiscal policy
fiscal policy
Everything filed under America
America
Everything filed under inflation
inflation
Everything filed under public debt
public debt
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Read this korrent: The cure for the trade deficit is to tax consumption instead of saving and investment, and to stop borrowing to fund consumption.
The cure for the trade deficit is to tax consumption instead of saving and investment, and to stop borrowing to fund consumption.
Last stated 2 years ago
14 Apr 2025
JC
John H. Cochrane — holds since 2025-04-14 — tap for who they are
Same subject: A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. — tap to centre the map on it
A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens.
Last stated 2 years ago
20 Jan 2025
DT
Donald Trump — holds since 2025-01-20 — tap for who they are
Same subject: A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off. — tap to centre the map on it
A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off.
Last stated a year ago
30 May 2025
GS
Guy Spier — holds since 2025-05-30 — tap for who they are
Same subject: America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would. — tap to centre the map on it
America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would.
Last stated 2 months ago
7 Sept 2026
PK
Paul Krugman — holds since 2026-09-07 — tap for who they are
Same subject: Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. — tap to centre the map on it
Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home.
Last stated 2 years ago
14 Apr 2025
JC
John H. Cochrane — holds since 2025-04-14 — tap for who they are
Same subject: Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner. — tap to centre the map on it
Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner.
Last stated 8 months ago
9 Feb 2026
JC
JL Collins — holds since 2026-02-09 — tap for who they are
Same subject: Import prices have risen under Trump's tariffs, undercutting claims that foreigners would pay them. — tap to centre the map on it
Import prices have risen under Trump's tariffs, undercutting claims that foreigners would pay them.
Last stated a month ago
20 Sept 2026
PK
Paul Krugman — holds since 2026-09-20 — tap for who they are
Same subject: Persistent US trade deficits are the mirror image of trade partners' capital account surpluses caused by beggar-thy-neighbor industrial policy — tap to centre the map on it
Persistent US trade deficits are the mirror image of trade partners' capital account surpluses caused by beggar-thy-neighbor industrial policy
Last stated 2 years ago
7 Apr 2025
SH
Samuel Hammond — holds since 2025-04-07 — tap for who they are
Same subject: Rebuilding American manufacturing is a decades-long educational and cultural project, not something tariffs can do. — tap to centre the map on it
Rebuilding American manufacturing is a decades-long educational and cultural project, not something tariffs can do.
Last stated 10 months ago
25 Dec 2025
MH
Molson Hart — holds since 2025-12-25 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them — tap to centre the map on it
A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them
Last stated 3 years ago
11 May 2023
RB
Roy Baumeister — holds since 2023-05-11 — tap for who they are
Same subject: Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster. — tap to centre the map on it
Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. — tap to centre the map on it
Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.
Last stated 2 months ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation. — tap to centre the map on it
Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation.
Last stated 2 years ago
8 Jan 2025
LA
Lyn Alden — holds since 2025-01-08 — tap for who they are
Same subject: The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today. — tap to centre the map on it
The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Last stated 7 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2015 to today — full is today a face: someone who holds the claim — tap it for who they are