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@ernietedeschi Avatar @ernietedeschi Ernie Tedeschi

Ernie Tedeschi posts on X about tariffs, shoes, gdp growth, gdp the most. They currently have XXXXXX followers and XXX posts still getting attention that total XXXXXXX engagements in the last XX hours.

Engagements: XXXXXXX #

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Mentions: XX #

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Followers: XXXXXX #

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CreatorRank: XXXXXX #

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Social Influence #


Social category influence finance #776 countries

Social topic influence tariffs #59, shoes, gdp growth, gdp, countries, federal reserve, inflation #34, $110b, canada, $4732t

Top Social Posts #


Top posts by engagements in the last XX hours

"@The_Budget_Lab The 2025 tariffs disproportionately affect clothing and textiles with consumers facing XX% higher shoe prices and XX% higher apparel prices in the short-run. Shoes and apparel prices stay XX% and XX% higher in the long-run respectively. 5/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-07 23:39:00 UTC 36.5K followers, 65.7K engagements

"@The_Budget_Lab Tariffs are a regressive tax especially in the short-run. The short-run burden on 1st decile households (as a % of income) is 3x that of the top decile (-3.9% versus -1.1%). The average annual cost to the 1st & top decile are $1500 & $5700 respectively; median is $2500. 4/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:45:56 UTC 36.6K followers, XXX engagements

"@The_Budget_Lab US real GDP growth over 2025 is -0.7pp lower from all 2025 tariffs. In the long-run the US economy is persistently -XXX% smaller the equivalent of $110B annually in 2024$. The unemployment rate rises +0.4pp by the end of 2025 & payroll employment is -538000 lower. 6/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-07 23:39:06 UTC 36.6K followers, 54.2K engagements

"@The_Budget_Lab Canada has borne the brunt of the damage from US tariffs so far with its long-run economy -XXX% smaller in real terms. Chinas economy is -XXX% smaller 1/2 as large as the hit to the US. The UKs is XXX% bigger thanks in part to the benefits of US-UK trade deal. 8/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:21 UTC 36.6K followers, XXX engagements

"My pet theory is that people who laser focus on urban areas will be more skeptical of the USs relatively high standing in global GDP-per-capita rankings while people who also see our suburbs are more likely to accept them"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-09 12:07:14 UTC 36.6K followers, 91.3K engagements

"US real GDP growth over 2025 is -0.8pp lower from all 2025 tariffs. In the long-run the US economy is persistently -XXX% smaller the equivalent of $120B annually in 2024$. The unemployment rate rises +0.4pp by the end of 2025 & payroll employment is -578000 lower. 6/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-11 17:15:25 UTC 36.5K followers, XXX engagements

"New Treasury data show US raised $26.6B in tariff revenue in June 2025. We were raising $7B/m before the new tariffs so we've raised $20B in revenue in June alone & $45B in 2025 so far from 2025 policy. Average tariff rate in June was XX% vs. XXXX% policy-implied June avg"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-11 18:29:21 UTC 36.6K followers, 173.7K engagements

"@The_Budget_Lab Full @The_Budget_Lab report here: Thank you @AnaSwanson @nytimes for highlighting our work. 10/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:33 UTC 36.6K followers, 3041 engagements

"@The_Budget_Lab In the long-run tariffs present a trade-off. US manufacturing output expands by XXX% but these gains are more than crowded out by other sectors: construction output contracts by XXX% and agriculture declines by 0.8%. 7/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:15 UTC 36.6K followers, XXX engagements

"New @The_Budget_Lab tariff analysis incorporating 1) the US-Vietnam framework announced July X and 2) the July X letters to XX countries with new "reciprocal" tariff rates which go into effect August X. In brief. 1/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-07 23:38:35 UTC 36.4K followers, 26.2K engagements

"@The_Budget_Lab The 2025 tariffs disproportionately affect clothing and textiles with consumers facing XX% higher shoe prices and XX% higher apparel prices in the short-run. Shoes and apparel prices stay XX% and XX% higher in the long-run respectively. 5/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:02 UTC 36.6K followers, XXX engagements

"Unlike the Consumer Price Index (CPI) the Producer Price Index (PPI) doesn't include imports. Tariffs only indirectly affect PPI through later stages of the production process"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-16 13:31:16 UTC 36.6K followers, 176K engagements

"@The_Budget_Lab The price level from all 2025 tariffs rises by XXX% in the short-run the equivalent of an average per household income loss of $2800 in 2025$ assuming no Federal Reserve reaction. The post-substitution price increase settles at XXX% a $2300 loss per household. 3/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:45:50 UTC 36.6K followers, XXX engagements

"2.9% SAAR in Q2 would put the two-quarter average over Q1 and Q2 at XXX% SAAR which is 1) weak but not recessionary on its own 2) a reasonable guess for where 2025 Q4-Q4 will end up (I've been at 1-1.5% over all of 2025)"
@ernietedeschi Avatar @ernietedeschi on X 2025-06-27 15:29:21 UTC 36.5K followers, 4593 engagements

"Low fertility brings challenges--especially fiscal ones--& low fertility may be a signal of bad conditions for raising kids though most EU countries have stronger family policies than the US. But the existential implications are overstated. There will still be lots of Europeans"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 12:15:38 UTC 36.6K followers, 3640 engagements

"One potential effect of a more politically-captive Fed is that they have even less influence over the long-end of the curve than normal: cuts to policy rates are offset in market pricing by rises in inflation compensation & term premia. So less relief on mortgages & auto loans"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-16 13:28:16 UTC 36.6K followers, 15.5K engagements

"CEA doesn't provide the longer post-2023 history for this series that they did with all goods but the overall PCE price index for durables saw a break from its 2-year declining trend and began rising. Durable goods are now XXX% higher against this prior trend. /4"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-08 15:23:49 UTC 36.6K followers, 20.5K engagements

"@AlexGodofsky Genuinely brave move by Nikki Haley at the time"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 03:14:01 UTC 36.5K followers, XXX engagements

"New @The_Budget_Lab tariff analysis incorporating the XX% Mexico & EU tariff rates which like the rest of last week's letters and the XX% copper tariff go into effect August X. In brief. 1/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:45:38 UTC 36.6K followers, 9557 engagements

"This is functionally equivalent to saying "We already have universal health insurance. it's through your employer.""
@ernietedeschi Avatar @ernietedeschi on X 2025-07-13 20:28:26 UTC 36.6K followers, 8570 engagements

"@The_Budget_Lab All tariffs to date in 2025 raise $XXX trillion over 2026-35 with $XXX billion in negative dynamic revenue effects bringing dynamic revenues to $XXX trillion. Tariffs under July XX policy (as of Aug 1) reach 3/4 of April X policy (20.6% vs. XX% effective tariff rate). 9/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:27 UTC 36.6K followers, 2422 engagements

"Headline CPI at XXXX% MM Core CPI at XXXX% MM roughly in line with expectations. The impact of tariffs is becoming more salient. Apparel which had seen cool inflation the last X months grew XXX% in June. Household furnishings grew 1%. Video & audio electronics grew 1.1%"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-15 12:42:03 UTC 36.6K followers, 106.2K engagements

"@The_Budget_Lab The 2025 tariffs disproportionately affect clothing and textiles with consumers facing XX% higher shoe prices and XX% higher apparel prices in the short-run. Shoes and apparel prices stay XX% and XX% higher in the long-run respectively. 5/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-11 17:15:19 UTC 36.5K followers, XXX engagements

"@The_Budget_Lab US real GDP growth over 2025 is -0.9pp lower from all 2025 tariffs. In the long-run the US economy is persistently -XXX% smaller the equivalent of $135B annually in 2024$. The unemployment rate rises +0.5pp by the end of 2025 & payroll employment is -641000 lower. 6/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:46:09 UTC 36.6K followers, XXX engagements

"So the proper point of comparison is not import-to-domestic. It's import prices against their own trend. Notice off the bat that CEA's durable goods import price index is up by XXX% since December. It's very likely that's against a pre-2025 where prices were falling. /3"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-08 15:23:48 UTC 36.5K followers, 1698 engagements

"@The_Budget_Lab Consumers face an overall average effective tariff rate of XXXX% a 18.2pp increase from 2024 & the highest since 1910. After consumers & businesses shift spending in reaction to the tariffs the average tariff rate will be XXXX% a 17.3pp increase & the highest since 1933. 2/10"
@ernietedeschi Avatar @ernietedeschi on X 2025-07-14 13:45:44 UTC 36.6K followers, 2189 engagements