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@ericadyork "There are at least five falsehoods in the first paragraph of the Trump administrations brief to the Court. 🧵"
X Link @ericadyork 2025-11-04T17:00Z 13.2K followers, 258.7K engagements

"You can actually go to the Treasury Department website and see the money the government takes in and spends. If you zoom in you can see the tariff revenue line which totals $XXX billion for the entire 2025 Fiscal Year. Only a portion of those tariffs would be refunded"
X Link @ericadyork 2025-11-07T02:09Z 13.2K followers, 44.2K engagements

"Theyre all the same"
X Link @ericadyork 2025-11-08T00:11Z 13.2K followers, 33.4K engagements

"The math gets worse accounting for the full budgetary impact of tariffs: a dollar of tariff revenue offsets about XX cents of income and payroll tax revenue. Adjusting for that tariffs have raised $XX billion of net revenues compared to Trumps proposed $XXX billion rebate"
X Link @ericadyork 2025-11-09T14:01Z 13.2K followers, 10.8K engagements

"I talked with @MorningEdition about the math problem behind the Presidents $2000 tariff check idea"
X Link @ericadyork 2025-11-11T14:42Z 13.2K followers, 15K engagements

"Someone asked me today where the President is getting his various tariff income numbers: $X trillion $X trillion $X trillion $XX trillion and $XX trillion have all been used recently. I honestly have no earthly idea"
X Link @ericadyork 2025-11-12T00:31Z 13.2K followers, 12.8K engagements

"Lets be clear: tariffs are a tax. Tariffs raise prices limit choices and cut into workers paychecks and business profits. Yes tariffs raise revenue but alongside other Trump policies the US budget deficit is higher not lower"
X Link @ericadyork 2025-11-11T15:32Z 13.2K followers, 10.5K engagements

"Wait. If lowering tariffs lowers prices what does raising tariffs do to prices"
X Link @ericadyork 2025-11-12T20:00Z 13.2K followers, 57.5K engagements

"Roughly XXX million taxpayers make under $100000 so the tariff checks would cost at least $XXX billion. Depending how they design the income limit it could also really mess with the incentives people face. If the goal is taxpayer relief just get rid of the tariffs"
X Link @ericadyork 2025-11-12T21:20Z 13.2K followers, 2546 engagements

"5. There is no repayment obligation to other countries. Some firms and countries have made vague pledges of new investments but there are no trillions to pay back if those investment pledges don't pan out"
X Link @ericadyork 2025-11-04T17:09Z 13.2K followers, 4669 engagements

"lol that's the point"
X Link @ericadyork 2025-11-04T17:25Z 13.2K followers, 144.8K engagements

"The national emergency Trump declared to impose tariffs under IEEPA was that the United States has a trade deficit. The US has run a trade deficit every year since 1976 the year before IEEPA was signed into law"
X Link @ericadyork 2025-11-05T15:57Z 13.1K followers, 16.1K engagements

"This post is apparently not a joke"
X Link @ericadyork 2025-11-05T23:16Z 13.2K followers, 174.4K engagements

"Hows the manufacturing sector"
X Link @ericadyork 2025-11-06T03:20Z 13.2K followers, 10.2K engagements

"You see a significant number of companies either announcing that they are not going to be doing much hiring or actually doing layoffs Federal Reserve Chair Jerome H. Powell said. Were watching that very carefully"
X Link @ericadyork 2025-11-06T17:17Z 13.2K followers, 1407 engagements

"According to Treasury Department analysis tariffs reduce real after-tax wages"
X Link @ericadyork 2025-11-07T20:16Z 13.1K followers, 31.5K engagements

"I got to chat with @NPR about a good tax policy: permanent XXX% bonus depreciation. It lowers the cost of capital and increases incentives to invest"
X Link @ericadyork 2025-11-08T15:06Z 13.2K followers, 1428 engagements

"Its not much better on an annualized basis. @TaxFoundation projects Trumps tariffs will generate $XXX billion of net revenues in 2026"
X Link @ericadyork 2025-11-09T14:09Z 13.2K followers, 7310 engagements

"Demanding rate cuts while also demanding a massive fiscal stimulus is not how you tame inflation"
X Link @ericadyork 2025-11-09T14:43Z 13.2K followers, 9311 engagements

"Trumps lawyer also just argued before the Supreme Court that the tariffs would be most effective if no one ever pays them. So does the CEA thinks the tariffs wont be effective Or was the lawyer wrong and the tariffs are supposed to raise revenue"
X Link @ericadyork 2025-11-09T20:45Z 13.1K followers, 4236 engagements

"Whats not happening: tariff dividends. What is happening:"
X Link @ericadyork 2025-11-09T21:51Z 13.2K followers, 3658 engagements

"@ModeledBehavior @JustinWolfers Maybe yes if dollar weakness is also a side-effect of the policy choices"
X Link @ericadyork 2025-11-10T16:31Z 13.2K followers, 1027 engagements

"The government shutdown has reached its 40th day and is delaying key federal data releases"
X Link @ericadyork 2025-11-09T18:00Z 13.2K followers, 2173 engagements

"The Trump Administrations brief to the Supreme Court cited estimates that the tariffs would reduce the deficit by $X trillion over the next decade"
X Link @ericadyork 2025-11-09T20:57Z 13.2K followers, 21.3K engagements

"@GhostofArtBell The $XXX billion is our estimate of a full calendar year of new tariffs it doesnt include the baseline. For this calendar year yes it will be lower"
X Link @ericadyork 2025-11-11T16:02Z 13.2K followers, XXX engagements

"Is the new XX% tariff on imports from Canada related to the fentanyl emergency or the reciprocal trade emergency or are hurt feelings also now a national emergency"
X Link @ericadyork 2025-10-25T21:25Z 13.2K followers, 691.1K engagements

"The Trump administrations brief to the Supreme Court says: "President Trump determined that tariffs are best suited to address the trade-deficit and drug-trafficking emergencies and those determinations warrant deference.""
X Link @ericadyork 2025-11-04T20:53Z 13.2K followers, 31.4K engagements

"The country will die if we go back to the tariff policy of Trumps first term"
X Link @ericadyork 2025-11-05T00:36Z 13.2K followers, 20.4K engagements

"The President must have finally heard that oral arguments did not go so well for his side"
X Link @ericadyork 2025-11-09T13:39Z 13.2K followers, 171.4K engagements

"The President just proposed a $2000 tariff dividend for each person excluding high-income earners. If the cutoff is $100000 150M adults would qualify for a cost near $XXX billion. If kids qualify that grows. Only problem new tariffs have raised $XXX billion so far"
X Link @ericadyork 2025-11-09T13:57Z 13.2K followers, 426.2K engagements

"If the Court ultimately rules the IEEPA tariffs illegal it would strike down roughly three-fourths of the new tariff revenue collected under President Trump. The remaining Section XXX tariffs would leave the US tariff rate at 4.6%still a 52-year high"
X Link @ericadyork 2025-11-09T17:57Z 13.2K followers, 11.4K engagements

"Trump Again Floats Idea of Giving $2000 to Most Americans. Heres What to Know"
X Link @ericadyork 2025-11-10T15:13Z 13.2K followers, 2380 engagements

"If the President sends $2000 checks to the XXX million people who make less than $100K it would cost about $XXX billion. The tariffs are projected to raise about $XXX billion annually. There would be no leftover tariff revenue"
X Link @ericadyork 2025-11-10T18:32Z 13.2K followers, 155.3K engagements

"The US has not actually taken care of its deficit problem and sending out $2000 checks to millions of Americans would make the deficit problem worse"
X Link @ericadyork 2025-11-10T20:45Z 13.2K followers, 51.3K engagements

"The President is confusing tariff revenues with investment plans Tariff revenues are paid by US importers (CBP shows $89B paid through mid-Sept) and would need to be returned. Investment plans from foreigners are separate and would not require repayment if abandoned"
X Link @ericadyork 2025-11-11T00:07Z 13.2K followers, 18.1K engagements

"Evidence that Trump et al. understand tariffs are taxes that increase prices for consumers they just usually lie about it"
X Link @ericadyork 2025-11-12T00:48Z 13.2K followers, 10.5K engagements

"@burtgurney They would in all likelihood use the tax system to administer tariff rebates so it would be tax units reporting less than $100000"
X Link @ericadyork 2025-11-12T21:55Z 13.2K followers, XX engagements

"Secretary Bessent suggests the tariff dividend income cutoff would be $100000. That will cost at least $XXX billion. Tariffs are projected to generate about $XXX billion a year. 👇"
X Link @ericadyork 2025-11-12T22:06Z 13.2K followers, 65K engagements