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Manufacturing jobs, Trade, Jobless claims, Tariff news

Summary:
As previously discussed, unemployment benefits have become much harder to get than in prior cycles, which means they will go up that much less as employment slows, and also that they won’t function as an automatic fiscal stabilizer to the extent they did in prior cycles, which will work to delay a recovery: Tariff update- more to come: Trump says tariffs on China could be raised by another 0 billion if necessary Former Commerce secretary: Trump’s 5% tariffs on Mexico will go into place but not any further

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Manufacturing jobs, Trade, Jobless claims, Tariff news

Manufacturing jobs, Trade, Jobless claims, Tariff news

As previously discussed, unemployment benefits have become much harder to get than in prior cycles, which means they will go up that much less as employment slows, and also that they won’t function as an automatic fiscal stabilizer to the extent they did in prior cycles, which will work to delay a recovery:

Manufacturing jobs, Trade, Jobless claims, Tariff news

Tariff update- more to come:

Trump says tariffs on China could be raised by another $300 billion if necessary

Former Commerce secretary: Trump’s 5% tariffs on Mexico will go into place but not any further

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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