Viewpoints
Opinion

Inflation Is Not Soaring, and Economic Growth Is Solid

Inflation Is Not Soaring, and Economic Growth Is Solid
People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times
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Commentary

The Tariff Tantrum has proven that the consensus was wrong about soaring inflation and an economic slump. Why? The exaggerated perception of tariffs’ economic impact stemmed from the belief that American consumers would bear the full burden of tariffs. Why were they wrong?