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Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets
(www.nbcnews.com)
this post was submitted on 26 Sep 2025
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Future economists are going to love this time period. It's basically a goldmine for papers, articles and books about the effects tariffs have. Sure, we have that sort of history already, but this time it's very well documented. Current online economy has so many new numbers you can track. You should be able to look at the data and tell exactly what went wrong and how it was reflected on everything.
Separating the various fuck ups and disasters will be the hardest part.
Economics is a messy science where you’re constantly dealing with messy data. There are always several variables at play, and their countless interactions make interpretations super tricky. You can’t really make controlled double blind experiments to isolate the effect of a specific variable.
Science, you say... Fortune telling, perhaps?
It’s still in its infancy. Give it a few centuries. Back in the 1400s physics was still full of opinions rather than theories backed up by empirical experiments. Economics hasn’t even figured out what the elementary particles or fundamental forces really are or how to measure them. That’s why all the models are pretty vague and qualitative at the moment.
Oh yes this is just extra messy. Like the federal reserve being robbed by several loosely cooperating gangs with differing goals.... During a riot caused by yet another group of gangs some of whom overlap.
A forensic nightmare within a clusterfuck.