[ [link removed] ]Katie Porter for Governor



Donald Trump’s tariffs are bad news for everyone, and now, economists are
warning they could cause stagflation.

Stagflation is what happens when we have both inflation (higher costs) and
a stagnant economy (high unemployment, low growth).

These two things don’t normally happen at the same time, but with an
external shock like tariffs we’re at real risk of experiencing
stagflation. Inflation, like we’ve seen over the past few years, is
normally accompanied by low unemployment and often occurs when people have
extra money to spend. A stagnant economy on the other hand, usually means
prices drop.

But with stagflation, we have the worse of both worlds. It’s a devastating
combo for people and businesses.

I broke down stagflation while shuttling my kids around, [ [link removed] ]you can watch
here.

[ [link removed] ]A screenshot of a video on Katie Porter's YouTube Page titled
'Stagflation'. It shows Katie Porter looking at the camera with the
caption 'For example, tariffs,'. There is a play button over the top
corner.

I hope you learned a thing or two, and if you have a few bucks to spare,
[ [link removed] ]consider chipping in to our campaign so I can continue standing up to
Donald Trump and calling out his BS.



[ [link removed] ]Donate ›››



Katie




 




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