Key Takeaways
- Lyn Alden criticized US fiscal and trade policy for failing to lower living costs.
- She questioned trickle-down economics.
- She flagged that some China data series have not been updated since October 2015.
1. US Fiscal and Economic Policy Under Fire
- Lyn Alden sarcastically noted that a $2 trillion deficit, new tariffs on goods, and a new war in the Middle East have not effectively lowered the cost of living. This highlights growing tension between expansionary fiscal and trade policy and household affordability. — via 1
- She also shared a skeptical retweet about trickle-down wealth, questioning whether benefits to the wealthy ultimately reach ordinary workers. This adds to ongoing debates about income distribution and tax policy. — via 1
2. China Data Availability
- Lyn Alden passed along a comment noting that useful data series for studying China often stopped updating as of October 2015, reflecting durable data accessibility problems. This is an important caveat for analysts and researchers relying on Chinese official statistics. — via 1
