EXCLUSIVE: Plurality Of Swing Voters Support Trump’s China Tariffs, New Poll Reveals
A new survey by the Protecting America Initiative (PAI) found that voters in swing districts support Trump’s tariffs and trust him more than major re…
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Hallmark's Price Hikes: Is This 'Greedflation'?
Hallmark's Price Hikes Spark 'Greedflation' Debate: An Economic Investigation Hallmark, a well-known greeting card company, recently increased prices, citing tariffs as the reason. However, a recent video analysis by economist Christopher Clarke challenges this claim. Clarke's research reveals that 70% of Hallmark's greeting cards are manufactured domestically in Lawrence, Kansas. This raises concerns about whether the company is using tariffs as a pretext to justify price increases. The video delves into the complexities of the issue, exploring the role of international supply chains and competition in price setting. Clarke points to a lack of correlation between industry concentration and price hikes, supporting his argument against 'greedflation'. "Businesses can't just charge any price they want," Clarke states in the video. "The question is whether they are taking advantage of the situation to increase profits." The video cites several research papers and reports to support its findings. One study found that the price-cost markup's contribution to inflation was 'rather small'. Another highlighted the lack of a strong correlation between markup growth and price growth. The investigation raises important questions about corporate pricing practices during inflationary periods and the transparency of companies' justifications for price increases. It underscores the need for consumers to be more aware of the factors influencing the cost of goods and for businesses to be more transparent about their pricing strategies.
