Scott Lincicome
@scottlincicome.bsky.social
13K followers 190 following 2.2K posts
@CatoInstitute Vice President (Econ/Trade), @DukeLaw adjunct, @TheDispatch newsletter-er. CH❤️RTS. You didn't read the article, did you?
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scottlincicome.bsky.social
🚨NEW🚨 The Cato Institute docuseries, Faces of Globalization, follows real people here and abroad whose lives depend on the global economy in ways that challenge the current conventional wisdom. You can watch all the videos here: www.cato.org/video-series...
scottlincicome.bsky.social
"GM ends work on hydrogen fuel cells for everyday driving, scraps planned Detroit plant" www.detroitnews.com/story/busine...
scottlincicome.bsky.social
"California’s Wine Industry Is in Crisis: Changing drinking habits, falling prices, tariffs and the weather are forcing winemakers to do the unthinkable: rip up the vines" 😢 www.wsj.com/articles/cal...
scottlincicome.bsky.social
Nice: "More Working-Class Americans Than Ever Are Investing in the Stock Market: For the first time, a majority of low earners have an investment account, and more than half of those new investors entered the markets in the past five years" www.wsj.com/personal-fin...
scottlincicome.bsky.social
"Minnesota lost over $1 billion in exports in second quarter of the year" www.mprnews.org/story/2025/1...
scottlincicome.bsky.social
"Postal traffic to US still down 70% five weeks after duties exemption on low-value packages ended" apnews.com/article/de-m...
scottlincicome.bsky.social
"The Trump administration scrapped penalties for US liquefied natural gas companies that were set to take effect next week" www.bloomberg.com/news/article...
scottlincicome.bsky.social
"Copper hits $11,000 a ton for first time since May 2024" www.reuters.com/business/lme...
scottlincicome.bsky.social
De minimis: "UPS is 'disposing of' U.S.-bound packages over customs paperwork problems: Shifting Trump tariffs have created a nightmare for UPS, as thousands of packages from overseas pile up at its hubs while they await customs clearance" www.nbcnews.com/business/bus...
UPS is 'disposing of' U.S.-bound packages over customs paperwork problems
Shifting Trump tariffs have created a nightmare for UPS, as thousands of packages from overseas pile up at its hubs while they await customs clearance.
www.nbcnews.com
scottlincicome.bsky.social
"Medicare’s Real Fiscal Crisis Is Much Worse than Trust Fund Insolvency" www.cato.org/blog/medicar...
"the real danger comes from a different part of the program: Supplementary Medical Insurance (SMI)"
scottlincicome.bsky.social
"Farmer Sentiment Holds Steady as Tariff Support Drops" share.google/OHUARH0XjaHz...
Easier to be pro-tariff when you expect a tariff bailout, but even then...
scottlincicome.bsky.social
I just told you I already liked the shutdown, Harry, you don't have to sell it to me 😏 www.bloomberg.com/news/article...
scottlincicome.bsky.social
I know the term "millionaire" ain't what it used to be, but it still amazes me that in 2023 almost 18% of US households - 24M in all - were worth at least $1M. www.bloomberg.com/news/feature...
scottlincicome.bsky.social
Next week the US will impose 25% tariffs on cabinets & sofas - for "national security." It's insane (& costly & ineffective), but, sadly, par for the course.

My latest:

"Trump’s New Furniture Tariffs Are (Almost) Everything Wrong with U.S. Trade Policy Today" thedispatch.com/newsletter/c...
Trump’s New Furniture Tariffs Are (Almost) Everything Wrong with U.S. Trade Policy Today
There is no ‘national security’ basis for them, and they won’t accomplish the administration’s stated goals.
thedispatch.com
scottlincicome.bsky.social
Well well well: "Trump Excludes Generics From Big Pharma Tariff Plan" www.wsj.com/health/pharm...
Good news for American consumers (patients), but a major Trump reversal on generics and an admission that his tariffs do, in fact, raise US prices
scottlincicome.bsky.social
GOOD: "Privatize NC’s liquor sales? DOGE-style group wants to explore the cost" www.wral.com/story/privat...
scottlincicome.bsky.social
"Retail Prices Were Heading in the Right Direction—Then Tariffs Hit"
www.library.hbs.edu/working-know...

Great dataviz:
scottlincicome.bsky.social
Interesting new paper on the EITC: "tax credit targeted at low-wage (and low-skilled) workers reduces the relative return to schooling, thereby generating a powerful disincentive to pursue long-term studies." 🤔 marginalrevolution.com/marginalrevo...
scottlincicome.bsky.social
Finally: "Raleigh gives go ahead to 30-story tower at Peace and West streets" www.axios.com/local/raleig...
www.axios.com
scottlincicome.bsky.social
"Unexpected fees come with the end of de minimis, surprising consumers" www.latimes.com/business/sto...
“Until this tariff thing started, I’ve never, ever had a bill on top of my purchase.” 🤣