[Dirak]

Today the S&P500 is at an all-time high, energy prices are at all-time lows, and there is no clear indication of recession. This, all in spite of the fact that for the last decade, economists have been crying that tariffs would ruin the American economy, trigger deep recession, etc.

The claim of this analysis is a significant backpedaling on the narrative they've been wrong about regarding the effects of tariffs. Instead of trying to reposition the goal posts on the effects of tariffs, it would be far more productive to simply acknowledge that the original dire predictions of tariffs did not manifest.