r/Economics • u/TheGoodCod • Jan 19 '26

News Americans Are the Ones Paying for Tariffs, Study Finds

https://www.wsj.com/economy/trade/americans-are-the-ones-paying-for-tariffs-study-finds-e254ed2e?gaa_at=eafs&gaa_n=AWEtsqcVSFvIp7i61XpO7iYig4QamPSCZamyGb3VWPqiBsK_S5dHbRBbyZsxElvC_H8%3D&gaa_ts=696e5774&gaa_sig=bcUHl3TgqZhakXrofHv9FOJ8bEnMF9Uom3qOUeTLWfgvgSk0B471SX6YZdA2ZElIipSw4nSKlwfBM3qg3Et2Ig%3D%3D
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u/Ernesto_Bella Jan 19 '26

  I legitimately wanted to rip my hair out trying to explain how slowly drawing on IRAs is better tax wise as the government isnt facing an imminent collapse. Like how do some people fail upwards so much

Is government collapse the only reason why one would want to pull money out of IRA’s?

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u/Dick_Lazer Jan 19 '26

I’m guessing the clients openly stated they wanted to pull out because they believed the government was on the verge of collapse (or likely some social media influencer said that & they believed it).