Adam Sacks

President, Tourism Economics

[Adam Sacks @adam_sacks]

@msgwrites Just spoke these words to my son at graduation.

[Adam Sacks @adam_sacks]

@JMellinger 💯

[Adam Sacks @adam_sacks]

@collinhansen Tremendous

[Adam Sacks @adam_sacks]

@TGC @collinhansen Excellent!

[Adam Sacks @adam_sacks]

@glenscrivener @TGC This is great, Glen. Thanks for all you’re doing.

[Adam Sacks @adam_sacks]

@gavinortlund Thankful for you and this vision, Gavin.

[Adam Sacks @adam_sacks]

@MrBradDean Sounds like a visit is in order!

[Adam Sacks @adam_sacks]

@bobthune More profound the more I ponder this. From Pensées??

[Adam Sacks @adam_sacks]

@bobthune Blaise for the win!

[Adam Sacks @adam_sacks]

@DougGroothuis @2Philosophical_ It’s an excellent treatment of the case! Thanks for your work.

[Adam Sacks @adam_sacks]

@TonyReinke Beautiful and inspiring!

[Adam Sacks @adam_sacks]

https://t.co/5bFuk72cb8

[Adam Sacks @adam_sacks]

It’s the day before Easter. Twelve years after my brother died. I have questions. And I have hope. Because of Easter.

If You Had Been Here https://t.co/5bFuk72cb8 via @YouTube

[Adam Sacks @adam_sacks]

@glenscrivener (thank you)

[Stephen Hayes @stephenfhayes]

Nothing should surprise me at this point. But I will admit to being shocked at the number of longtime free-traders who have embraced this mindless, destructive tariff regime b/c of ambition, proximity to power or partisan tribalism.

[Billy Binion @billybinion]

Even if you like tariffs, it really is impossible to overstate how appalled the Founders would be with what's happening right now. They fought a revolution to ensure that one person did not have this much concentrated power. A true constitutional conservative cannot support this.

[Edward Feser @FeserEdward]

Contentious policy decisions that inflict immediate grave harm with at best uncertain future benefits should absolutely never be defended with arrogance and flippancy. That is a sure sign of ideology and partisanship rather than statesmanship and concern for the common good.

[Russ Latino @RussLatino]

I just got off the phone with a business owner in Mississippi. He’s pumped millions into a business distributing a product he imports from China. His contract with the company prevents him from manufacturing it in the U.S.

He also has contracts with a number of large retailers (Walmart, Walgreens, etc). He described some of those contracts as inflexible — requiring him to sell a unit at a set price. He told me he anticipates paying over $1 million in tariffs next week (as the 54% tariff kicks in) and has no ability to simply upcharge his retail customers to cover the expense.

In his words, “Russ, I don’t have 54% profit. This is put me out of business stuff.”

I share this because there are probably tens of thousands of businesses in similar situations. I just happened to have one reach out to me.

[David Harsanyi @davidharsanyi]

Maybe one percent of economists in the world think tariffs are a good idea.

[Joel J Miller @joeljmiller]

Thomas Sowell on Trump’s trade war:

“Oh my gosh, an utter disaster. I happen to believe that the Smoot-Hawley tariffs had more to do with setting off the great depression of the '30s than the stock market crash. Unemployment never reached double digits in any of the 12 months that followed the crash of October 1929, but it hit double digits within six months of passage of Smoot-Hawley, and stayed there for a decade. . . . When you set off a trade war, like any other war, you have no idea how that's going to end. You're going to be blindsided by all kinds of consequences. You do not make America great again by raising the price to Americans, which is what a tariff does.”