February 22, 2026
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6:26Now PlayingDonald Trump and his team, including Kevin Hassett, scramble in full panic to spread lies after devastating tariff truth exposed by federal reserve report. John Iadarola and Tehran Von Ghasri break it down on The Damage Report. Leave a comment with your thoughts below!
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‘Bonkers’Top Trump Aide Gets Annihilated Right And Left For Claiming Tariffs Aren’t ‘Regressive’
"Jamieson Greer, President Donald Trump’s trade representative for tariffs, sparked a wave of anger on both the right and left this week when he told CNBC host Joe Kernen that tariffs are not “regressive.”
“But the other piece to keep in mind too, is it’s not regressive, most consumption in America is done by the wealthiest people, so the idea that it’s somehow regressive is just wrong, and by the way–” Greer said as Kernen joked, “A tax on wealthy people, that ought to get unanimous approval in the Hakeem Jeffries House.”
“One would think, but again, these tariffs aren’t making their way down to consumers anyway,” Greer added. Greer’s comments came just days after the Federal Reserve Bank of New York released a report finding that “nearly 90% of the tariffs‘ economic burden fell on U.S. firms and consumers.”"
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