Steve Lamar

And not just on a business level, on an individual level.

Can I ask about that?

Why is it that lower-income people buy more stuff?

Like, don't rich people also need food and clothing and materials?

Oh, and also, this tariff system is overtly misogynist.

On average, there is a 3% tariff gap between women's and men's clothes.

And again, Ed Gresser doesn't think this was malicious.

They weren't really thinking about what the outcome was going to be.

But these tariffs are outdated, and no one in Congress has thought to be like, well, maybe we should reconsider them.

There weren't that many people who were interested in this.

I mean, in Ferris Bueller's Day Off, it's what the teacher was droning on and on about.

Anyone?

A tariff bill?

Anyone?

Generally, people don't want to really think about these boring tariffs, although Trump's abuse of tariffs has really brought attention to them.

And now there's a proposed bill in Congress called the Pink Study Act.

But in the meantime, all the tariffs are still there on clothing.

If you want to avoid high tariffs, buy silks and cashmeres.

That will work.

So rich people can get away with paying fewer tariffs by owning nicer stuff.