Source: CounterPunch
by Dean Baker
“I learned basic arithmetic skills in third grade. I wasn’t exceptional; everyone in my public school third-grade class learned them. Of course, we all can now use computers to have calculations done for us in a fraction of a second. But still, somehow we have major national debates that show zero understanding of even the most basic arithmetic. The latest example is the $2,000 tariff dividend check that Trump is promising us. The arithmetic here is about as simple as it gets. We have roughly 340 million people in the country. Let’s say 10 percent don’t get the check because they meet Trump’s category of ‘high-income.’ That leaves over 300 million people getting Trump’s $2,000 checks. That comes to more than $600 billion. Trump’s tariffs are raising around $270 billion. That means we will be paying out $330 billion more in Trump tariff dividend checks than he is raising in tariff revenue.” (11/12/25)