As stock markets experience their worst days since the pandemic crash, that’s pain that Joe Lombardo apparently supports. He told KLAS, “I think maybe we need a little pain in the short term” in response to being asked what he thought about Donald Trump’s tariffs, which are having a devastating economic impact on working class families. This comes after Lombardo downplayed tariffs’ impact on Nevada’s housing market telling reporters that he’ll “make adjustments on the fly.” When asked last month by KSNV about prices going up in response to Trump’s cost-raising tariffs, Lombardo told reporters he is “not commenting on this topic.”
Recent reporting from the New York Times, from even before last week’s tariffs were announced, found that Donald Trump’s previous round of tariffs could result in the loss of nearly 50,000 trade-dependent jobs in Nevada, including 66% of all jobs in Storey County. At a time when federal employees in Nevada, including veterans, are being indiscriminately laid off and unemployment, homelessness, and food insecurity continue to rise under Lombardo, Trump’s reckless and erratic tariffs will continue to have devastating impacts on Nevada’s economy by driving prices up and killing jobs. Further, an independent study estimates that the cumulative impact of Trump’s tariffs will result in an average effective pay cut of $3,800 for U.S. households.
Nevada State Democratic Party spokesperson Tai Sims:
“While Nevadans’ retirements vanish before their eyes, Joe Lombardo would rather bend the knee to Donald Trump’s price-raising agenda than stand up for working class families. Lombardo may think that Nevadans need to feel ‘short term pain,’ but on his watch working families are already being crushed by rising unemployment and record-high housing costs and Trump’s reckless tariffs are only harming working people further.”
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