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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
The U.S. trade deficit increased from $502 billion in 2016 to $552 billion in 2017, an increase of $50 billion or 10%. [367] During 2017, total imports were $2.90 trillion, while exports were $2.35 trillion. The net deficit in goods was $807 billion, while the net surplus in services was $255 billion. [368]
A 2007 Congressional Budget Office study found that incomes in affected families rose by 35%. [27] The reforms were "widely applauded" [28] after "bitter protest." [22] The Times called the reform "one of the few undisputed triumphs of American government in the past 20 years."
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