Donald Trump's plan to help the U.S. economy isn't just failing; it's incoherent, according to an economics professor.
Noted economist Justin Wolfers appeared on MS NOW on Thursday, where he was asked about recent statements Trump has made about the economy.
Beginning with a fact check, Wolfers says, "The overwhelming feelingsense I got from watching thepresident was just trying tocount the number of lies, and Iran out of fingers and toes. Helied and said that prices arecoming down. He liedwhen he said prices were at anall-time high under President Biden. They're at an all-timehigh right now. He lied when hesaid that inflation was lowinflation. 2.7%, that's thenumber he used, is well abovethe Fed's target."
He went on to call out an "incoherent policy."
"We werepromised that that [tariffs were implemented] so thatwe could rescue themanufacturing sector. As youand I have discussed many times,when you put tariffs on steeland aluminum, you actually makeit harder for Americanfactories to do business. Andso you're seeing an incoherentpolicy having quite unexpectedeffects."
Leave a Comment
Related Post
