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Trump-Musk Feud Moment 'Expected' By Generations Of Economics Students: 'Vicious Fights Can Break Out' Among Friends Over Budget, Says Justin Wolfers
Monday, June 9, 2025 - 1:19am | 659University of Michigan economist Justin Wolfers says critics who claim economists are “terrible forecasters” should read his co-authored textbook from 2020, which he insists foretold the very public clash between Elon Musk and President Donald Trump. What Happened: Wolfers wrote on X...
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Trump's Economic Gambit Sparks Fierce Debate As Cathie Wood Sees A Reagan-Style Boom, Obama Adviser Calls Musk's Role A 'Performance Art'
Wednesday, February 26, 2025 - 6:36am | 873Prominent economists and market experts are offering sharply contrasting perspectives on the potential economic impact of Elon Musk‘s role in the Department of Government Efficiency (DOGE), highlighting broader debates about the Donald Trump administration’s fiscal policies. What...
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Trump Faces Backlash After Suggesting Car Assembly In America Is So Simple A 'Child Could Do' — Former Obama Adviser Challenges Ex-President To Put Together A Car At Next Rally
Wednesday, October 16, 2024 - 12:58am | 827Former President Donald Trump drew sharp criticism from labor advocates and Democratic officials after suggesting automotive assembly work is so simple that “we could have our child doing it,” prompting a former President Barack Obama‘s economic adviser to challenge him to...
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Former Obama Adviser Points Out Chief Ben Bernanke Couldn't Get A Mortgage After He Left The Fed: 'Idea That Undocumented Immigrants Are Applying For And Getting Mortgages Is The Craziest'
Tuesday, October 8, 2024 - 9:42pm | 589Betsey Stevenson, a former economic adviser to former President Barack Obama, has challenged the notion that undocumented immigrants are readily obtaining mortgages in the United States. What Happened: Stevenson, now an economist at the University of Michigan, took to X, formerly Twitter, to...
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Data Scientist's Election Prediction, Kamala Harris Receives Historic Endorsement From Magazine, Elon Musk Suggests Warren Buffett Is Preparing For A Harris Win And More: Top Political Update This Week
Sunday, September 22, 2024 - 7:00am | 538The past weekend was filled with riveting news, from a data scientist’s election forecast to Elon Musk‘s response to the Trump campaign’s allegations. Here’s a quick roundup of the top stories that made headlines. Data Scientist Predicts ‘Drastic Landslide’ for...
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Obama-Era Economist Says She Is 'Pleasantly Surprised' That JD Vance Thinks The 'Economy Is Too Strong For The Rate Cut'
Wednesday, September 18, 2024 - 10:07pm | 534On Wednesday, Betsey Stevenson expressed her astonishment at Donald Trump’s running mate J.D. Vance and his supporters’ economic optimism despite the Federal Reserve’s recent rate cut. What Happened: Stevenson, a former Obama administration economic advisor, shared her views on X...
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JD Vance Slammed By Ex-Obama Advisor For Spewing Frustrating' Lies On Tariffs, Stresses Need For Fact-Based Policy
Thursday, August 29, 2024 - 10:15pm | 620Former Obama administration economic adviser Betsey Stevenson criticized Republican vice presidential nominee J.D. Vance on Thursday for spreading misinformation about the effects of tariffs on consumer prices. What Happened: Stevenson, who served on 44th U.S. President Barack Obama‘s...
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Paul Krugman Backs Former Obama Advisor, Criticizes The Term 'Unskilled Labor:' Being A Plumber Or Carpenter Can Require More 'Human Skill' Than Being A Wall Street Trader
Tuesday, August 20, 2024 - 11:28pm | 851In a recent social media exchange, two renowned economists, Paul Krugman and Betsey Stevenson, engaged in a thought-provoking discussion about the problematic nature of the term “unskilled labor.” What Happened: Krugman, a Nobel laureate, responded to Stevenson’s post, agreeing...
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Trump Cheering Anti-Union Tactics in Musk Interview: Obama-Era Labor Economist Warns, 'I'm No Campaign Manager But This Doesn't Seem Like A Good Strategy'
Tuesday, August 13, 2024 - 9:22pm | 465Betsey Stevenson, the Obama-era chief economist at the Department of Labor, expressed her concerns over Donald Trump’s Tuesday interaction with Tesla and SpaceX CEO Elon Musk on X. Trump had called Musk “the greatest cutter” for alleged attempts at stifling workers’...