Justin Wolfers

Economist Justin Wolfers is once again attacking President Donald Trump, this time over the latter’s 50% tariffs on imports from Brazil. What Happened: On Sunday, in a post on X, Wolfers questioned the rationale behind the latest U.S. tariffs imposed on the South American nation, calling it...

Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter. What Happened: On Tuesday, in a post on X, Wolfers discussed Japan’s top trade negotiator’s recent travel to...

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed. What Happened: On Monday, Economist Peter Schiff called out Trump’s public letters to both...

Economist Justin Wolfers is warning that President Donald Trump's fixation on low interest rates could set the U.S. on a nightmarish path, one that increasingly mirrors the unrelenting inflation crisis that has gripped Turkey over the past couple of years. What Happened: On Tuesday, the University...

Sen. Bernie Sanders (I-VT) is once again taking a shot at President Donald Trump’s budget reconciliation bill, dubbed the “One Big, Beautiful Bill.” What Happened: On Sunday, Sanders posted on X with highlights from his recent remarks on the Senate floor regarding the proposed...

Senate Minority Leader Chuck Schumer (D-N.Y.) launched a scathing attack on the Republican Party’s budget reconciliation bill, dubbed the “One Big, Beautiful Bill” for its extensive cutbacks on welfare, alongside tax breaks for the wealthy. What Happened: On Thursday, Schumer did...

Two U.S. lawmakers are being called out after disclosing their stock purchases involving defense contractor L3Harris Technologies Inc. (NYSE:LHX), in the lead up to conflict with Iran, while serving on the Congressional Armed Services Committee. What Happened: On Monday, in a post on X, Nancy...

According to Economist Justin Wolfers, the tax, tariff, and budget policies of the Trump administration are creating one of the most lopsided transfers of wealth in U.S. history. What Happened: On Thursday, in a post on X, Wolfers, a prominent critic of President Donald Trump, highlighted the...

Three U.S. lawmakers have disclosed recent purchases of a pet healthcare company just weeks before a biotech bill that could benefit the company's business was introduced in Congress. What Happened: On Tuesday, Nancy Pelosi Stock Tracker, an X account that monitors U.S. lawmakers’ financial...

University 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...

White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill. What Happened: Hassett says that had the “One Big, Beautiful Bill” not passed in the House, “it would have been the biggest tax hike in American...

As U.S. Treasury yields spike alongside falling equities and a weakening dollar, investor Chamath Palihapitiya puts the blame squarely on the media and the political establishment. What Happened: On Wednesday, in a post on X, Palihapitiya, while talking about the rising yields and renewed...

Economist Justin Wolfers is once again directing criticism at President Donald Trump, this time taking aim at the administration's sweeping tax and spending bill, which Trump has described as “one big, beautiful bill.” What Happened: Speaking on the TheRickWilson podcast on Tuesday,...

On Sunday, University of Michigan economist Justin Wolfers highlighted the unusual carveouts in the new U.S.-U.K. trade framework, with leading British brands such as Rolls-Royce Plc, Aston Martin, Bentley, and several other high-end automakers effectively dodging the tariffs. What Happened: During...

Economist Justin Wolfers says the real pain from new import tariffs is likely to hit shoppers' wallets — and possibly the broader economy — long before store shelves go bare. What Happened: "I'm not sure that tariffs will lead to shortages," he posted on X. "They might lead to price hikes, or a...