Economist Justin Wolfers pushed back against President Donald Trump’s recent tariff claims, criticizing them for being misleading.
Argument Built On ‘Lies’ And ‘Exaggerations’
On Thursday, in a post on X, Wolfers slammed Trump’s claims, noting that the entire argument was built on lies and exaggerations.
Wolfers said, “When the strongest argument for your policy is a list of lies (I count 7) and exaggerations (another 5),” the outcome is a lot more revealing than a “wonky list of truths.”
See Also: Trump’s Recent Tariff Rollbacks Erase Nearly $800 Billion In Expected Debt Reduction: CBO
His post comes in response to a Truth Social post by Trump earlier this month, where he championed his trade and tariff policies as the backbone of U.S. economic strength. “People that are against Tariffs are fools,” Trump said, adding that the U.S. was now “the richest, most respected country in the world.”
He also added that the country had “almost no inflation,” amid a “record stock market,” while pointing to the strong performance of retirement savings, saying that 401K’s were at their “highest ever.”
Trump said that the country was “taking …