16 Nobel Prize-winning economists say Trump policies will fuel inflation

"Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wins the U.S. presidential election in November.
The jointly signed letter, first reported by Axios, says the economic agenda of U.S. President Joe Biden, a Democrat, is "vastly superior" to Trump's, the former Republican president seeking a second term."

https://www.reuters.com/world/us/16-nobel-prize-winning-economists-say-trump-policies-will-fuel-inflation-2024-06-25/

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Bumbles · 51-55, M

Yeah, but Trump said “Tariff” is a beautiful word, so….yeah.

BohemianBabe · M

@Bumbles Can't argue with that logic.

whowasthatmaskedman · 70-79, M

@Bumbles Just as long as people understand tariff is just another word for tax...😷

Bumbles · 51-55, M

@whowasthatmaskedman "And we pass those taxes onto YOU!"

whowasthatmaskedman · 70-79, M

@Bumbles Its just beautiful that so many Americans are so slow to catch on.. They earned this...😷

Bumbles · 51-55, M

@whowasthatmaskedman And Farmers SHOULD know better.

whowasthatmaskedman · 70-79, M

@Bumbles There really is something to the idea that simply being born American makes you right. And you dont need to know $h*t.. And thats where MAGA lives..😷

Bumbles · 51-55, M

@whowasthatmaskedman Reveling in ignorance is part of the fun See: War Against Expertise, Elites, and the Educated.

whowasthatmaskedman · 70-79, M

@Bumbles Well, it will ultimately be ther downfall as they are outcompeted from without and within. It will be interesting to see if the Chinese or the indian subcontinent win out..😷

Bumbles · 51-55, M

@whowasthatmaskedman Ahh, the Chinese. I think the American economy is more facile, but I think they will be on par soon enough. Now about those Sea Lanes...

India is really interesting, but I don't know much about their economy. I know their impact on the US in terms of their immigrants has been nothing short of spectacular.

whowasthatmaskedman · 70-79, M

@Bumbles Yeah.. They already have a large English speaking edge and a highly western educated upper class.. They will be working from within..😷