Staff Reports
In a familiar pattern of left-wing elitism, 16 Nobel Prize-winning economists have banded together to condemn Donald Trump’s economic plans. The group, including names like Joseph Stiglitz and Robert Shiller, warn of potential inflation should Trump be reelected and implement his proposed budgets.
The letter’s assertion that Trump could reignite inflation through “fiscally irresponsible budgets” is laughable considering the current administration’s astronomical budget deficit projections. Under Joe Biden, the deficit for 2024 is expected to hit $1.9 trillion, partially fueled by questionable policies such as student debt forgiveness. To suggest Biden’s approach is more fiscally responsible is ludicrous, especially given the rampant inflation Americans are facing.
Ah-mazing. CNN's Kate Bolduan and Matt Egan had a puff piece report on the letter from Nobel economists hyperventilating about Trump winning, claiming it'd be disaster for the economy.
Neither one mentioned they include partisan Democrats, including Janet Yellin's husband. pic.twitter.com/zvZP2Gqy9h
— Curtis Houck (@CurtisHouck) June 26, 2024
Furthermore, the claim that inflation has decreased “remarkably fast” is disconnected from reality. Everyday Americans are grappling with soaring prices and high interest rates, making light of their struggles is insensitive. The letter from these so-called experts may inadvertently bolster Trump’s appeal as a candidate who stands apart from the deceiving establishment figures.
The credibility of authority figures has waned in the eyes of the public due to past falsehoods and manipulation. Rather than dissuading support for Trump, the condescending letter from these economists may inadvertently drive more voters towards the former president.
