Justin Wolfers

Top economist Justin Wolfers has warned of a growing “affordability crisis” as the newly released May CPI report reveals that “real wages” have been falling for six consecutive months, completely eroding worker gains in 2026. Shocks Batter Paychecks According to Wolfers, the...

Economist Justin Wolfers on Sunday raised concerns that Americans will continue to face the pressure of higher energy prices linked to the conflict with Iran, which would hurt family budgets. Higher Energy Prices To Persist In a post on X, Wolfers said "We’re still gonna be paying more...

Economist Justin Wolfers on Tuesday warned of rising food prices if the disruption in the Strait of Hormuz continues, which is not only driving oil prices higher but also fertilizer costs. In a post on X, Wolfers wrote, “The big story right now is oil. The next story is food.” He added...

The U.S. Justice Department has "forever barred" the Internal Revenue Service from pursuing audits into past tax claims involving President Donald Trump, his relatives and his companies, according to a one-page document released Tuesday that expanded a controversial settlement over leaked tax...

Economist Justin Wolfers highlighted that the oil shock stemming from the conflict in Iran is rippling across the economy, driving up gasoline and jet fuel prices while also impacting construction and other industries.      Metaphor Effect In Monday's post on X, Wolfers said, "...

Economist Justin Wolfers argued that surging oil prices and bond market turmoil stemming from the ongoing conflict in the Middle East could result in a political risk ahead of the November midterm elections. In Sunday’s post on X, Wolfer said, "As it becomes increasingly clear that the mess...

The U.S. Court of International Trade ruled Thursday that President Donald Trump's 10% global tariffs were unlawfully imposed under a 1970s trade statute, delivering another legal setback to the administration's trade agenda. This has prompted reactions from economists, governors and Democratic...

Economist Justin Wolfers, on Saturday, said concerns about Social Security's future are being misunderstood, emphasizing that the system's strain is driven by demographic shifts rather than a "lockbox" debate. Demographics, Not "Lockbox," Driving Social Security Strain In a post on X, Wolfers...

Economist Justin Wolfers on Thursday weighed in on the evolving dynamics of the Iran war, arguing the strategic landscape has fundamentally shifted—not just because of what Iran can do, but because those capabilities are now widely understood. Wolfers Highlights Impact of ‘Revealed...

In a provocative challenge to traditional economic anxieties, top economist Justin Wolfers is reframing the widening U.S. trade gap not as a fiscal failure, but as an enormous physical “surplus” that signals a historic boom in American material wealth. The ‘Stuff’ Surplus...

Economist Paul Krugman warned that the United States is increasingly losing its standing in global trade, as other countries increasingly pivot away from the “erratic, abusive” policies under President Donald Trump. World’s ‘Economic Divorce’ From America In his...

Treasury Secretary Scott Bessent assured that President Donald Trump remains committed to the independence of the Federal Reserve, while defending the need for accountability by the central bank. Independence Does Not Mean ‘No Oversight’ “Of course he’s committed to the...

Economist Justin Wolfers says the United States is misunderstanding the basic purpose of global commerce, warning that President Donald Trump’s combative approach to allies has helped push Canada to deepen ties with China. Trade Not About ‘Competition’ Wolfers said Canada's recent...

President Donald Trump’s proposed cap on credit card interest rates at 10% is facing pushback from leading economists and even leaders within the Republican Party. Leaders Warn Against ‘Negative Secondary Effects’ House Speaker Mike Johnson (R-La.) said during a press...

Economist Justin Wolfers slammed the latest escalation in the feud between President Donald Trump and Federal Reserve Chair Jerome Powell, after the Justice Department threatened the central bank with a “criminal indictment” over its multi-billion-dollar headquarters renovation project...