Justin Wolfers
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justinwolfers.bsky.social
Justin Wolfers
@justinwolfers.bsky.social
100K followers 370 following 1.8K posts

Econ professor at Michigan ● Senior fellow, Brookings ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full.

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Justin James Michael Wolfers is an Australian economist and public policy scholar. He is professor of economics and public policy at the Gerald R. Ford School of Public Policy at the University of Michigan, and a Senior Fellow at the Peterson Institute for International Economics. .. more

Economics 62%
Psychology 14%
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justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2h
In case it's not obvious, none of this is true. He's either innumerate, or lying.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2h
Who imposed tariffs?
Who cut immigration, destroying the ag workforce?
Who undermined the Fed?
Who halted renewable energy?
Who's running deficits?
atrupar.com Aaron Rupar @atrupar.com · 8h
Mike Johnson: "That's the reason the inflation is up, the cost of living is up so high -- because of the policies of the previous administration. Now, we're working to root those policies out and implement our own, but it takes a little time."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2h
Facts would like a word.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 6h
Two truths can be true at once: AI may be utterly transformative; Wall Street may be in over its skis. For your 401(k), the lesson from the dot‑com era: diversify broadly so you catch the wave without betting the house on Pets dot com 2.0.

Reposted by Justin Wolfers, John Christman

atrupar.com
Aaron Rupar @atrupar.com · 8h
Mike Johnson: "That's the reason the inflation is up, the cost of living is up so high -- because of the policies of the previous administration. Now, we're working to root those policies out and implement our own, but it takes a little time."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 11h
He said: "Prices are down under Trump.'

Me: "It is quite literally false. There's not a single way you can interpret a word that the man's saying..as being remotely reflective of either what we're seeing in data from all across the country or in people's everyday lives."

Reposted by David R. Miller, Brooke Harrington, Evan Roberts

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 13h
Remember that insurance is actually a thing you hope never to use, and then read this critique.

Reposted by Dean Baker

Reposted by Will Jennings, Jon H. Fiva, Joshua Goodman , and 3 more

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 14h
I can't tell you how many interviews I've done where I've been asked: If Trump's policies are so problematic, why are U.S. stocks rising so rapidly.

A bit of international context illustrates the real issue here.

U.S. stocks have dramatically underperformed other advanced economies.

Reposted by Dorothy Bishop

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 15h
It can be hard to do math in your head, while standing up, on national television. Nerve-wracking, too. But even so, in twenty seconds on the air, I did a better job than the President in costing his latest idea and figuring out whether his new idea of a $2,000 rebate check will work. (It won't.)

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 16h
"The punters have never felt more dissatisfied with the direction of economic policy than they feel right now."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
I can’t swear on TV — but my face does it for me. You can probably guess what it just said about the President’s latest nonsense.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
Taxing Americans through tariffs and then returning more to them through rebate checks is...

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
My favorite thing about this thread is the reply guys who have never encountered Australian-style sarcasm before.
carlquintanilla.bsky.social Carl Quintanilla @carlquintanilla.bsky.social · 2d
WOLFERS: “.. I can’t tell you why the president lies, but I can tell you that everything he has said about prices being lower is a lie. .. I’m starting to think that he doesn’t actually care about the cost of living.”

@justinwolfers.bsky.social @svdate.bsky.social
www.huffpost.com/entry/trump-...

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
Dan Quayle mis-spelled potatoe

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
The fact that someone was fooled by a spoof from a website (literally) called the Dunning-Kruger Times has no bearing at all on my confidence that he would definitely have the upper hand in any negotiation with President Xi, or Putin.
sahilkapur.bsky.social Sahil Kapur @sahilkapur.bsky.social · 1d
With a “WOW!,” President Trump posts a claim about DOGE and “royalties linked to Obamacare” that originated on a satirical website. That site’s own About section reads: “Everything on this website is fiction… If you believe that it is real, you should have your head examined.”

Reposted by Nicola Giocoli

Reposted by Kim L. Scheppele, Miles Corak, Aaron Sojourner , and 1 more

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
When prices rise because *demand* is hot, wages usually follow. When prices rise because tariffs raise costs -- a *supply* shock -- there’s no reason paychecks catch up. That’s why tariff inflation hurts a whole heckuva lot more. It's a permanent reduction in living standards.

Reposted by Dean Baker, Nicola Giocoli