With the upcoming presidential election, media outlets are quoting Ford School's Justin Wolfers insights on the top concern for Americans this November: the economy. Wolfers comments on economic progress in America and the expected economic policies, or lack thereof, from a Harris or Trump presidency.
"Reality check: What's up with the economy?" CBS, September 8, 2024 - Wolfers shared recent economic accomplishments with CBS "New business starts are through the roof. Stocks are at an all-time record. Over and over, when you look at what people do, they're making choices as if they believe in the future of this economy... We are recovering faster, getting more jobs, and more GDP, and our inflation is falling faster – back towards normal – than almost any other country."
"Kamala Harris' Plan to Cut the Cost of Living. Can It Work?" Newsweek, September 3, 2024 - On Newsweek, Wolfers noted that while "[Kamala Harris] has a plan, Trump doesn't... The most obvious example is that he plans to raise tariffs on all imported goods by 10 percent, and on goods from China by 60 percent... a 10 percent rise in the tax on importers will lead to a 10 percent increase rise in the price Americans pay on all imported goods, as well as a price hike in the many domestic goods that rely on imported inputs."
