Reported 9 months ago
Sixteen Nobel laureates in economics have signed a public letter warning of the economic risks, including a resurgence of inflation, if former President Trump were to be re-elected. They expressed concerns that Trump may reignite inflation by implementing irresponsible fiscal policies he advocated, such as changing tax cuts into long-term policies, imposing tariffs on all imports, pressuring the Federal Reserve, and potentially causing economic instability. The economists, led by 2001 Nobel laureate Stiglitz, emphasized the importance of Joe Biden's economic policies over Trump's. Recent polls showing more voter trust in Trump regarding the economy prompted the economists to take this action to convey their differing viewpoints.
Source: YAHOO