A group of 16 Nobel Prize-winning economists, including Joseph Stiglitz, has issued a letter warning that former President Donald Trump's economic policies could lead to a significant increase in inflation. The economists praised some of President Joe Biden's economic policies while criticizing Trump's fiscal stance. They argue that Trump's potential budgetary decisions would be fiscally irresponsible and could detonate what they describe as an 'inflation bomb.' Notably, many of these economists had previously supported Biden's Inflation Reduction Act. The letter has sparked a debate, with critics pointing out that some of these economists did not foresee the 40-year high inflation under Biden's administration. Janet Yellen's husband was mentioned in the context of the debate. Nancy Pelosi highlighted the letter, stating Americans should heed the warning. The timing of the letter, just months before the election, has led to accusations of partisanship, with some suggesting it is intended to influence the upcoming presidential debates. Additionally, 11,000 people have reacted to the economists' comments. Critics also noted that in 2021, some of these economists supported Biden's second Build Back Better bill, which they claimed would ease longer-term inflationary pressures.
They are doing it again 2020 “51 Former Intelligence Officials“ 2024 ”16 Nobel economists” I cannot think of a less credible group of people to listen to than “16 Nobel economists” https://t.co/erI3eQe7VF
Nancy Pelosi: “You have Joe Biden, leading the world in reducing inflation in our country.” https://t.co/MZaxLMcmuf
Nancy Pelosi: “You have Joe Biden … leading the world in reducing inflation in our country.” https://t.co/2dWgKySGLt
But but 16 Nobel Economists said…. https://t.co/2CUqnk4lDJ
Nancy Pelosi: "You have Joe Biden leading the world in reducing inflation in our country." https://t.co/N4TrK4A3GB
“16 economists” is the new “51 intelligence agents”. 16 “notable” economists warning against Trump’s economic plans. Biden will 100% be referencing this during the debate. That is its purpose. https://t.co/0YIZ6Xz9Xk
BREAKING: Nancy Pelosi says Americans complaining about Biden's inflation should remember that 16 Nobel laureates have just warned that if Trump wins, his plans will detonate an "inflation bomb," pretends she cannot remember Trump's name, calls him, 'what's his name?' WATCH https://t.co/z7lBOKhMYt
The White House used to say that 17 Nobel Prize-winning economists backed the Inflation Reduction Act. Now it says 16 Nobel Prize-winning economists opposed Trump's economic policies. What happened to the 17th Nobel Prize-winning economist? Someone in the White House is slacking.
Imagine all the voters on the fence right now, anxious to hear what 16 "Nobel-prize winning economists" have to say. The news is delusional. https://t.co/gi02F79syc
I’m sure most of you have seen this story this week. 16 “notable” economists warning against Trump’s economic plans… Incase you don’t know how this works… Biden will 100% be referencing this during the debate. That is it’s purpose. “16 economists” “51 intelligence agents” https://t.co/5I3TkRIUjs
‘Inflation bomb’ economists used to set up Trump blame ahead of debate are hardly unbiased ‘experts’ https://t.co/mCJd9JINCP
Instead of "Nobel-prize winning economists," can we just say, "Arrogant liberal dumb-asses who are never right about anything?" Remember when Janet Yellen told us inflation was "transitory" during Biden's first few months?
Axios omits crucial details about economists who say Trump will destroy the economy | Fox News One of the economists is married to a top Biden official and donated $25K to Biden Victory Fund A letter signed by 16 top economists warning of the economic dangers of electing former… https://t.co/atQ20TLTtd
If you haven't already, check out the comments from nearly 11,000 people reacting to this post. They are roasting the 16 Nobel Laureates who are now warning, just months before the election, that electing Trump would be catastrophic for the economy! https://t.co/vTKsgGMoj6
Opinion | 16 Nobel Prize-winning economists claim Trump will wreck our economy. This is the reason I don't trust them https://t.co/XVSiM1t0Fy
Same economists who said Biden would ease inflation say Trump will make it worse | @TianaTheFirst https://t.co/YOIEUTaB8g
How many of these "Nobel Prize winners" warned us about the inflation that followed Biden's election? Oh. Right. None. Sorry, fellas. We're not taking advice on inflation from the folks who missed the biggest inflation explosion in 40 years. https://t.co/Wa5TqAETgs
3 years ago 13 of the economists on this list signed a letter promising us “Build Back Better” would slow inflation rates. Howd that go? https://t.co/DcT9KD7oUW
14 of the 16 economists who signed onto this letter said that Biden's second Build Back Better bill would "ease longer-term inflationary pressures." Inflation would double within the year to nearly 10%. Now they say Bidenomics has solved inflation LOL. https://t.co/JqC07Dqofd https://t.co/sszS6my7jg
Our times' greatest minds sound a warning on Donald Trump's economic policies. https://t.co/iub2caRf6K
Just this morning, 16 Nobel Prize winning economists released a letter stating that inflation came down "remarkably quickly" and that Biden's policies were far preferable. The perfect illustration of the bubble. https://t.co/YJxfiKKxpF
Top economists claim Trump will be an economic disaster—They said the same thing in 2016 https://t.co/sqFs17QLbH
How many times during the debate will Biden say, "16 Noble-prize winning economists".... AND That's the exact reason for this narrative and propaganda today!! https://t.co/hKeOOXPP0g https://t.co/xBk98DW31r
16 Economists Sign Letter Saying Trump Policy Will Increase Inflation - Reality is Opposite, Here's The Data https://t.co/X03FEHcZlu
16 Nobel Prize Winners Sign Letter Decrying Trump's Economic Policies, and the Reasoning Is Insane https://t.co/rcgngJzyIF
This Nobel economists letter about Biden vs. Trump is funny. Biden's huge deficits: good, productive, anti-inflationary. Trump's potentially huge deficits: bad, unproductive, inflationary. It does economics a disservice to be obviously partisan. https://t.co/GZ7pT8mDyR
Hey...anyone remember back in 2021 when 13 of those Nobel Prize-winning economists claimed Biden's spending didn't pose "an inflationary threat"? https://t.co/k885NFSRnP https://t.co/52C13D3M5V
"While the letter from Stiglitz and the other 15 Nobel Prize winners didn't detail the specifics of any part of Trump's plans, it did single out praise for some of President Joe Biden's economic policies..." https://t.co/liSLbBQwen
Trump is going to cause inflation due to his fiscally irresponsible stance on the budget - say economists that almost certainly supported the $891bn (!) Inflation Reduction Act. Janet Yellen’s husband makes an appearance. 🇺🇸 https://t.co/N0fTJYbcAO
Trust the ‘experts’: 16 economists join, say Trump will detonate ‘inflation bomb’ in pure propaganda poop https://t.co/vlE6hhFhdL
How many of these economists predicted 40-year inflation under Biden? Show of hands? https://t.co/kgnsCBNU4J
Oh, Here We Go: Experts Says Inflation Will Explode If Trump Is Elected https://t.co/CqNbWpqbHu