Justin Wolfers
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justinwolfers.bsky.social
Justin Wolfers
@justinwolfers.bsky.social
110K followers 370 following 2K 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 · 17h
“Look around you. Read a newspaper. Watch TV. It’s chaos over here.”
My guess is that sentence is more relevant to our economic future than a single GDP print.
youtu.be/HdgUPqNumDs?...
GDP Is Up, Jobs Are Stalling: What’s Really Going On, According to Justin Wolfers
How can GDP be up, jobs be stalling, and consumer confidence at rock bottom—all at the same time? In this interview, economist Justin Wolfers breaks down the latest GDP report—and explains why one…
youtu.be

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 18h
My son asked his grandmother for Magic cards. You can probably guess what happened next.

Reposted by Justin Wolfers

11thhourmsnow.bsky.social
11thhourmsnow.bsky.social @11thhourmsnow.bsky.social · 1d
"We have a split economy."

New data is offering mixed messages on the state of the U.S. economy. Ron Insana and @justinwolfers.bsky.social discuss on the #11thHour.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
"The president spent the last few months talking about the past.
Now all they can do is talk about the future.
What aren't they talking about?
What's happening right now."

...Sometimes you learn the most by noticing what politicians don't say.

Reposted by Joe R. Feagin

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
Think of your biggest financial risk: it's not your stock portfolio, it's losing your paycheck. That's why unemployment is the single best measure of economic health—when people can't earn a living, everything else in the data is just background noise.

And unemployment is rising.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
Campaigns toss out wage numbers like $1,300 here, $1,800 there, $3,300 for someone else. If independent economists and official data can’t reproduce them, treat them like a bad check: sounds nice, but it doesn’t clear. Evidence beats applause lines.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
Moods about “the economy” often bundle three things: your own finances, the broader data, and whether you trust policymakers. Right now, that third piece is dragging the other two down. Fixing policy credibility matters as much as any single rate cut.

Reposted by Steve Peers, Daniel W. Drezner, Iikka Korhonen , and 2 more

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
Just incredible how underwater Trump is on tariffs.
ericmgarcia.bsky.social Eric Michael Garcia @ericmgarcia.bsky.social · 4d
New Fox News poll shows Trump's approval on:
Border Security: +2
Crime and public safety: -5
Immigration: -10
Foreign Policy: -15
Economy: -22
Healthcare: -25
Spending: -25
Tariffs: -28
static.foxnews.com/foxnews.com/...
static.foxnews.com

Reposted by Justin Wolfers, Dana R. Fisher

ericmgarcia.bsky.social
Eric Michael Garcia @ericmgarcia.bsky.social · 4d
New Fox News poll shows Trump's approval on:
Border Security: +2
Crime and public safety: -5
Immigration: -10
Foreign Policy: -15
Economy: -22
Healthcare: -25
Spending: -25
Tariffs: -28
static.foxnews.com/foxnews.com/...
static.foxnews.com

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
“This is just a greatest hits of his favorite lies... So he hasn't stopped inflation... That's 2.7%... He hasn't caused grocery prices to fall... Grocery prices are rising 2.5% to 3% as everyone at home knows...” And don't get me started on drug prices falling 400%.

Reposted by Justin Wolfers

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
Spent an hour talking about AI, the labor market, the medium run threats to the U.S. economy, our long run prospects, and the art of the perfect hug, with my pals @edels and @profgalloway.com
youtu.be/xA9nRaI71dw
The Biggest Disruption Is Yet to Come — ft. Justin Wolfers
YouTube video by The Prof G Pod – Scott Galloway
youtu.be

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
"So the president's claims that prices are falling is nonsense. The president's claim that he stopped inflation is also nonsense." Clear, testable economics beats wishful talking points.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
October's jobs report looked awful because about 150,000 govt jobs vanished after that Musk 'fork in the road' email. That's a one-time shock. The bigger concern is that even outside October, job growth has slowed across both public and private sectors -- and may even be going backward.

Reposted by Stacy D. VanDeveer, Maksym Polyakov

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
"If I'm sounding more worried to you than I've sounded in months, it's because I am."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
"It's chaos. It's incompetence. It's tariffs. It's all of the above."