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Trump's 'On-Again, Off-Again' Tariffs Damaging US Standing, Says Economist Justin Wolfers As Americans Feel 'Miserable' In B-Minus Economy - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-01-29 09:25
University of Michigan economist Justin Wolfers has issued a sobering “B-minus” grade for the U.S. economy, warning that inconsistent trade policies by the Donald Trump administration and a historic collapse in consumer morale are masking deeper systemic instabilities.‘Grade Inflation’ WarningAppearing on CNN, Wolfers—author of the widely used Principles of Economics textbook—offered a blunt assessment of the nation's financial health.While the data suggests the economy is “not terrible,” Wolfers argued tha ...