Economist Justin Wolfers criticizes Trump's 'Anti-Robinhood' policies impacting GDP gains for most Americans; warns about potential figures revision.
Economist Justin Wolfers is cautioning against optimism regarding the recent U.S. GDP figures, which rose to 4.3% for the July to September quarter. Despite the positive growth, Wolfers highlights that current policy choices are not benefiting most Americans. In a TV appearance, he emphasized that early economic estimates could be revised and questioned if the growth was leading to meaningful improvements for households. Wolfers criticized President Donald Trump's policies, labeling them as "anti-Robin Hood" for favoring the wealthy over the poor. This analysis can be found on Benzinga.com.
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