August 31, 2026
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14:20Now PlayingEconomist Justin Wolfers breaks down what's really happening to your wallet under the Trump administration — and it's not what top economic advisor Kevin Hassett claims. While the administration points to rising wages, Wolfers shows that prices have risen faster than pay, meaning real wages have actually fallen. The U.S. currently has the highest headline inflation in the entire G7.
Wolfers connects the dots directly to specific administration decisions: tariffs, the war with Iran and its impact on oil markets, mass deportations creating labor shortages, large budget deficits pushing up mortgage rates, and the loss of Obamacare subsidies. He brings the receipts and some laughs while checking the math with Cliff Schecter and David Shuster on Blue Amp Media's Amped Up.
They're betting you look away. Let's prove them wrong.
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#JustinWolfers #Trump #Economy #Inflation #Affordability #PoliticsNews #PlatypusEconomics #Tariffs #TradeWar #AmpedUp #BlueAmpMedia #BAM
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