Trump's Economy Is Looking Like 2008 w/ Justin Wolfers

Economist Justin Wolfers joins Molly Jong-Fast to make sense of the recent confusion surrounding U.S. jobs data, revealing that a prolonged government shutdown significantly disrupted the collection and release of official employment statistics. They discuss how this data blackout has heightened economic uncertainty, especially as sketchy alternatives like ADP's jobs report suggest weakening job growth. Wolfers goes on to explain broader economic shocks currently affecting the U.S.—including erratic tariff policy, a steep decline in immigration and foreign direct investment, and what he terms a “competence shock” within government—arguing that these factors signal not only economic mismanagement but rising structural risks. Throughout, Wolfers combines deep economic insight with pointed criticism of current policymaking, highlighting how bad governance and chaos-driven decision-making could undermine confidence, growth, and America's global standing.

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