Economist Robert Wolf, a former economic adviser to President Barack Obama, shut down a Fox News host and guest Tuesday after their relentless praise of the economy under President Donald Trump, praise that Wolf argued was unsupported by facts.
Conservative economist Stephen Moore spent several minutes praising the state of the economy under Trump’s leadership before Wolf jumped in to correct the record.
“Manufacturing jobs are down almost 100,000 for the last 12 months,” Wolf said before getting cut off by the Fox News host, who tried to shift blame for the decline in manufacturing jobs on former President Joe Biden.
“Wait, you don’t let me finish, you let him finish!” Wolf interjected. “We’re talking about this 12-month period, you want to talk about Biden, we can, but we’re talking about this 12-month period.”
Wolf continued to be interrupted by the host, who went on to blame Biden for other ongoing economic shortfalls. Wolf then moved to speak to Trump’s tariffs, something that would prove difficult to blame on Biden.
“You know what, let’s just blame Biden, okay? Now that we’ve blamed Biden, let me finish,” Wolf said. “Right now, our biggest trading partners are France, Germany and the European Union, and they’re not happy today, and this approach with tariffs over Greenland, I don’t think is a smart approach, the market doesn’t think is a smart approach.”
This time, Moore interrupted Wolf, arguing that the stock market, year over year, has improved under Trump’s second term.
“I’m not talking about the stock market Steve!” Wolf said. “[Around] 96% of tariffs have been paid by American companies and American consumers – let’s quit gaslighting the Americans! Even you say it’s a tax on the consumer, you’ve said it a thousand times!”
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