Top Economist Admits Trump May Have ‘Outsmarted
All of Us’ on Tariffs
PJ Media,
by
Matt Margolis
Original Article
Posted By: ladydawgfan,
6/29/2025 1:21:20 PM
Donald Trump has a knack for making the so-called experts look foolish, and nowhere is that more apparent than in the ongoing debate over tariffs. The political and economic elite have ridiculed Trump’s approach, insisting that his tough stance on trade would backfire, cause a recession and cripple the U.S. economy. Yet despite all the apocalyptic predictions, the economy hasn’t gone south, and predictions of a looming recession have been quietly walked back.
Recently, a prominent anti-Trump economist admitted what many on the right have been saying from the beginning: Trump’s tariff strategy wasn’t the reckless gamble the media made it out to be.
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Reply 1 - Posted by:
chagrined 6/29/2025 1:34:35 PM (No. 1970846)
Half of these "experts" are just democrat partisans in disguise, the other half are just that dumb not to know the tariffs would work in our favor.
Okay, that was a little harsh. The other half just look dumb compared to President Trump.
30 people like this.
Reply 2 - Posted by:
DVC 6/29/2025 1:50:38 PM (No. 1970851)
As usual....
24 people like this.
Reply 3 - Posted by:
DVC 6/29/2025 1:53:59 PM (No. 1970853)
So the economist is named Slok....perilously close to schlock.....which is about right for most of these overpaid clowns.
21 people like this.
Reply 4 - Posted by:
earlybird 6/29/2025 1:57:46 PM (No. 1970856)
I watched part of the interview with Maria Bartiromo this morning that I had recorded. He is so sharp. So articulate I was more impressed than before. This was not campaigning rah rah. This was serious nuts and bolts on current events and the economy.
28 people like this.
Reply 5 - Posted by:
philsner 6/29/2025 2:20:53 PM (No. 1970866)
It's called "Economics 101". Leftists were busy failing to learn in "Basket Weaving 101".
27 people like this.
Reply 6 - Posted by:
Msquared112 6/29/2025 2:21:50 PM (No. 1970867)
Trump must consider it tiresome when all the "experts" are outsmarted by him. They should know by now never to try out-thinking Trump. He's too far ahead.
26 people like this.
Reply 7 - Posted by:
crashnburn 6/29/2025 3:13:47 PM (No. 1970880)
Matt forgot to mention that most of our trading "partners" had much higher tariffs on US goods than the US had on theirs. Some, including Japan, had no tariff trade barriers.
They might have been necessary immediately after WWII, but I'd say they've long outlived their usefulness.
14 people like this.
Reply 8 - Posted by:
Strike3 6/29/2025 3:40:11 PM (No. 1970897)
The truth that made tariffs work is that the rest of the world needs America to survive but we can get along fine without them. We're such nice guys that we can force their hand and still make them love us. Trump had it exactly right, they would huff and puff but they would come around.
25 people like this.
Reply 9 - Posted by:
itsonlyme 6/29/2025 4:18:54 PM (No. 1970910)
In July, 2025 the sky will star falling. By the end of July, everyone's hair is expected to be on fire. In August, selling apples and pencils on street corners should provided a lucrative career until September.....the locusts will blanket the Sun descend on all things. Have A Nice Day!
6 people like this.
Reply 10 - Posted by:
jeffkinnh 6/29/2025 5:06:39 PM (No. 1970922)
Outsmarting such "experts" is easy. Just listen to what they say and do the opposite. Trump actually looked back in history and saw what we had done years before, then asked himself, "Why wouldn't that work now?". The answer was, it would.
The experts just think about how things have been working now. Change is big time scary for business. That's why so many businesses get into trouble. Times change but the business fails to adapt with the times because "That's not the way we do things.".
Then things start to fall apart. Either the business fails or they realize the risk of change is better than the imminent collapse of the business. Generally, it takes a significant crisis to trigger a significant change.
Another thing to know about experts. They tend to tell you what you want to hear. When CNN asks an expert something, they want the answer to fit their expectations. They are walking advertisements for confirmation bias. The expert knows this and tailors their response to make them happy. The expert gets paid and gets called again the next time. Even if the expert turns out to be wrong, they are protected by the realization that predictions are never certain. The customer shrugs their shoulders and say, "That's what the experts told us." and try to walk away from the mess.
There is no accountability and that is a feature, not a bug.
16 people like this.
Reply 11 - Posted by:
FLCracker 6/29/2025 5:07:44 PM (No. 1970923)
I think this is because we have a president who is an true Businessman, rather than a lawyer or someone who thinks politics is an actual career. Not to mention, the grifters and the mentally- and morally-impaired.
20 people like this.
Reply 12 - Posted by:
sanspeur 6/29/2025 5:17:57 PM (No. 1970928)
No one is a more astute American Historian than President Trump .. USA has used tatiffs since George Washington , to boast OUR industrial base and foster OUR internal independence and growth post Revolution , post Civil War , cold war … any stress and upsetness within OUR country .. This was BEFORE the income tax schemes and .. darn it all .. it worked then and now too . experts be damned in their ignorance & egos
13 people like this.
Reply 13 - Posted by:
dwa 6/29/2025 5:34:28 PM (No. 1970932)
Others could have done what Trump has done on tariffs, but they lack the backbone and natural leadership abilities of Trump. In the past when tariffs have come up, the first sign of resistance, the Republican backed down and listened to the "experts'. Trump on the other hand knew what he could do, didn't listen to the so called experts, and stuck with his plan. Others caved. Nice to have a leader for once.
20 people like this.
Reply 14 - Posted by:
Dodge Boy 6/29/2025 6:38:53 PM (No. 1970950)
Matt, yes, you are right again. As is The Donald.
13 people like this.
Reply 15 - Posted by:
danu 6/29/2025 11:15:05 PM (No. 1971044)
tariffs are a proper tool wielded by a safe pair of hands.
12 people like this.
Reply 16 - Posted by:
rikkitikki 6/30/2025 8:44:34 AM (No. 1971138)
Trump has built a business empire on the strength of his financial acumen...the financial "experts" who critique his tariff policies, not so much.
He has proved himself to be financially brilliant, and done it in the school of hard knocks, so it should come as no surprise that his partisan critics can't keep up.
11 people like this.
Reply 17 - Posted by:
Zigrid 6/30/2025 9:56:21 AM (No. 1971170)
I have a hard time not laughing at the screen when these pompous know it all fools show their true colors....I'm stuck with the quandary of laughing out loud...or...turning off the television ....the only money guy I listen to is Charles Paine on Fox....yes...sometimes I tune in Fox...for Charles and for gutfeld at 9.00pm..not my favorite station after they trashed President Trump...but...sometimes...they make my day...as Dirty Harry would say....
5 people like this.
Reply 18 - Posted by:
Omen55 6/30/2025 3:26:08 PM (No. 1971287)
Those who can do.
Those who can't criticize.
3 people like this.
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President Trump outsmarting a bunch of self-important lettist reactionaries?? That doesn't sound too difficult!!