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Wolfers Warns Trump Interference Fears Could Damage Economy

By Drooid · Oct 8, 2026, 4:37 PM UTC · How we work

Summary

Story summary

U.S. economist Justin Wolfers warned that election-interference fears under President Donald Trump threaten the American economy.
Wolfers said slow-burning damage, not current GDP or jobs data, poses the biggest economic risk.
Wolfers warned the Federal Reserve (Fed)’s October 28 decision, just before the midterms, could cater to White House pressure.
Wolfers named tariffs, the Iran war, and the largest peacetime deficit as top threats to U.S. families.

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Story summary

U.S. economist Justin Wolfers warned that election-interference fears under President Donald Trump threaten the American economy.
Wolfers said slow-burning damage, not current GDP or jobs data, poses the biggest economic risk.
Wolfers warned the Federal Reserve (Fed)’s October 28 decision, just before the midterms, could cater to White House pressure.
Wolfers named tariffs, the Iran war, and the largest peacetime deficit as top threats to U.S. families.