Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump

A letter signed by 16 economists warning of the economic dangers of electing former President Trump has come under fire for its signatories' partisan affiliations and financial support for Biden.

Amidst the ongoing economic debate, a letter signed by 16 prominent economists has emerged, raising concerns about the potential consequences of electing former President Donald Trump. However, a closer examination reveals that many of these economists have significant ties to President Joe Biden and the Democratic Party, casting doubt on the impartiality of their warnings.

The letter, first reported by Axios, asserts that "Joe Biden's economic agenda is vastly superior to Donald Trump." Notably, several signatories have donated to Biden's campaigns, including Joseph Stiglitz, George A. Akerlof, Claudia Goldin, Eric Maskin, Paul Milgrom, and Roger Myerson.

Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump

Stiglitz, a Nobel Prize-winning economist, is a vocal supporter of Biden's Build Back Better agenda and has donated over $1,250 to his campaign. Akerlof, whose wife is Biden's Treasury Secretary Janet Yellen, contributed a significant $25,000 to the Biden Victory Fund in 2020.

Goldin and Maskin have also publicly expressed support for Biden and his policies. Maskin, while acknowledging his "registered Democrat" status, claims to be "more a centrist" and defended his support based on "economic merits."

Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump

Milgrom, Myerson, and several other signatories have also signed previous letters endorsing Build Back Better or criticizing Trump's economic policies. These actions raise questions about their objectivity and whether their warnings are driven more by partisan motivations than economic analysis.

Trump's former campaign spokesman, Tim Murtaugh, mocked the report, comparing it to the infamous "Russian disinformation" letter regarding Hunter Biden's laptop. He suggested that the timing of the economists' letter was suspiciously convenient for Biden in the upcoming debate.

Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump

The Biden campaign has eagerly amplified the Axios report, using it to bolster their economic credentials. However, the revelation of the economists' political ties has raised concerns about the integrity of their warnings and whether they are truly providing unbiased economic advice.

The economists' partisan leanings and financial support for Biden raise serious questions about the credibility of their letter and its intended purpose. Critics argue that it is not a genuine assessment of Trump's economic agenda but rather a thinly veiled political endorsement.

Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump

The revelation of these partisan affiliations underscores the importance of scrutinizing the sources of economic advice, especially when they are presented as impartial warnings. It also highlights the potential for political bias to influence economic analysis and policy recommendations.

As the economic debate continues, it is crucial to seek out diverse perspectives from economists with varying political viewpoints to ensure a balanced understanding of the potential economic consequences of different policy choices.

Biden's Economic Surrogates Boast Political Ties to Economists Warning Against Trump