Turning Point USA founder Charlie Kirk went on CNBC Wednesday and called for economic elites to express remorse over forecasting economic gloom due to President Donald Trump’s tariffs.
While many economists predicted that Trump’s sweeping tariffs would cause a spike in inflation, it has yet to transpire and the stock market has soared to record highs. Kirk said on “Squawk Box” that the tariffs have restored America’s status “as the center point of the world economy” and made it a desirable location to invest.
“There was a major like catastrophic prediction, right? The ‘panicans,’ ‘the whole world’s going to fall apart.’ And we just haven’t seen that,” Kirk said. “And I think there does need to be a little contrition by the economic ruling class.