Former White House communications director Anthony Scaramucci criticized President Donald Trump’s economic policies, saying they are creating uncertainty, slowing growth and hurting key sectors of the U.S. economy.
Trump’s Policies Fuel Uncertainty And Fear
On Tuesday, in a post on X, Scaramucci laid out what he called “the complete list of Trump’s unforced economic errors,” highlighting inconsistent trade policies, military actions, and domestic force.
“Pull back on the tariffs. Push forward on the tariffs again. Uncertainty for every business in America. Nobody can invest. Nobody knows what the rules are tomorrow,” he wrote.
Scaramucci also criticized the administration’s approach to conflict and security, noting that aggressive actions drive up energy prices.
“Go to war. Knock energy prices through the roof. Go after people in the streets with violent demonstrations of force,” he said, warning that “fear dims economic innovation.”
He emphasized the economic contributions of undocumented workers, pointing out that terrorizing this population reduces participation in the economy.
“If you make them afraid to leave the house, afraid to spend money, afraid to participate in the economy — you don’t just hurt them,” Scaramucci said.
On the cumulative effect of Trump’s policies, Scaramucci wrote bluntly: “Everything that could be done wrong has been done wrong. And we’re just getting started on paying the price for it.”
Scaramucci Warned Of Iran Protests, Stagflation, Rising Gas Prices
Earlier, Scaramucci cautioned that democracies must uphold international law as Iran staged a massive civilian demonstration at power plants to protest attacks on infrastructure, occurring just hours before a Trump strike deadline.
He called it unthinkable for a democracy to allow war crimes and warned, “We can’t become what we despise in our enemies.”
Scaramucci also warned that rising tariffs and an energy shock were pushing the U.S. toward stagflation not seen since the 1970s, driving consumers to save rather than spend and risking a “deeper correction in the stock market” amid surging oil prices.
He criticized the Trump administration for market manipulation and reckless foreign policy, highlighting rising gasoline prices toward $8 a gallon as a breaking point for voters.
He warned that political fallout was accelerating as approval ratings slid.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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