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Peter Schiff Says Trump Administration’s Economic Messaging Undermines Credibility, Makes Iran Claims Harder to Trust

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Summary

  • Peter Schiff criticized the Trump administration, saying its economic messaging is undermining credibility.
  • He said the Trump administration’s messaging on economic conditions has weakened broader trust in government statements.
  • Schiff said falling confidence in the administration’s economic explanations is also affecting its claims on other issues, including Iran.

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Economist Peter Schiff criticized the Trump administration, saying its messaging on the economy is eroding its credibility.

Cointelegraph reported on September 8 that Schiff argued the administration’s comments on economic conditions had weakened trust in its public statements more broadly.

He added that the credibility problem is also affecting the Trump administration’s claims on other issues, including Iran.

With the administration’s economic explanations increasingly difficult to trust, Schiff said its assertions on other major matters such as Iran are also hard to take at face value.

Photo: Shutterstock
Photo: Shutterstock

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