Kent Smetters

Kent Smetters

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Kent Smetters is a professor at the University of Pennsylvania's Wharton School and serves as the faculty director of the nonpartisan Penn Wharton Model. He has been vocal about the implications of the ongoing trade war, expressing concerns that the escalating tariffs and retaliatory measures could lead the U.S. economy towards a recession.

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Kent Smetters, faculty director of the Penn Wharton Budget Model, discussed the potential costs of a two-month war.

Here’s how much the war with Iran is expected to cost every day
CNN·United StatesUnited States· 2026-03-06
5.0

Kent Smetters, director of the Penn Wharton Budget Model, estimated the minimum cost that American taxpayers could incur due to strikes against Iran at 40 billion dollars.

Στα 40 δισ. δολ. το ελάχιστο κόστος του πολέμου στο Ιράν για τις ΗΠΑ
Kathimerini·GreeceGreece· 2026-03-04
7.0
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Donald Trump

Kent Smetters, director of the Penn-Wharton Budget Model, commented on the implications of the Supreme Court's ruling.

Rắc rối hoàn hàng trăm tỷ USD tiền thuế nhập khẩu của ông Trump
VnExpress – leading Vietnamese online newspaper, est. 2001·VietnamVietnam· 2026-02-21
5.0

Kent Smetters is from the University of Pennsylvania and commented on the competitiveness of U.S. businesses under tariffs.

Los aranceles de Trump llegan a la Corte - Mundo
ABC Color – leading Paraguayan newspaper, est. 1967·ParaguayParaguay· 2025-11-04
5.0

Smetters highlighted the difficulties the Fed faces in timing interest rate changes.

Is the Fed behind the curve — again?
CNN·United StatesUnited States· 2025-09-14
5.0

Kent Smetters warns that the U.S. economy will contract as a large part of the workforce is deported.

¿Cómo pueden afectar las redadas de Trump a la economía de EE. UU. y por qué harían retroceder el PIB del país?
Prensa Libre – major Guatemalan newspaper, est. 1951·GuatemalaGuatemala· 2025-07-26
5.0

Kent Smetters, professor of business economics and public policy at the University of Pennsylvania’s Wharton School, said in an interview that the US economy will get smaller as you deport a lot of the workforce.

How Trump’s mass deportations could backfire on the American economy by shrinking paychecks
CNN·United StatesUnited States· 2025-07-25
5.0

Kent Smetters is a professor at Wharton who explained the differences in fiscal policy modeling.

Experts split on scoring methods for Trump's tax and spending bill
Fox News·United StatesUnited States· 2025-07-03
6.0

Kent Smetters is an economist at the Wharton School of the University of Pennsylvania who expressed concern about the implications of the bill.

Projeto de lei republicano coloca os EUA em caminho fiscal novo e perigoso
O Estado de S. Paulo (Estadão)·LiechtensteinLiechtenstein· 2025-07-01
5.0

Kent Smetters of the University of Pennsylvania’s Penn Wharton Budget Model said that tariffs also isolate the United States and discourage foreigners from investing in its economy.

Tariff revenues could pay for Trump’s tax cuts, but it likely wouldn’t be much of a bargain
The Globe and Mail·CanadaCanada· 2025-06-08
5.0

Kent Smetters dismissed the growth forecasts from Trump's economic advisers as unrealistic.

‘Work of fiction…’: Will Donald Trump bury US government in debt with multitrillion-dollar tax breaks? Even Elon Musk is concerned
The Times of India·IndiaIndia· 2025-06-01
3.0

Kent Smetters, faculty director of the Penn Wharton Budget Model, discussed the impact of the bill on lower-income people.

How Trump’s megabill transfers wealth in the US
CNN·United StatesUnited States· 2025-05-24
5.0

Kent Smetters, professor of business economics and public policy at the University of Pennsylvania, noted that trade tariffs reduce net capital inflows.

America’s trading partners have a massive bazooka in the trade war. They may never use it.
CNN·United StatesUnited States· 2025-05-06
5.0

Kent Smetters, professor of business economics and public policy at the University of Pennsylvania’s Wharton School, said the US would still lose at least 1% of GDP just from the policy uncertainty.

Trump chaos has already damaged the economy. It may be too late to fix
CNN·United StatesUnited States· 2025-04-23
5.0

Kent Smetters expressed concerns about the potential for the U.S. economy to fall into recession this year.

Cuộc chiến thương mại có thể vượt tầm kiểm soát của Mỹ
VnExpress – leading Vietnamese online newspaper, est. 2001·VietnamVietnam· 2025-03-15
4.0

Kent Smetters is a faculty director at the Penn Wharton Model who discussed the potential recession due to the trade war.

How a trade war can quickly spiral out of control
CNN·United StatesUnited States· 2025-03-13
5.0