Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy. ‘Two Bad Tastes At The Same Time’ In a recent interview, the University of Michigan professor cautioned that Americans could soon get "‘two bad tastes at the same time'—rising unemployment and rising infla ...