04/15/2019

Stephen Moore At The Fed Has Liberals Terrified -- Here’s Why

Andy Puzder, Fox News

Stephen Moore is a highly qualified pro-growth economist and an inspired choice to serve on the Federal Reserve’s Board of Governors, but the only thing that matters to his leftist critics is that he supports the president of the United States.

Since Moore’s nomination, The New York Times, Senate Minority Leader Chuck Schumer, HBO comedian John Oliver, and even a former Congressman from Missouri have all tried to delegitimize Moore’s outstanding record because of their hatred for President Trump.  Who could have seen that coming?

"These are the people who have gotten it wrong for the past week or four years, who said that if Donald Trump is elected president, we would have a second Great Depression and the stock market would crash," Moore recently observed.

It was no exaggeration. Prior to the 2016 election, The New York Times predicted that “the stock market would fall precipitously” if Donald Trump won, and comedian John Oliver said that President Trump is “a disaster and we’re all going to die.” After Trump’s victory, Schumer made sure to distance himself from the President-elect before Hillary Clinton even had time to process the reality of her defeat.

Now, Moore’s latest detractor has gone so far as to accuse President Trump of treason based on the now-discredited Russia collusion hoax. Some people just can’t move on, the facts be damned.  To put it mildly, Moore’s enemies are nothing more than embarrassed partisans who are attacking him as a proxy for the president.

Read full article



You May Also Like:

For More go to the Home Page >>>

Join Our Email List



section

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

The Fed vs. the Middle Class

With interest rates flattened [by the Federal Reserve], government zeroes out the future. Abandoned were 80 percent of private defined-benefit pension plans. Public plans faced a similar evisceration in the future. With no acknowledgement, the U.S. government had casually dispossessed the American middle class of its retirement assets and pushed millions of Americans into acute dependency on government programs. ... Government dependency negated the American dream.

-- George Gilder ,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central July Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section