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DonViejo

(60,536 posts)
Tue Mar 26, 2019, 09:12 AM Mar 2019

Trump's Most Dangerous Pick So Far


March 26, 2019 at 8:57 am EDT By Taegan Goddard

Catherine Rampell: “President Trump has made a lot of ill-advised nominations. But perhaps no single choice could inflict more long-term damage than the one he announced Friday: Stephen Moore, Trump’s pick to join the Federal Reserve Board.”

“Moore’s many economic claims over the years have revealed him to be, shall we say, easily confused…”

“A newspaper banned him from its pages because of his struggles in getting basic statistics right. During the dozens of times I’ve debated him on TV, he has persistently misstated easily Google-able facts. These include whether the country is experiencing deflation, whether Canada’s tariffs are ‘twice as high as’ ours, and whether the Fed predicted that Trump would crash the stock market. (Nope, nope, and huh?)”

“Now, somehow, Moore has been nominated to the Fed.”

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https://politicalwire.com/2019/03/26/trumps-most-dangerous-pick-so-far/
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Cicada

(4,533 posts)
3. Actually, many economists fear an economic slowdown, maybe low interest rates are ok
Tue Mar 26, 2019, 09:30 AM
Mar 2019

Of course this bozo Stephen Moore pushed for high interest rates after the Great Recession, because a Democrat was president, but now he wants low interest rates, because a Republican is president. Ms Rampall taught me that. She is flat out killer bee.

still_one

(92,397 posts)
6. He is a jackass, but at least today the other board members will keep him in check
Tue Mar 26, 2019, 09:55 AM
Mar 2019

However, if trump fired Powell and appointed him in his place, that would be horrendous


LuvNewcastle

(16,856 posts)
2. Well, there's no such thing as truth, anyway.
Tue Mar 26, 2019, 09:29 AM
Mar 2019

There's just facts and alternative facts, to paraphrase Kelly Ann Conway.

c-rational

(2,595 posts)
4. Another heart stopping announcement. I have never felt so off as I have with this POS in the
Tue Mar 26, 2019, 09:34 AM
Mar 2019

White House. And on another thread I read the ACA is under attack again. How did we come to this?

Pachamama

(16,887 posts)
5. I don't believe he will be confirmed....
Tue Mar 26, 2019, 09:37 AM
Mar 2019

That will be economic and political suicide for the GOP....

But hey - that hasn't stopped them, has it?

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