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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump'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, Trumps pick to join the Federal Reserve Board.
Moores 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 Ive debated him on TV, he has persistently misstated easily Google-able facts. These include whether the country is experiencing deflation, whether Canadas 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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Trump's Most Dangerous Pick So Far (Original Post)
DonViejo
Mar 2019
OP
Nope. He is only one member, and the other members will make him essentially irrelevent.
still_one
Mar 2019
#1
Actually, many economists fear an economic slowdown, maybe low interest rates are ok
Cicada
Mar 2019
#3
He is a jackass, but at least today the other board members will keep him in check
still_one
Mar 2019
#6
Another heart stopping announcement. I have never felt so off as I have with this POS in the
c-rational
Mar 2019
#4
still_one
(92,397 posts)1. Nope. He is only one member, and the other members will make him essentially irrelevent.
Cicada
(4,533 posts)3. Actually, many economists fear an economic slowdown, maybe low interest rates are ok
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
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.
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
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....
That will be economic and political suicide for the GOP....
But hey - that hasn't stopped them, has it?