Drudge Retort: The Other Side of the News
Saturday, March 23, 2019

Zach Carter: For years, the economic commentariat has enjoyed a running joke: Stephen Moore. Moore, you see, has made a career of advancing various right-wing political priorities by dressing up as an economist and saying things about money and numbers in print and on TV. Unfortunately, almost nothing he says is true.

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Best argument ever to defeat Trump in 2020 and reverse as many of his decisions as possible. We'll still be stuck with his judges but perhaps we will find ways to pressure them out of office, like making their lives miserable until they resign?
Yes, I'm for that. If Nazis were in positions of power what would you do? Understand, Nazis are in power.

#1 | Posted by danni at 2019-03-23 06:16 AM | Reply

Every single appointee is a joke.

At least he is consistent.

#2 | Posted by Nixon at 2019-03-23 07:53 AM | Reply

"He's a living embodiment of the worst elements of the economics profession ― a man who doesn't care about the truth, abuses statistics, makes outlandish predictions, smears his opponents and never pays any professional price."

He's just like Fat Nixon.

No wonder he's is being appointed.

#3 | Posted by Nixon at 2019-03-23 07:54 AM | Reply | Newsworthy 1


Mr Moore was interviewed on bloombergTV yesterday. ( www.bloomberg.com ) It's a four minute video, and worth the time, imo.

He starts off by saying he knows little to nothing about the Fed, then he says he thinks he was nominated because Pres Trump liked an op-ed he write a couple three days earlier.

Aside from echoing Trump administration talking points, Mr Moore seemed out of his realm during the interview, almost to the point of appearing flustered.

He will have a lot of homework to do before he faces the Senate confirmation hearings, presuming, of course, the Republican-led Senate decidexs to grown a backbone.

#4 | Posted by LampLighter at 2019-03-23 11:23 AM | Reply

Rs have a majority in the Senate so he'll be confirmed. He's what the Republican party has become these days. Heaven help us.

#5 | Posted by SomebodyElse at 2019-03-23 12:13 PM | Reply

The real test of him being a joke is does MadBomber support him.

#6 | Posted by snoofy at 2019-03-23 12:20 PM | Reply | Funny: 1


@#5 ... He's what the Republican party has become these days. ...

What I found odd about th interview is that the interviewer was really taking it easy on Mr Moore, compared to the usual grilling that the interviewers do on bloomberg.

In the finance realm, the bloomberg interviewers know their topics. That was evident with the question about deflation, where the interviewer specifically eliminated commodities, but Mr Moore went back to commodities over and over, because it seemed he had no other talking point.

#7 | Posted by LampLighter at 2019-03-23 12:28 PM | Reply

So he's a Republican Krugman.

#8 | Posted by visitor_ at 2019-03-23 12:37 PM | Reply


@#8 ... So he's a Republican Krugman. ...

I don't know if I'd go that far.

I often disagree with Mr Krugman, but at least he understands of what he speaks.

I saw none of that understanding in Mr Moore so far. Mr Moore spewed talking points with no apparent understanding of what was behind them.

#9 | Posted by LampLighter at 2019-03-23 01:06 PM | Reply

--I often disagree with Mr Krugman, but at least he understands of what he speaks.

Sometimes.

In 2006, a liberal columnist[Krugman] wrote that "immigration reduces the wages of domestic workers who compete with immigrants" and that "the fiscal burden of low-wage immigrants is also pretty clear." His conclusion: "We'll need to reduce the inflow of low-skill immigrants."

#10 | Posted by nullifidian at 2019-03-23 01:14 PM | Reply | Newsworthy 2

"We'll need to reduce the inflow of low-skill immigrants." ~ Krugman

Racist!

~ Progressives

#11 | Posted by AndreaMackris at 2019-03-23 01:32 PM | Reply

"Here's my challenge to any informed voter of any partisan leaning," tweeted University of Michigan economist Justin Wolfers of the news that the president thinks Heritage Foundation economist Stephen Moore should play a role shaping monetary policy. "Call your favorite economist. Whether they're left, right, libertarian or socialist, none of them will endorse Stephen Moore for the Fed. He's manifestly unqualified." "By the way," Wolfers added, "and I'm totally serious about this -- I think Ivanka would be a better pick for the Fed than Stephen Moore."

The------------------- really knows how to pick them.

#12 | Posted by reinheitsgebot at 2019-03-23 01:41 PM | Reply


@#10 ... Sometimes...

Thanks for confirming my point, that Mr Krugman understand of what he speaks.

fwiw, I do not disagree with Mr Krugman in that area. It's simple supply and demand.

So you would agree, then, that Mr Moore is unqualified for the position Pres Trump nominated him for?


#13 | Posted by LampLighter at 2019-03-23 02:44 PM | Reply

"immigration reduces the wages of domestic workers who compete with immigrants"

Thanks, Capitalism!

#14 | Posted by snoofy at 2019-03-23 02:47 PM | Reply

welllllllll... all you have to do is hire the domestic workforce and pay them a living wage to solve the problem... it really isn't that complicated... BUUUTTT the impulse is to hire what is cheap to increase profit.

You can't continue to blame it on immigrants because a business makes choices... especially when automation and exportation of work occurs in order to further lower the cost of production.

It seems so ludicrous that people blame Mexico... a capitalist nation... and Mexicans... a capitalist workforce... when they are also competing with Asia for work and production...

Helllooooo a huge part of the problem with NAFTA's original premise being flushed down the toilet when China a communist nation... and Chinese citizens... a communist workforce beat them at the manufacturing cost/profit ratio. Ultimately... what NAFTA did accomplish was keeping petroleum prices in check.

Righty tightys are so ---- stupid... the obvious escapes them.

#15 | Posted by RightisTrite at 2019-03-23 03:36 PM | Reply

Best argument ever to defeat Trump in 2020 and reverse as many of his decisions as possible.
#1 | POSTED BY DANNI

Why? Because Trump reversed every harmful thing that Obama did? Funny how things just got better after he did that. It would be kind of stupid to vote Trump out now.

LOL!!!

#16 | Posted by JordyPete at 2019-03-23 05:25 PM | Reply

..just like Larry Kudlow and Steve Mnuchin, freaking rich dunces. Is it realistic to expect anyone else to work for Trump?

#17 | Posted by bayviking at 2019-03-23 09:13 PM | Reply

..just like Larry Kudlow and Steve Mnuchin, freaking rich dunces.....#17 _ BAYVIKING

they're Not dunces..they're very smart thieves who try to make their rapacious behaviour seem to be fiscally responsible

#18 | Posted by 1947steamer at 2019-03-23 10:11 PM | Reply

Why? Because Trump reversed every harmful thing that Obama did? Funny how things just got better after he did that. It would be kind of stupid to vote Trump out now.

#16 | POSTED BY JORDYPETE AT 2019-03-23 05:25 PM | FLAG: PPPPFFFFTTTT

Yeah,,, that whole repeal and replace thing sure went well... who knew a popular program could be so complicated?

SMH... clowns are so effing weird.

#19 | Posted by RightisTrite at 2019-03-24 05:08 AM | Reply | Newsworthy 1

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