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Opinion: Stephen Moore at the Fed has liberals terrified — here’s why

This article originally appeared on on April 14, 2019.

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.

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