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Stephen Moore

Stephen Moore

Stephen Moore is an economic consultant with Freedom Works. He received a bachelor of arts degree from University of Illinois at Urbana-Champaign and holds a master of arts degree in economics from George Mason University.

Columns by Stephen Moore

American Energy Illustration by Linas Garsys/The Washington Times

Natural gas, America’s wonder fuel

One of the many idiocies of the "Green New Deal" and other such anti-fossil fuels crusades is that all of this arrives on the political scene at a time when the price of producing energy from fossil fuels is lower than at any time before in human history.

August 30, 2019
Illustration on Democrat opposition to economic growth by Alexander Hunter/The Washington Times

Democrats rooting for recession

All of this negativity has made Democrats appear to be so bloodthirsty for power that they want American workers to suffer so they can reclaim the crown.

August 25, 2019
Transportation Red Tape Illustration by Greg Groesch/The Washington Times

Supporting rail car traffic

Recently, two major railroad operators, CSX and Union Pacific, reported a significant drop in earnings in part due to declining rail shipments. This was partially due to the impact of ongoing trade disputes.

August 16, 2019
Federal Reserve Drag Illustration by Greg Groesch/The Washington Times

Sending an SOS to the Federal Reserve

To keep the economy from a further growth slowdown, the Fed must inject more dollar liquidity into the global economy. Immediately.

August 9, 2019
Illustration on the Fed’s destructive potential by Greg Groesch/The Washington Times

Why the Fed shouldn’t compete with private banks

Do we want the U.S. Federal Reserve Board to operate as a commercial bank -- and compete with our private banking system? The Fed apparently wants to and it's a policy shift that could greatly expand the mission of the Fed.

August 2, 2019
Illustration on the South’s economic boom by Alexander Hunter/The Washington Times

Don’t worry, the South is still booming

Anyone who understands real estate knows it's all about three things: location, location, location. In recent decades, many of the hottest locations in the country have been in Dixie.

July 26, 2019
Cryptocurrencies (Illustration by The Washington Times)

‘Who’s afraid of cryptocurrencies?’

Finally, we seem to have a bipartisan consensus in Washington. Both parties are terrified of new private money and they want to regulate it out of existence.

July 20, 2019
Illustration on school busing by Alexander Hunter/The Washington Times

School choice is a better way to make schools colorblind

In the first Democratic presidential debates, Sen. Kamala Harris of California defended forced busing back in the 1970s as a civil rights triumph and criticized former Vice President Joe Biden for racial insensitivity for once opposing the policy.

July 7, 2019
Debt is Bad Illustration by Greg Groesch/The Washington Times

The crisis in Washington isn’t revenue, it’s over-spending

The Congressional Budget Office has just released its mid-year update on the federal fiscal situation and it portends a debt avalanche. But don't bother to tell Sens. Bernie Sanders or Elizabeth Warren that. They're busy advocating tens of trillions of dollars in new federal spending.

June 30, 2019
Chart to accompany Moore article of June 24, 2019.

Patients need to know how much their health care costs

Several years ago, I had a shoulder injury and the doctor told me I might need surgery to fix the small tear in my rotator cuff. He said that I was borderline whether to have the surgery or not. So I asked: "Doctor, if I have this surgery, about how much will it cost?"

June 23, 2019
Federal Reserve Cuts Illustration by Greg Groesch/The Washington Times

The Federal Reserve’s logic on growth, inflation is faulty

I've been shouting from the rooftops for six months that the Federal Reserve is too tight on money, and that this lack of dollar liquidity has cut into growth. So it is somewhat vindicating that Fed Chairman Jerome Powell seems to finally coming around to that idea. The betting markets are now predicting at least one rate cut this year and perhaps two.

June 9, 2019
Illustration on the stagnation of wage increases for men by Alexander Hunter/The Washington Times

Are men becoming economically expendable?

Almost all of the economic discussion of late has been on the "wage gap" between men and women. A case in point: California Sen. Kamala Harris wants to create a federal bureaucracy which will ensure that the government has more influence over workers' pay than workers and employers themselves. This will open up a Pandora's Box for trial lawyers as employers find themselves deluged with lawsuits over pay "gaps" real and imagined.

June 2, 2019
Chart to accompany Moore article of May 27, 2019.

The Fed hurts farmers more than China does

There's no question that many farmers are struggling this year with incomes down and bankruptcies up. Though some of the more dire reports on the farm sector recorded in the media are exaggerated, what is indisputable is that prices for major commodities such as corn are on a downward trend and are significantly lower than they were less than a decade ago, when prices were at or near record highs.

May 26, 2019
Chart to accompany Moore article of May 20, 2019.

The Trump immigration plan is pro-America, pro-growth

When I used to talk to candidate Donald Trump about immigration, I would tell him, make sure your "big, beautiful wall" has plenty of gates for people to come here legally. President Trump's new immigration initiative would achieve both goals — border security and a new system to admit the immigrants America needs most.

May 19, 2019
Illustration on economic rebounds in Ohio by Linas Garsys/The Washington Times

Trump’s policies help Ohio shatter economic records

I recently took some flak from Ohio Sen. Sherrod Brown for saying in a speech at the Heartland Institute several years ago that the "only place to live in the midwest is Chicago." He was particularly upset that I took a tongue-in-cheek swipe at Cleveland and Cincinnati as "armpits" and this was supposedly evidence that I hate Ohio.

May 12, 2019