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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

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
Illustration on secrecy at the Federal Reserve by Alexander Hunter/The Washington Times

Let the sunshine in at the Federal Reserve

I'm disappointed that I had to withdraw from the nomination to be a member of the Federal Reserve Board, because I do believe the Fed needs to change the way it operates. In the last month I started investigating how it makes its decisions that have such a dramatic impact on jobs, wages, interest rates and the overall well-being of the country. How does the board make its monetary policy decisions on setting interest rates, buying bonds and regulating our financial institutions?

May 5, 2019
Steel-Booted World-Goverment Mandates Illustration by Greg Groesch/The Washington Times

Any climate change ‘solution’ that makes America poorer is not a solution

Every time a reporter asks me if I would support a carbon tax, I always say that I might if it led to a dollar-for-dollar reduction in income or payroll tax rates. And the new energy tax would have to replace onerous greenhouse gas regulations. And everytime I say this, the next day a headline reads: "Steve Moore Is For a Carbon Tax."

April 28, 2019
FILE - In this April 18, 2017 file photo, President Donald Trump holds up the "Buy American, Hire American" executive order which he signed during a visit to the headquarters of tool manufacturer Snap-on Inc. in Kenosha, Wis. Immigrants with specialized skills are being denied work visas or seeing applications get caught up in lengthy bureaucratic tangles under federal changes that some consider a contradiction to Trump’s promise of a continued pathway to the U.S. for the best and brightest. (AP Photo/Susan Walsh)

Why the immigration system must move away from family immigrants and more toward skill and merit

Of all America's immigrant visa programs, arguably the most successful for the U.S. economy has been the H1B program. This program admits highly-skilled foreigners that fill vital employment niches to make our Made in America businesses more successful in international markets. Larry Kudlow, the director of President Trump's National Economic Council, calls these immigrants the "brainiacs."

April 21, 2019
Growing American Jobs Illustration by Greg Groesch/The Washington Times

Is America running out of workers?

If you want one number that encapsulates the enormity of the economic turnaround under Donald Trump it is this: Today in America so far this year there have been between 7.1 million and 7.6 million unfilled jobs. This number is larger than the entire population of the state of Indiana. That is how powerful and relentless the hiring spree has been under Trump policies.

April 14, 2019
Chart to accompany Moore article of April 8, 2019.

Holding commodity prices stable will help to avoid economic carnage

What caused the financial crisis and Great Recession of 20082009? A decade later, economists still don't have a good answer. Of course, the financial bubble in the housing market was the proximate cause, but this begs the question of what inflated the bubble that burst in the first place.

April 7, 2019
Elite University Coffers Illustration by Greg Groesch/The Washington Times

Elite universities sit on massive tax deducible endowments, and could be tapped to lower costs

The seething anger that Americans feel over the college admissions scandal with wealthy and well-connected families using money, influence and cheating to bump their kids up in line so they get accepted into elite schools is well-justified. Yet this scheme is small potatoes compared to the real scandal on college campuses from coast to coast. That scam is how much universities are charging families once they do get in.

March 31, 2019
Illustration on President Trump's auto tariffs by Alexander Hunter/The Washington Times

The Trump administration rallies behind car tariffs, but the car industry opposes them

In almost every case, whenever a tariff or quota is imposed on imports that tax is strongly supported by the domestic industry getting the protective shield from lower-priced foreign competition. The sugar industry supports sugar tariffs; textile mills lobby for tariffs on foreign clothing. The steel industry and the aluminum makers are getting rich off of the high taxes on imported metals.

March 10, 2019
Federal Land Map to accompany Moore article of March 4, 2019.

Why Trump must veto the federal land grab bill

President Trump gave one of his most memorable and impactful speeches two weeks ago when he systematically dismantled the case for socialism. In that speech, he recalled the economic harm and destruction in nations that have adopted socialism, communism or Stalinism. "We will never be a socialist country," Mr. Trump pledged in his speech in Florida.

March 3, 2019
House Speaker Nancy Pelosi of Calif., accompanied by House Democratic members stand after signs a deal to reopen the government on Capitol Hill in Washington, Friday, Jan. 25, 2019. The measure now goes to the White House for President Donald Trump to sign. (AP Photo/Andrew Harnik)

‘Democrats for border security?’

The government shutdown is over — for now — but the political ramifications are still being sorted out. The media has been chortling that Donald Trump "caved," and he may well have lost this battle with congressional Democrats. Their "victory," such as it is, is to notify American voters that they are so opposed to a wall and a secure border that they were willing to keep the government shut down for four weeks to ensure it doesn't happen.

January 27, 2019