Special to WorldTribune.com By Stephen Moore There’s an old saying about baseball and life that no one ever had a 1.000 batting average. It turns out that’s not exactly true. At least when it comes to the Trump economy, anti-Trumpers defied the near-impossible statistical odds and somehow have batted 1.000 on their predictions. They managed […]
Special to WorldTribune.com By Stephen Moore At the World Economic Forum in Davos, Switzerland, last week, President Donald Trump again talked positively about negative interest rates. That’s not a very good idea considering negative interest rates are a warning signal of deflation, which can be as bad for an economy as runaway inflation. But Trump […]
Special to WorldTribune.com By Stephen Moore Almost all of us know (because President Trump boasts of it in nearly every speech) that our 3.5% unemployment rate has reached a 50-year low. But this official decline in joblessness doesn’t tell the entire story of the improvement in the job market in the United States. And it […]
Special to WorldTribune.com By Stephen Moore Let’s face it: 2019 is going to be a hard year to beat — stocks and 401(k) plans up more than 25% on average, wage gains of 3% to 5%, 7 million surplus jobs and the lowest unemployment and inflation rates in nearly 50 years. That’s a lot to […]
Special to WorldTribune.com By Stephen Moore Why are Democrats Sen. Chuck Schumer and House Speaker Nancy Pelosi teaming together to lobby for a tax bill that would provide about 80% of the benefits to Americans who make more than $100,000 a year? Schumer and Pelosi are the ones who, for the last two years, have […]
Special to WorldTribune.com By Stephen Moore First, a full admission about this article: I originally sent a version of it to The Washington Post for publication, but for reasons that will become obvious as you read on, they rejected it. Here’s the backstory. Several weeks ago, I reported on the very large increase in median […]
Special to WorldTribune.com By Stephen Moore While running for president in 1960, John F. Kennedy campaigned against the moderate growth economy (2.5% annual GDP rise) in the last years of the Eisenhower administration. He appealed to Americans’ highest aspirations by saying in his typical Boston drawl: “We can do bettah.” JFK promised 4% and 5% […]
Special to WorldTribune.com By Stephen Moore A friend of mine’s third grade daughter came home from school a few weeks ago with tears streaming down her cheeks. “My teacher says we only have 10 years before the oceans rise and we are underwater,” she moaned. “Are we all going to die?” That’s a heavy burden […]
Special to WorldTribune.com By Stephen Moore Last week, I gave a talk to high-wealth investors in San Francisco — not exactly an audience of left-wing activists — and people kept asking me the question of the day: “Will there be a recession?” My reply: I’d never say never, but I don’t see a recession in […]
Special to WorldTribune.com By Stephen Moore 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 be finally coming around to that idea. The […]