Stephen Moore

Writer

1960-02-16

Quotes by Stephen Moore

• The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong and reliable currency.

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• A lifetime single worker really gets a horrid deal from Social Security. The return on average is less than 0.5 percent. These workers would be nearly better off stuffing their payroll tax dollars under a mattress.

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• Few nations have been as reliant on nuclear power as Korea. In many ways, cheap and reliable atomic energy helped make possible the 'miracle on the Han River' - i.e., the swift post-World War II economic surge of Korea.

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• No one understands the dysfunctions and debilitating impact of America's political system in the swamp better than Mark Melcher and Steve Soukup.

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• One of Trump's reforms is to limit the time that workers can use on the job at taxpayer expense working on union activities. What does this have to do with public service? So taxpayers have to pay overcompensated federal employees while they work on union activities so they can get even more taxpayer money.

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• 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.

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• Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.

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• The trade deficit always goes up when the economy is strong and plummets when the economy sinks, as it did during both the Great Depression of the 1930s and the Great Recession of 2008-09.

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• Mr. Trump's fiscal policies have produced more growth than Mr. Obama's because they were designed to incentivize businesses to invest, hire, and produce more here at home. The Obama 'stimulus,' by contrast, went for food stamps, unemployment benefits, ObamaCare subsidies, 'cash for clunkers' and failed green energy handouts.

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• We all, as individuals, can and should act compassionately and charitably. We can volunteer our time, energy, and dollars to help the underprivileged. We can feed the hungry, house the homeless. Most of us feel a moral and ethical responsibility to do so - to 'do unto others.'

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• Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes.

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• If the Left really wants to preserve family structure and advance cultural values such as work, why do they oppose reforms to a welfare system that pays teenage girls to have babies out of wedlock and disparage conservative proposals that require able-bodied Americans to work for their welfare benefits like food stamps?

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• The original purpose of the welfare state was to lift people into self-sufficiency, not to create a permanent underclass dependent on taxpayers.

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• Too often, we say that the Left is wrong but well-intentioned. Some are. But most simply want government to control other people's lives, and they believe in Stalinistic methods to achieve that goal.

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• That is exactly what Mr. Trump is: The working man and woman's CEO.

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• My father built a small business from scratch with years and years of sweat equity and many, many weeks away from home. He employed about 50 people, and by the end of his working years, the business was highly successful. He became a millionaire.

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