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Wrong man for the job: Donald Trump has made a mistake with this choice

2 0 1
23.03.2019

President Donald Trump has said that he plans to nominate Stephen Moore, a writer and policy analyst, for a position on the Federal Reserve Board.

This isn't a good choice.

Moore's appointment demonstrates Trump's increasing politicisation of key government functions, and the valuation of loyalty and ideology over expertise and judgement.

Stephen Moore has a spotty economic record.Credit:Bloomberg

Moore has been a think tank researcher and pundit for most of his career, having worked at the conservative Heritage Foundation and the libertarian Cato Institute. He served as chief economist for the former, though he is not a trained academic economist (he has a Master's in economics from George Mason University).

He has co-founded multiple right-leaning lobbying groups, such as the Club for Growth and the Free Enterprise Fund, as well as serving on the Wall Street Journal's editorial board. At every stage, he has advocated tirelessly for conservative policies -- tax cuts, lower government spending and deregulation.

Moore has made a career of what law professor James Kwak calls "economism" -- a mix of simplistic economic........

© The Age