Stephen Moore was the economic architect behind most of Trump’s best tax and economic policies. Check out his book Gozvilla – https://amzn.to/4dFOdB7 Stephen Gardner and Trump economic advisor Stephen Moore discuss Donald Trump, Biden’s economic policies and how damaging they have been as well as the moves Trump will make to improve the country right away!
In a recent interview with Stephen Gardner and Stephen Moore, former top economic advisor for Donald Trump, key economic issues under the Biden administration were discussed. The conversation tackled several pressing topics, from economic claims by the Biden administration to significant financial mismanagement in California.
**Economic Strength Claims**
The Biden administration frequently boasts about having one of the strongest economies in American history. However, a recent CNN poll indicates that most Americans believe Donald Trump would manage the economy better. Stephen Moore critiqued Biden’s claims, suggesting that while the economy might appear strong for the wealthy, many middle and lower-income families are struggling. The disparity between economic PR and on-the-ground reality was a central theme.
**Inflation Inheritance**
President Biden recently stated in an interview that he inherited a 9% inflation rate. Fact-checkers, however, point out that the inflation rate was actually around 1.4% when he took office. Moore discussed whether Biden was misinformed or simply following a scripted narrative, emphasizing the disconnect between presidential statements and economic facts.
**California’s Financial Mismanagement**
The conversation then turned to California, where two major stories emerged over the weekend. Despite billions spent, the high-speed rail project has completed only 1600 feet of track and has run out of money. Additionally, nearly $25 billion spent on homelessness has resulted in worsening conditions. When questioned about California’s $100 billion deficit, Governor Newsom attributed it to climate change. Moore criticized this explanation, highlighting the misallocation and inefficiency in handling public funds.
**Impact of Illegal Immigration**
Moore expressed concerns about the sustainability of the current rate of illegal immigration, with estimates suggesting close to 10 million new people utilizing hospital, welfare, social security, and school systems. He questioned whether the U.S. could sustain an influx of 3-5 million new illegal immigrants each year, stressing the economic strain on public services and resources.
**Govzilla**
Stephen Moore also spoke about his book “Govzilla,” which critiques the expanding size and power of government. He discussed how unchecked government growth can lead to inefficiency and economic stagnation, inviting listeners to explore these themes further in his book.
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