Stephen Moore: ‘I’m Not a PhD Economist,’ and Why He’s the Best Man for the Fed

Stephen Moore, fellow at the Project for Economic Growth at the Heritage Foundation, the author of Trumponomics: Inside the America First Plan to Revive Our Economy (All Points Books (October, 2018), and President Trump’s pick for the Federal Reserve Board, talks about the role of the Fed and its current policies.

(16:52 min) Young people have grown up at a time when economic growth has been disconnected from the middle class)

Since 1980, wages have grown 15% while the stock market has grown 500%.

Bernie and AOC say Clintonesque government concentrates wealth.

People have access to technology (20 min)

The middle class is doing much better than they were 30-40 years ago.

I want to turn every worker into a capitalists, by investing their retirement income in the stock market

Worker-Capitalist market

Are you willing to overlook Donald Trump’s racism?

Look at the record of Wages and Labor Participation

Prediction: Trump will earn the highest rate of votes from minorities because of the booming market