Opinion | The Fed Is a Threat to Growth

Now that the Trump administration appears to be closing in on a trade deal with China, and thus hopefully averting a damaging tariff war, the U.S. economy is positioned to grow at 3% to 4% over the next several years. The Tax Cuts and Jobs Act of 2017 and two full years of pro-business regulatory relief already ramped up growth to 3.1% over the past four reported quarters—the best performance since 2005.

The last major obstacle to staying on this path is the deflationary monetary policy of the Federal Reserve. The deflation...Chief White House economist Kevin Hassett was right about growth in 2018. Former Obama and Clinton adviser Larry Summers wasn’t. Image: Getty

Monetary policy is overrated. Growth is a wide topic and there’s so much we can do in the fiscal policy and labor market.

'The combination of stable prices and sharp tax cuts in the 1980s produced an average of 4% growth for seven years.' Today is different from the 1980s. See here Would Reaganomics Work Today?

Seriously, trump is the threat to growth. Be honest.

Great President Trump told the fed to stand down their r hiding n rat holes

How many times can we use the economic fear mongering buzz word 'deflation?'

Powell has proved to be indecisive Federal Reserve Governor and the rest of the governors of the Federal Reserve are mostly incompetent.

In Stephen Moore’s world the economy is running on printed money from QE infinity, unsustainable debt, and artificially repressed interest rates that punish savers and reward foolish debt accumulators. Sick! It will crash. This time is not different.

Everyone wants to just keep drinking the beer thinking nothing could go wrong. If the beer isnt taken away, eventually, everyone throws up.

For 8 years of Obama-nomics the Fed had a rough go of it in trying to keep the economy afloat. So the Fed will need a few years to get monetary policy back on track.

The Fed and central banks around the world main driver of income inequality. imho

Yeah, Stephen Moore’s a dumbass.

Stephen Moore arguing Fed needs to give more free money. What a debased tool this guy is.

So the real economy is struggling to trigger REAL inflation, which will cause REAL monetary problems in the US given the depth of debt. 3-4% growth, held back by the need to repair after years of 'free' money? So is driven by 'easy' money USA?

Trump will install Ivanka as Fed Chair.

Nope... Consumer debt is the main problem

The Fed is a check on GOP stupidity pure and simple

that, the trade war, and the overall economic slowdown.

Stephen Moore? THE Stephen Moore? Hard pass.

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