Trump Economic Adviser Stephen Moore: U.S. Doesn't Need A New Stimulus, It Needs to Open
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Stephen Moore, one of President Donald Trump’s top economic advisers, said during a radio interview on Sunday that our country doesn’t need another massive, multi-trillion dollar COVID-19 relief bill – it needs more Democrat and RINO governors and mayors to end the silly, counterproductive, and unnecessary lockdowns and restrictions.
In other words, Moore says, America needs to open back up, and fully, because when reopening happens, so does massive new growth.
"At this point, I'm not so sure we need a $2 trillion stimulus," Moore told Sunday's "The Cats Roundtable" on WABC 770 AM-N.Y., hosted by John Catsimatidis. "I just don't think it's necessary or necessarily helpful when we already have a $3 trillion deficit."
"Trump has been very much in command here and I think the fourth quarter will be just as strong as the third quarter," Moore said, adding that the president correctly predicted (as did his economic advisers) that a "V-shaped" recovery would happen.
In fact, Moore says he's already seeing plenty of evidence that the recovery is well underway, which is not being reported (surprise!) by the garbage elitist media.
"The economy really is showing signs of picking up; I don't care what the newspapers say; I don't care what [moderator] Susan Page said at the vice presidential debate," Moore said. "She was saying the economy is falling down. I don't see that.
"I see really strong numbers coming in for the third quarter, which ended Sept. 30; there'll be 30 percent to 35 percent growth, which shatters the all-time record for growth in one quarter. The numbers on jobs are positive," Moore added, citing data that he's seen at the White House.
Moore also said that airline travel finally picking back up again, calling it "evidence business is getting back to usual, especially in about the 10 states that have opened up their economies."
"That's an indication we're getting back to some degree of normalcy," Moore told the radio host and station owner.
The economist also pointed to a recent Gallup survey in 56 percent of respondents said they feel like they are better off today, even amid the global coronavirus pandemic and Democrat/RINO-led shutdowns, than they were under the last year of former President Barack Obama and Vice President Joe Biden's administration.
"People are getting back to feeling a little bit better about things," Moore said, making the case for the American people to stay with their billionaire businessman president. "They see a light at the end of the tunnel, and that to me argues against changing the captain of the ship."
We would agree. The primary reason the economy bounces back so significantly when governors and mayors lift their pointless coronavirus lockdowns is because of the solid growth foundation that Trump and Republicans laid during the first three years of his presidency.
Cutting taxes, especially on corporations; unleashing American energy production capacity; sanctioning China; getting rid of job-crushing regulations; and renegotiating trade deals so that Americans aren’t getting ripped off by our ‘friends’ – all of these policies have allowed the economy to snap back.
But governors and mayors have to take the brakes off and end the ridiculous coronavirus restrictions for a full recovery to be made.
Moore knows that. And so do more and more Americans who will vote with their wallets Nov. 3.