Apr 14, 2019

Stephen Moore's greatest hits

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Illustration: Lazaro Gamio/Axios

Stephen Moore is still on track to be nominated to one of the Fed's open board seats.

Driving the news: This week, Moore went on CNN to say that "a gold standard would certainly be better than what we have right now" and that surging oil prices in mid-2008 were caused by loose monetary policy.

CNN's Andrew Kaczynski has found older statements from Moore, including:

  • Saying that "hundreds of economists" at the Fed are "worthless" and should be fired.
  • Calling for the elimination of both the corporate income tax and the individual income tax.
  • Declaring that the 16th amendment, which created the federal income tax, is "the most evil act that has passed in 100 years."
  • Saying that "you truly could not come up with a dumber system than Medicaid."
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