NATIONAL HARBOR, MD – FEBRUARY 28: Stephen Moore, Distinguished Visiting Fellow for Project for Economic Growth at The Heritage Foundation, has a conversation with Acting White House Chief of Staff Mick Mulvaney on stage at the Conservative Political Action Conference 2020 (CPAC) hosted by the American Conservative Union on February 28, 2020 in National Harbor, Md. (Photo by Samuel Corum/Getty Images)
UPDATED 3:28 PM PT – Sunday, October 3, 2021
Economist Stephen Moore said Democrats can’t pull their party together long enough to pass their own agenda. During an interview on Sunday, Moore said Democrats are putting themselves in “circular firing squads,” saying as a Republican, it’s laughable.
He noted the progressive wing’s anger at moderate Sens. Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.), saying if Manchin sticks to his guns, it will be very disappointing for congressional liberals. He also questioned if Fed Chair Jerome Powell is pumping up the money supply so Joe Biden will re-nominate him. Moore added, “commodity prices are up 50 percent since Joe Biden’s election. Is that a coincidence? I’m just going to ask the question.”
“It’s a train wreck right now in Washington, and the Democrats can’t seem to get anything passed. They couldn’t get the debt ceiling increased, they can’t get their own infrastructure bill through, and they can’t get their $5 trillion spending bill,” said Moore. “So, everything is at a standstill.”
Late last month, Moore warned if Democrats are able to get their massive $3.5 trillion bill passed, it would make the growing inflation worse rather than better.