Former Trump economist: No 'rational scenario' that this bill reduces inflation



Former Trump Senior Economic Advisor Stephen Moore discusses the impact of the Inflation Reduction Act on corporations and the middle class.

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37 comments

  1. How does using tax credits on big ticket items like electric cars and solar energy systems slow inflation? In the meantime the FED is tightening money supply, isn't Congress and the FED working against one another?

  2. Sugar on a sour apple.

  3. The ruling class hates legislation not designed to just help the overprivileged.

  4. Cant have a simple system, makes it tough to cheat, lie and steal, and control, won't work for the establishment.

  5. A LITTLE DAB WILL HAVE TO DO YOU!

  6. The titleof bills and Government Departments have nothing to do with what they are about e.g., the Health Department is about disease.

  7. What Ron Paul said throughout his 40 years career in office turned out right.

  8. But the democrat minions gods said it would and that's all the democrat minions need to hear.

  9. It's called the recession inflation act !

  10. Good morning USA from Canada

  11. THE WORST PRESIDENT AND HIS ADMINISTRATION IN US HISTORY

  12. Fuk the irs 😤😤

  13. ⠀ People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing … BE wise

  14. Printing more paper certificates will REDUCE the face value off all existing “paper.”

  15. Don't hear no round of applause from the democrats and thier fearless leader! Or the fav(81) anyone 🤔 🙄

  16. Probably true, but he's really upset that he's not getting another tax cut

  17. Since 1933, the US economy has grown at an annual average rate of 4.6% under Democratic presidents and 2.4% under Republicans.

  18. It's all a smoke screen to cover the wrong doings of the current president

  19. Businesses large and small, are improving their competitiveness and bottom-lines through the use of AI assisted business apps. Only the Federal Government, particularly the IRS would not even consider using AI assisted apps to improve tax collections and apprehend tax cheats. Why? Because that will make the IRS efficient and less bureaucratic.

  20. It’s people making 75 grand and less a year this evil is destroying this country by guns and ammunition and take it to the streets

  21. The us government should continue fight gangs and other hateful groups, but diplomatic slavery must end no more delays failed diplomatic experiment safety and Liberty 🗽✓ 12billions no more delays is my money I need it now✓ end political bullying

  22. They spend so recklessly that it defies words then will try to squeeze blood out of the middle class turnip.

  23. Just the fact that this guy was a tRump economist, gives me ZERO faith in his comments.

  24. The Democrats don't care !!!!!!!!

  25. Steve Moore is absolutely correct.

  26. Biden is just backwards on everything. FJB

  27. Moore, a former Trump campaign adviser who spent most of his professional life preaching the wonders of tax cuts, has admitted on at least a couple of occasions that he is “not an expert” on monetary policy. And it shows: His public comments on the topic over the years have mostly been limited to obvious partisan hackery. While Barack Obama was in office, Moore warned about phantom inflation and argued that the Fed should raise interest rates (which would have likely throttled the economy). Now that Donald Trump is in office, he has started warning about phantom deflation and argued that the Fed should cut interest rates (which would likely boost the economy).

  28. Yea your going to be audited or shot.

  29. It’s not an Inflation Bill.

  30. The expansion of the IRS will be universally unpopular, no doubt. We've seen it before.

  31. HE IS A CRIMINAL FRAUD OF THE US GOVT!!

  32. TRUMP MAGA TRAITORS. TALIBAN SUPREME COURT. WANNABE FASCIST TRUMP.

  33. I hope people on only fans kept record of what they paid in every quarter bc it will be seen as a sole proprietorship.

  34. President Trump 2024

  35. What is the pattern for these moronic foolish idiots? LYING IS THE PATTERN FOR THESE PEOPLE. PLAN F.

  36. Why bother having a paid lobbyist to give a paid response?