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‘Idiot’ pseudo-expert Stephen Moore should not be allowed anywhere near the Fed: NY Mag columnist

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In an extremely blunt and unrelenting column for New York Magazine, columnist Jon Chait made a compelling case that Stephen Moore — tapped by President Donald Trump to join the Federal Reserve — should not be allowed to be seated there or anywhere else where he can influence economic policy.

Referring to Moore in the headline as an “idiot,” Chait cut right to the chase, writing, “Stephen Moore’s career as an economic analyst has been a decades-long continuous procession of error and hackery. It is not despite but precisely because of these errors that Moore now finds himself in the astonishing position of having been offered a position on the Federal Reserve board by President Trump.”

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According to Chait, Moore is not a trained economist, but is instead merely a financial analyst whose stock in trade is “pseudo-expertise.”

‘He is a dedicated advocate of supply-side economics, relentlessly promoting his fanatical hatred of redistribution and belief that lower taxes for the rich can and will unleash wondrous prosperity,” Chait wrote. “Like nearly all supply-siders, he has clung to this dogma in the face of repeated, spectacular failures.”

Pointing out that he has been covering Moore’s economic pronouncements since 1997, the columnist said the Trump appointee is not often wrong — in retrospect — but his recommendations would have been disastrous.

“In the years since, I have continued following his career, and he has shown no intellectual growth at all. He is capable of writing entire columns that contain no true facts at all,” Chait charged. “He made so many factual errors he achieved the rare feat of being banned from the pages of a Midwestern newspaper.”

“And yet, for all their extravagant ignorance, Moore’s beliefs on fiscal policy are actually more sophisticated and well-developed than his views on monetary policy. It is the latter that he would be in a position to influence as a Federal Reserve governor,” he continued.

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“While the internal workings of his mind remain a matter of speculation, I doubt he is consciously venal enough to tailor his thinking explicitly to partisan goals. Rather, Moore has extremely strong partisan instincts and extremely limited analytical skills. The combination results inevitably in the latter giving way to the former,” Chait wrote before concluding. “He should not be permitted any position of serious responsibility, in government or anything else.”

You can read more here (subscription required).

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Trump ‘just wants this problem to go away’: President desperate to get coronavirus ‘off his plate’

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President Donald Trump is desperate for the coronavirus problem to go away, and he doesn't exactly care how it happens.

According to New York Times reporter Annie Karni, sources are telling her that the biggest concern Trump has is more about the markets than the deaths of Americans from the virus.

"First, let's establish, this is a president who tried to change science with a Sharpie when it came to hurricane path prediction," said MSNBC host Brian Williams. "That picture lasts forever."

"Even his allies on Fox and his allies outside the White House were kind of channeling to that proverbial audience of one that this was a great opportunity to look presidential and to tell the facts," said Karni. The Donald Trump we saw out there in the briefing room was very casual, kind of left the facts to the other people that accompanied him out there. But he clearly publicly and privately just wants this problem to go away. He wants to downplay it. He thinks -- he has called people who are talking about fears about it alarmist. He doesn't want to be alarmist, and he's kind of holding on to any comment that makes it sound like this will naturally be a problem that is removed from his plate. That's what we saw publicly, and that's what he's been saying privately as well."

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Seth Meyers: You know Trump isn’t the chief law enforcement officer because he couldn’t pass the physical

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"Late Night" host Seth Meyers warned that the United States is sliding into authoritarianism under President Donald Trump.

Sounding the alarm Wednesday evening, Meyers cited reports that Trump was making lists of disloyal people, purging them from their jobs, hiring unqualified cronies in top posts, and claiming he has the right to interfere in criminal cases.

While speaking to the press last week, Trump even announced that he's allowed to be involved in all criminal cases because he's the chief law enforcement officer of the United States. It's actually a title used for the attorney general.

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Conservative columnist nails the infectious diseases the Trump White House is suffering from

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On Wednesday, conservative columnist Max Boot revealed the "diseases" at the heart of President Donald Trump's administration that are weakening their capacity to respond to the very real disease threat from coronavirus.

Simply put: Fevered nationalism, hatred of the civil service, and a pathological desire to erase the legacy of President Barack Obama.

"Covid-19 has already infected more than 80,000 people in 37 countries, causing more than 2,600 deaths, and experts doubt it will slow in the spring," wrote Boot. "That a virus that started in China could have a bad impact on the United States should be no surprise: Diseases don’t respect borders any more than terrorists or trade flows do. Transnational threats require transnational solutions. To cite but one example, many of the medicines and medical supplies that Americans need, including N95 face masks, come from China."

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