The Looming Recession: How Bad Politics Are Driving America to a Stagflation Disaster—Stephen Moore
America is moving fast toward a stagflation economic crisis, where costs go up and the available money goes down. Yet, according to a former top economic adviser to President Donald Trump, this crisis is still avoidable.
Stephen Moore is a former member of Trump’s Economic Task Force and is an economic adviser. We spoke with him about the causes of America’s economic downturn.
Moore said, “We should be having a record high growth rate. And I believe we would if Trump were still president, but Biden came in and he just twisted all the dials in the wrong direction.”
We talk to him about the current policies of the Biden administration, where these are leading the country, and what can be done for America to steer itself out of the looming crisis.
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