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Commentary By Stephen Moore

Most Recent Releases

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December 17, 2019

A Cheer for the Trump Uranium Plan By Stephen Moore

Our sources are telling us that President Trump is nearing a decision on how to revive the all-but-dormant American uranium industry. This proposed plan would create a reserve of domestically mined uranium stored in a "Federal Uranium Security Stockpile." One option on the table is for the Department of Defense to purchase uranium through the 1950 Defense Production Act.

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December 10, 2019

Congress Must Stop Subsidizing Wealthy Car Buyers By Stephen Moore

Why are Democrats Sen. Chuck Schumer and House Speaker Nancy Pelosi teaming together to lobby for a tax bill that would provide about 80% of the benefits to Americans who make more than $100,000 a year?

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December 3, 2019

Congress Bans Short-Term Lending; the Poor Pay a High Price By Stephen Moore

Washington do-goodism almost always fails to help the people it is supposed to because politicians ignore the Law of Unintended Consequences. Nowhere is that more evident than when it comes to a congressional plan to put payday lenders and other short-term lending institutions, such as the burgeoning online lenders, out of business.

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November 26, 2019

How America Can Still Win the Race to 5G Wireless Technology By Stephen Moore

The Federal Communications Commission has thrown a curveball into the global race for deployment of 5G -- the much-anticipated fifth generation of cellular and wireless technology. FCC Chairman Ajit Pai has announced his support for a government-run auction of an underutilized 500-megahertz space on the electronic spectrum that cellphone carriers like AT&T and Verizon need to deliver 5G wireless services.

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November 19, 2019

Trump Needs Tax Cut 2.0 By Stephen Moore

Every single plausible Democratic candidate for president has endorsed tax increases as a centerpiece of their economic agenda. Think about what we are hearing from Elizabeth Warren, Joe Biden, Bernie Sanders and the rest of the "Punch and Judy" show: new wealth taxes, carbon taxes, energy taxes, higher death and income taxes with rates up to 70%. Payroll taxes would rise to pay for Social Security benefit expansions and Medicare for All.

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November 12, 2019

The Post and Liberal Media Again Get It Wrong About Trump Economy By Stephen Moore

First, a full admission about this article: I originally sent a version of it to The Washington Post for publication, but for reasons that will become obvious as you read on, they rejected it.

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November 5, 2019

Nancy Pelosi's Stall Tactics Hurt America's Economy By Stephen Moore

Wouldn't it be wonderful if for one brief shining moment in Washington, Congress put good policy over politics -- and passed a bill that would benefit American workers, investors and businesses?

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October 29, 2019

Trump Economy Surges, Biden and Obama Hog the Credit By Stephen Moore

Joe Biden is at it again -- living in his own parallel universe. The same former vice president who says that his son Hunter was hired by a Ukrainian oil and gas company because of his expertise in energy policy is now claiming that President Donald Trump has "squandered" the strong Obama economy he inherited.

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October 22, 2019

Washington Subsidies Not Helping the Wind Industry By Stephen Moore

Last week, the lobbying arm of the wind energy industry made an unsurprising, though somewhat embarrassing, announcement. It wants a longer lifeline with federal subsidies. So much for wind being the low-cost energy source of the future.

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October 15, 2019

It's a Middle-Class Boom By Stephen Moore

How much of the monetary gains from the Trump economic speedup have gone to the middle class? If you ask Democratic senators and presidential candidates Elizabeth Warren, Kamala Harris and Bernie Sanders, the answer to that question is ... almost none.

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October 8, 2019

What the Presidential Candidates Are Missing: Economic Growth By Stephen Moore

While running for president in 1960, John F. Kennedy campaigned against the moderate growth economy (2.5% annual GDP rise) in the last years of the Eisenhower administration. He appealed to Americans' highest aspirations by saying in his typical Boston drawl: "We can do bettah." JFK promised 4% and 5% rates of annual economic progress for the nation -- and he delivered.

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October 1, 2019

'Stop Scaring the Children' By Stephen Moore

A friend of mine's third grade daughter came home from school a few weeks ago with tears streaming down her cheeks. "My teacher says we only have 10 years before the oceans rise and we are underwater," she moaned. "Are we all going to die?"

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September 24, 2019

Rebuilding America's Domestic Uranium Industry By Stephen Moore

The decline of American mining and production of critical minerals in recent decades is a self-inflicted wound that could imperil our economy and national security.

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September 17, 2019

Renewable Energy Will Only Be Possible With Massive Increases in the Supply of Critical Minerals By Stephen Moore

The recent threats by Beijing to cut off American access to critical mineral imports has many Americans wondering why our politicians have allowed the United States to become so overly dependent on China for these valued resources in the first place.

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September 10, 2019

Democrats Once Again Embrace Population Control to Save the Planet By Stephen Moore

Is the left once again embracing Malthusian population control in order to save the planet?

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September 4, 2019

Natural Gas, America's Wonder Fuel By Stephen Moore

One of the many idiocies of the "Green New Deal" and other such anti-fossil fuel crusades is that all of this arrives on the political scene at a time when the price of producing energy from fossil fuels is lower than at any time before in human history.

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August 27, 2019

Democrats Rooting for Recession By Stephen Moore

Last week, I gave a talk to high-wealth investors in San Francisco -- not exactly an audience of left-wing activists -- and people kept asking me the question of the day: "Will there be a recession?" My reply: I'd never say never, but I don't see a recession in 2020. And if we get a trade deal with China, the economy is going to soar. 

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August 20, 2019

Why Trump Should Stop the Reregulation of Freight Rail By Stephen Moore

Recently, two major railroad operators, CSX and Union Pacific, reported a significant drop in earnings, in part due to declining rail shipments. This was partially due to the impact of ongoing trade disputes. While we generally support a better trade relationship with China (hopefully with fewer tariffs and nontariff barriers), we need to see strong freight rail traffic if the economic expansion is going to roll on.

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August 13, 2019

Sending an SOS to the Federal Reserve By Stephen Moore

To keep the economy from a further growth slowdown, the Fed must inject more dollar liquidity into the global economy -- immediately.

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August 6, 2019

Why the Fed Shouldn't Compete With Private Banks By Stephen Moore

Do we want the U.S. Federal Reserve Board to operate as a commercial bank -- and compete with our private banking system? The Fed apparently wants to, and it's a policy shift that could greatly expand the mission of the Fed.