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Democratic presidential candidates like Elizabeth Warren and Cory Booker have made inequality a central issue in the campaign. But their plans for minimum-wage hikes, wealth taxes and income-tax rates of 50% to 70% would restrain the economy and hurt all Americans. At least they have ideas. Republicans seem to have few of their own to boost the wealth of working- and middle-class people, ceding the debate to the Democrats and their ill designs.
Similar to President Trump Opens a New Window. , Stephen Moore is an anti-establishment voice and critic of the D.C. swamp. It should come as no surprise that economists who never stray from mainstream, “acceptable” positions on the role of the Federal Reserve Opens a New Window. are also vehemently opposed to Moore’s nomination to the Federal Reserve Board of Governors. After all, to challenge the Fed’s orthodoxy is to challenge the Washington establishment.
WASHINGTON, D.C. -- In response to President Trump’s offer to Stephen Moore, FreedomWorks Senior Economic Contributor, to join the Federal Reserve Board, FreedomWorks President Adam Brandon, commented: