Later On

A blog written for those whose interests more or less match mine.

“Capitalism Is a Lot More Important Than Democracy,” Says Donald Trump’s Economic Adviser

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Priorities sometimes get skewed. Jon Schwarz reports in The Intercept:

Among the members of Donald Trump’s recently announced team of economic advisers is Stephen Moore, a distinguished visiting fellow at the Heritage Foundation and co-founder of the Club for Growth, which supports candidates who advocate slashing the tax rates of the top 1 percent.

Moore is particularly notable because he’s entertainingly honest about prioritizing money over Americans. In the 2009 documentary Capitalism: A Love Story, Moore said on camera that “Capitalism is a lot more important than democracy. I’m not even a big believer in democracy.” (I was research producer for the movie, which was directed by Michael Moore — no relation to Stephen.)

Stephen Moore is also, like Trump, a charlatan. After a guest op-ed under his byline in the Kansas City Star contained glaringly false statistics, the paper’s editorial page editor vowed that she would never run anything by Moore again, and that any other submissions by Heritage Foundation staff would be fact checked by the Star. (Moore’s errors were discovered by Star columnist Yael Abouhalkah, who is my cousin.)

But of course Trump won’t pay any price for choosing Moore as an adviser, since their mutual distaste for democracy and affection for general chicanery are shared by many other people at the top of the U.S. political system.

Here’s the transcript from the movie, with the segment below: . . .

Continue reading.

Moore is both dishonest and incompetent in his economic articles and is a regular target of Paul Krugman’s analysis in Krugman’s blog on the NY Times. As I recall, Kevin Drum has also often taken issue with Moore’s many erroneous statements.

But at least we are glimpsing the direction the government will go if Donald Trump is in charge.

Written by LeisureGuy

9 August 2016 at 2:36 pm

Posted in Business, Election, GOP

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