Stephen Moore on Economic Policies: Trump vs. Harris

Economist and author Stephen Moore joins Jim and Bob for a live show in Orlando to discuss the contrasting economic policies of Kamala Harris and Donald Trump, focusing on tax implications, inflation, and the impact of immigration on economic growth. Moore previously served as a Senior Economic Adviser to President Donald Trump in 2016. He analyzes the performance of the Trump administration compared to Biden's, emphasizing the importance of supply-side economics and the middle class's role in the economy. The discussion also touches on the future of the U.S. economy, technological advancements, and the necessity of a robust immigration policy to sustain growth.

Key Takeaways:

-Kamala Harris's tax plan could raise taxes by $5 trillion.

-Trump's economic policies are credited with improving business conditions.

-Raising corporate taxes could harm shareholders and the economy.

-Inflation is driven by too much money chasing too few goods.

-The middle class is crucial for economic stability and growth.

-Immigration is vital for maintaining a productive workforce.

-Technological advancements can drive economic recovery.

-The stock market's performance is better under Trump when adjusted for inflation.

-Supply-side economics focuses on increasing production to lower prices.

-The upcoming election will be influenced by economic conditions and inflation.

Chapters:

00:00 Economic Policies and Their Impacts

07:43 Trump vs. Biden: A Comparative Analysis

12:31 Inflation and Economic Recovery

18:42 Immigration and Economic Growth