Conservative Leaders Applaud 3.2% GDP Growth, Push Stephen Moore for Fed

By Michael W. Chapman | April 29, 2019 | 12:51pm EDT
Economist Stephen Moore.
(YouTube)

(CNSNews.com) -- Given this year's first quarter GDP growth of 3.2% -- the strongest first-quarter growth in four years -- numerous economic conservatives praised the White House and the economic forecasting of Stephen Moore, who has been nominated by President Trump to serve on the Federal Reserve's seven-member Board of Governors. 

The Gross Domestic Product, or GDP, is the estimated total value of all goods and services produced in the United States. 

"Today's big GDP number smashes expectations and proves @realdonaldtrump and @StephenMoore are right -- and that Moore should be on the Fed!" tweeted former Congressman Tim Huelskamp (R-Kansas), and current president of the Heartland Institute on Friday.

(Twitter.) 

Bill Walton, managing partner of Rappahannock Ventures, tweeted, "Today's 3.2% GDP for Q1 bolsters an already strong case for 'growth hawk' Steve Moore to be confirmed to the Federal Reserve Board. He'd bring a valued perspective. As @AndyPuzder noted over a month ago, he's been 'highly accurate.'"

Ken Blackwell, former treasurer of the State of Ohio, tweeted, "Big GDP nmbr smashed expectations and, again, proved Steve Moore is right and deserves to be on the Fed. Months ago he said: '[Paul] Krugman and others said that there’s no way that Donald Trump can get us to 3 to 4 % growth ... Guess where we are right now?'" 

(Twitter.)

Paul Krugman is a left-wing economics columnist for the New York Times

The Tea Party Patriots on Friday said, ".@stephenmoore @realdonaldtrump and Larry Kudlow nailed it again – a GDP growth of 3.2%. #AmericaFirst policies are making our economy grow. #MAGA."

(Twitter.)

"Brains, a passion for growth, and a belief in openness: Steve Moore is just what the Fed needs — and not a basis point too soon," tweeted FreedomWorks. 

Publisher Steve Forbes said, "Congrats to President @realDonaldTrump, @larry_kudlow and @StephenMoore for making America grow again. 3.2% growth shows regulatory reform and cutting taxes. #Trumponomics is working for the American people."

(Twitter.)

The Job Creators Network said that Moore "was proven right once again. Q1 GDP # is right where he said it should it be given tax cuts, reg rollbacks. As @AndyPuzder says he's been 'highly accurate' about the economy and deserves to be on the Fed board."

American Commitment's Phil Kerpen applauded the positive economic news, "Trumponomics in action!"

(Twitter.)

Steve Milloy, founder of Junk Science and BurnMoreCoal.com, said the 3.2% GDP growth "crushed expectations" and showed that Trump and Moore "are right on economic and regulatory policy." He added, "Moore deserves to be on the Fed Board."

Reporter and "White House Brief" host Jon Miller tweeted, "Now we've just hit 3.2 % growth. When it comes to the economy, no one better than Trump, and so I am fully confident in his pick [Moore]." 

(Twitter.)

Back in March, President Trump announced that he was nominating Stephen Moore for one of two open positions on the Fed's Board of Governors. 

"It is my pleasure to announce that @StephenMoore, a very respected Economist, will be nominated to serve on the Fed Board," tweeted Trump on March 22. "I have known Steve for a long time – and have no doubt he will be an outstanding choice!"

Stephen Moore, 59, is an economist, columnist, author, and a visiting fellow at the Institute for Economic Freedom and Opportunity at the conservative Heritage Foundation.  Moore was an adviser to the 2016 Trump-Pence campaign.

"There's no bigger swamp in Washington than the Federal Reserve Board," Moore said in a February. "It's filled with hundreds of economists who are worthless, who have the wrong model in their mind. They should all be — they should all be fired and they should be replaced by good economists."

On April 15, more than 100 economists and conservative leaders endorsed Moore for the Fed. 

(Twitter.)

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