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The announcement that President Trump could appoint Stephen Moore and Herman Cain to the Board of Governors of the US Federal Reserve has been greeted by so-called serious people supposed to be concerned about the qualifications of these men. The idea that these detractors would accept another "good republican", but not those two, is a joke.
The Good Republican would for the most part agree with the Democrats on the horror of other Republicans, frown on the usual Republican policies and nodded at a panel of Liberals on your television. Moore and Cain are not good Republicans and that's why their powers are questioned.
Instead of devoting the last two years to Trump's policy and defining an attractive program, the Liberals decided that the president was a Russian spy. It makes sense that they extend madness to his candidates.
Jennifer Rubin, the Washington Post's exciting American blogger, called Cain and Moore "outrageously irresponsible choices." Rubin attacks any Republican who dares to queue with the President, even on the positions that she previously held. (Rubin could have the strangest role in American journalism: she claims to represent the Conservatives at the Washington Post while tearing them down.)
In a storm tweet on Friday, Paul Krugman called Herman Cain a "clown" and Moore "incompetent and dishonest can." amoral "and" a dangerous fool ". Even a good Republican like Romney receives Krugman's smear treatment.
Similarly, Jonathan Chait, of New York magazine, called Cain "absolute hacking". Chait, like Krugman, does it to all Republicans. In 2003, he wrote an article for The New Republic: "I hate President George W. Bush. There, I said it. "
Cain and Moore, in other words, should not expect fair treatment from the mainstream media. Still, both men have good experience for the Fed seats to which they are likely to be named.
Start with Cain, for the campaign I worked for in the US Senate in 2004, with extensive experience in economics and finance.
From 1995 to 1997, he was President of the Kansas City Federal Reserve Bank, having served as Vice President for two years.
If this is not relevant experience, what is the purpose of the regional banking councils?
As for Stephen Moore, he worked as an economist at the Heritage Foundation Conservative Foundation and the Congress Joint Economic Committee. He has also been an editorialist for the Wall Street Journal and occasionally contributes to these pages.
"Moore is an evangelist in favor of reducing taxes and helped design Donald Trump's tax plan," his former colleagues in the Journal wrote about Moore. "For this, he can never be forgiven in the faculty and by the Beltway Economic Press, imbued with Keynesian dogma as thoroughly as any faculty lounge."
It's exactly that. Critics deceive the fact that their problem with Moore or Cain concerns the qualifications. They should be honest that these are just political disagreements.
In addition to his views on tax offerings, Moore has argued for free market policies, especially free trade, although he often aligns with the president. on tariffs. I do not agree with this new economic direction and it is fair to pursue Moore on his setbacks. It is less accurate, however, to say that he is too inexperienced for the Fed.
As for Cain: I can tell you that the caricature of this man on the left is simply inaccurate. Yes, he invited some caricatures with his tendency to answer "9-9-9!" To each question. But the media joked in a way that they do not, for example Bernie Sanders, who has been calling for "breaking the banks" for years, but is completely empty when asked follow-up questions detailed.
The fact is that the media is distorting and exaggerating everything Republicans do and say. Mitt Romney and his satchels full of women – hoho! Marco Rubio's awkward sip of water – heehee! For an agenda-based media, it's easy to ridicule the right people.
Republicans should not wait for the media to be honest with them, but the nominations of Cain and Moore give the GOP a chance to resist this injustice. They should take it.
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