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Stephen Moore

Stephen Moore

Stephen Moore is an economic consultant with Freedom Works. He received a bachelor of arts degree from University of Illinois at Urbana-Champaign and holds a master of arts degree in economics from George Mason University.

Columns by Stephen Moore

A screen above a trading post on the floor of the New York Stock Exchange displays the closing number for the Dow Jones industrial average, Friday, Feb. 6, 2026, as it closed above the 50,000 level for the first time. (AP Photo/Richard Drew)

Dow topping 50,000 a supply-side miracle

When I first arrived in Washington in 1982, the Dow Jones hit a low of 800. You may not believe that, so feel free to look it up.Published February 11, 2026

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Fixing the Federal Reserve Board with a new chairman illustration by Alexander Hunter/The Washington Times

Trump’s Fed pick Kevin Warsh means strong dollar, fewer bureaucrats, lower inflation

President Trump hit the bull's-eye in selecting Kevin Warsh as the next Federal Reserve Board chairman.Published February 3, 2026

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Blind Justice Illustration by Greg Groesch/The Washington Times

Mr. President, please free Caleb Bailey

You've probably never heard of Caleb Bailey, but he is a political prisoner who has been locked behind bars for almost 10 years with five more years on his sentence.Published January 27, 2026

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Housing affordability in the United States of America illustration by Alexander Hunter/The Washington Times

Punishing institutional real estate investors will worsen the housing affordability crisis

Americans today are justifiably angry about the price of rents and mortgages. Home prices have roughly tripled over the past 25 years and the median home price is now $415,000.Published January 19, 2026

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Congress helping auto repair shops illustration by Alexander Hunter/The Washington Times

Congress can help auto repair shops keep America running

The REPAIR Act restores balance by ensuring that independent repair shops and aftermarket parts manufacturers have access to the critical data needed to perform their jobs.Published October 6, 2025

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Artificial intelligence (AI) and Congress illustration by Alexander Hunter/The Washington Times

For America to win the AI race, keep government’s hands off

At the birth of the internet age in the early 1990s, the U.S. and Europe took opposite approaches to advancing the economy-changing technology.Published June 26, 2025

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Remittance tax illustration by Linas Garsys / The Washington Times

Congress should just say no to a remittance tax

The House-passed Big Beautiful tax bill is a tremendous achievement and a giant spark plug for growth.Published June 17, 2025

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Phillip Swagel, director of the Congressional Budget Office, testifies during a House Committee hearing Feb. 14, 2024, on Capitol Hill, in Washington. The CBO said Tuesday, June 18, that it projects a federal budget deficit increase of $400 billion or 27% this year, from its last budget outlook released in February.(AP Photo/Mariam Zuhaib, File)

Why the Congressional Budget Office almost always gets it wrong

These days, it seems that a mysterious group called "the CBO" rules the world. Or at least Washington.Published June 10, 2025

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Declaring war on coal illustration by Linas Garsys / The Washington Times

Trump’s own regulators declare war on coal and its investors

In one of the most convoluted lawsuits of all time, a cabal of state attorneys general and the Federal Trade Commission is accusing financial firms BlackRock, State Street and Vanguard of monopolistic behavior.Published June 4, 2025

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Student loan debt forgiveness illustration by Linas Garsys / The Washington Times

Biden forgives student loans and, behold, defaults skyrocket

Here's an economics lesson that belongs in the textbooks.Published May 20, 2025

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Corporate Tax Reform Illustration by Greg Groesch/The Washington Times

Cut taxes on made-in-America products

The late Sen. Warren Magnuson of Washington state, who served more than 30 years in Congress, was the inventor of the phrase "a fair advantage."Published May 12, 2025

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EB-5 investor program and Trump's immigrant Gold Card illustration by Alexander Hunter/The Washington Times

EB-5 investor program and Gold Card: America’s economic secret weapons

California's largest master-planned community, McClellan Park, is situated on the outskirts of Sacramento.Published May 5, 2025

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FILE - The Federal Trade Commission building is seen in Washington on Dec. 8, 2024. (AP Photo/Jose Luis Magana, File)

Trump’s FTC is putting American companies last

President Trump has reached his first 100 days in office, and the White House is rightly touting potentially hundreds of billions of dollars in deregulation initiatives in energy, education and housing.Published April 30, 2025

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This April 21, 2018, file photo shows the Fannie Mae headquarters building in Washington. (AP Photo/J. David Ake, File)

Sorry Fannie Mae: We won’t be fooled again

Does anyone remember back in 2008 when the housing market collapsed and the stock market crashed, with many tens of millions of Americans seeing their lifetime savings nearly wiped out?Published April 21, 2025

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Taxes on private equity and venture capital industries illustration by Linas Garsys / The Washington Times

Washington’s latest tax assault on private equity and venture capital industries

What is it about politicians in Washington that they can't stand progress or the thought of anyone getting rich?Published April 15, 2025

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Tariffs and tax cuts illustration by Linas Garsys / The Washington Times

Big tax cuts should offset any tariff increases

President Trump has predicted that his tariffs could raise as much as $6 trillion in federal tax collections over the next decade.Published April 10, 2025

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Department of Government Efficiency (DOGE) cracking the federal government's spending illustration by Alexander Hunter/The Washington Times

Why Democrats hate DOGE

If you haven't watched the Bret Baier interviews on Fox News with Elon Musk and the other executives who have given their time and expertise to exposing rampant fraud, I urge you to do so.Published April 6, 2025

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Illustration on attacks on small business by Linas Garsys/The Washington Times

Trump should end the Biden era war on small business partnerships

President Trump has promised to create millions of new high-paying jobs. One easy first step is to repeal Biden regulations on America's 4 million business partnerships, which are prolific job creators.Published March 26, 2025

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Fake "copycat" pharmaceutical drugs illustration by Linas Garsys / The Washington Times

The FDA can save lives by keeping copycat drugs off the market

The United States has led the world in pharmaceutical innovation for decades by developing drugs that combat cancer, heart disease, AIDS, diabetes and other killer diseases.Published March 18, 2025

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Taxing university endowments illustration by Linas Garsys / The Washington Times

Want to soak the rich? Tax university endowments

Republicans are searching for ways to "pay for" their tax cuts. Democrats want the rich to pay more taxes. Here is a solution that should make everyone happy.Published March 11, 2025

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