Author Topic: ‘I’m Willing To Admit I Was Wrong’: Steve Moore Says Trump’s Supply-Side Strategy Works  (Read 161 times)

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Offline mystery-ak

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‘I’m Willing To Admit I Was Wrong’: Steve Moore Says Trump’s Supply-Side Strategy Works

Mariane Angela
News Reporter
June 11, 2025 7:39 PM ET

Economist Steve Moore said on Newsmax Wednesday that he underestimated certain economic indicators under the Trump administration.

Inflation increased less than expected in May, with the Consumer Price Index increasing by 0.1% from April and 2.4% year-over-year, according to the Bureau of Labor Statistics. Reflecting on his past predictions, Moore said on “Carl Higbie Frontline” that inflation numbers had surprised him in recent months.

“I’ve got to confess, I’ve been wrong on the inflation numbers over the last three or four months as well. But at least I’m willing to admit I was wrong,” Moore said.

Moore, who previously expressed skepticism over President Donald Trump’s economic approach, said the economy was performing far better than expected.

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https://dailycaller.com/2025/06/11/steve-moore-inflation-trump-strategy/
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Offline DefiantMassRINO

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Supply-side economics counters inflationary pressures by encouraging more suppliers to enter the markets to meet demand, driving down prices.

Recessions aren't the only way to fight inflation.
« Last Edit: June 12, 2025, 10:11:22 am by DefiantMassRINO »
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