Stephen Moore

The first iron rule of American politics is Follow the Money. This explains, oh, about 80 percent of what goes on in Washington.

Increases in output generally lead to lower prices, not higher prices.

Social Security is the greatest swindle of the poor ever.

Whereas Jimmy Carter had aggressively pursued anti-merger activity - the imbecilic case against AT&T was prosecuted under President Carter - Mr. Reagan understood the virtue of allowing companies to exploit the synergies of mergers to gain efficiency and lower costs.

It turns out the businessman knows more about how the economy really works than the chattering class. What a shock.

Mr. Trump's fiscal policies have produced more growth than Mr. Obama's because they were designed to incentivize businesses to invest, hire, and produce more here at home. The Obama 'stimulus,' by contrast, went for food stamps, unemployment benefits, ObamaCare subsidies, 'cash for clunkers' and failed green energy handouts.