America Wouldn’t Be in a Recession Now If We’d Stuck With Trump: Stephen Moore

Stephen Moore, former economic adviser to the Trump White House, told Newsmax in a recent interview that he’s convinced that if former President Donald Trump had been reelected for a second term, America’s economy would not now be in what he described as a “mild recession.”

In the interview that aired on Aug. 25, Moore was asked to comment on the revised gross domestic product (GDP) numbers released earlier in the day, which confirmed that the U.S. economy contracted in the second quarter.

While the number was revised slightly upward to minus 0.6 percent from a prior estimate of minus 0.9 percent, the government data showed that America’s economy experienced negative growth for two consecutive quarters, the common rule-of-thumb definition for a recession.

Even though the two-quarter rule is not the official definition of a recession in the world’s biggest economy, numerous economists—including Moore—have insisted that the United States has, in fact, fallen into a recessionary downturn.

“We are in a mild recession right now, no question about that,” Moore told the outlet.

Stephen Moore in an interview with NTD’s “Fresh Look America” that aired on July 4, 2022. (NTD/Screenshot via The Epoch Times) ‘Getting Worse, Not Better’

What’s more concerning, however, is where the economy is headed, he added, pointing to deteriorating economic data in housing, manufacturing, consumer spending, and business confidence.

“I would have to say that things are getting worse, not better,” Moore said, arguing that if Trump had won reelection and his policies were guiding U.S. economic policy, the picture would be reversed.

“I believe that if we had just stuck with the Trump policies, the U.S. economy would be booming right now,” Moore told the outlet.

“There’s no reason why the U.S. economy isn’t in an incredible skyrocketing fashion, except for the fact that Biden

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