Economic Adviser Concern about Massive Government Spending

While we are enjoying a “rocketing stock market,” one that “seems to defy gravity,” economist Stephen Moore says, ultimately the U.S. will “have to pay the piper” on massive government spending initiatives.

“I’m enjoying this rocketing stock market,” Moore told Sunday’s “The Cats Roundtable” on WABC 770 AM-N.Y. “It seems to defy gravity these days.”

Moore, a former Trump campaign economic adviser, noted while President Joe Biden “is certainly not preventing this rocketing stock market,” the table was set by former President Donald Trump and the long-anticipated revival from the global coronavirus pandemic…..

 

(Excerpts from Newsmax)