The Return of William McKinley’s Republican Party
In 1999, Stephen Moore co-founded the Club for Growth, a conservative, pro-business advocacy organization known for its ardent opposition to taxes and regulation. Having worked for the Heritage Foundation, the Reagan Administration, and Representative Dick Armey (R–TX), Moore was almost the epitome of a hardline conservative economist. So it was quite arresting when he threw in his lot with Donald Trump during the 2016 election, and then, after Trump’s victory, instructed a group of Republican lawmakers on the new dispensation: “Just as Reagan converted the GOP into a conservative party, Trump has converted the GOP into a populist working-class party.” For pulling off this repositioning, Mr. Moore has now won himself a nomination to the Board of Governors of the Federal Reserve System.
Read more at The American Interest.
