I've taken some grief here from Freepers when I suggest Moore is not a good choice for the Federal Reserve board, but this sort of thing illustrates his flaw perfectly. He's a political advisor first and foremost, which means he has published a number of things over the years that were done for the purpose of political advocacy but do not stand up to factual scrutiny.
I think he's a smart guy but some of the things he's written really rub me the wrong way.
Stephen Moore and John Tamny, who writes a lot at Real Clear and appears on cable, are lackeys of the Chamber of Commerce.