OK, Donald Trump is beginning to sound more presidential as he sticks to the pillory Hillary script. But I’m not sure of his new campaign leadership duo of Steve Bannon and Kellyanne Conway. Today on Fox News Sunday Ms Conway was given an opportunity to showcase The New Donald while interviewed by Fox’s stealth liberal Chris Wallace. Wallace was asked Conway a couple of loaded questions on Trump’s economic policy which Conway handled in due course, and then Wallace delivered the ‘clincher’ pointing out that there were “experts on the economy” who had given Trump’s policies a thumbs down – what did she have to say about that? Conway was flustered, resorted to high blabberwocky on a side topic, and came out with egg on her face.
According to Rebane Doctrine the correct answer to the Wallaces of the world on citing expert economists should have been, ‘Look Chris, it’s yesterday’s news that the Federal Reserve, the Congressional Budget Office, the Office of Management and Budget, and the long list of academic institutions specializing in economics have a dismal record in correctly analyzing economic policies let alone predicting the performance of real economies. The best they have ever been able to do is debate what they see in the rear view mirror, and even there they cannot agree. Let’s face it, there are no ‘experts’ in economics, so quoting what some odd group of economists thinks is a gratuitous exercise at best that people cobble together to support some agenda or other. What’s your next question?’