RepubliKeynesian Ben Stein Froths At The Mouth About Trump

Debt,Donald Trump,Economy,Federal Reserve Bank,libertarianism

            
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“Frightening, idiotic, nonsensical, insane, breathtakingly horrible, flabbergasting, makes me want to cry”: Does this spleen, vented by Ben Stein, resemble an “argument”? It was the sum total of Stein’s “case” against Donald Trump’s recent pronouncements about a foreseeable recession.

As an “expert” who despises Mr. Trump, Stein—an actor, comedian, lawyer and self-styled economist—holds sway with the liberal, malfunctioning media. Our establishment “RepubliKeynesian” appeared on the anti-Trump channel, CNN, to huff and puff about Mr. Trump’s alleged far-fetched doom-and-gloom about a troubled economy. If I recall, this expert was clueless about the previous bubble, not that errors prevent the pundit class from returning for encores.

“We’re not in a bubble, unemployment is not high, Trump needs to consult a real economist [take me, me, screams Stein silently] were some of Stein’s assertions to the smirking, vacuous looker, Pamela Brown. Naturally, Brown provided no counter perspective.

Suffice it to say that Trump’s warnings about the effects of the enormous national debt, the still bigger burden of unfunded liabilities owed, as well as his assessment of the real unemployment numbers would certainly comport with more distortions in the economy and more bubbles.

Oh, and Trump supporters are all idiots for not sympathizing with Stein’s outrage.

Anyhow, not one argument was advanced by Stein for his case against Mr. Trump, only ad hominem. Had the smirker in the anchor’s chair called in an economist, say, of the Austrian persuasion—or even Paul Craig Roberts, United States assistant secretary of the treasury for economic policy under President Reagan, in 1981—she would have heard a perspective more in agreement with Trump than with RepubliKeynesian Ben Stein.