American Greatness
Julie Kelly
July 29, 2018
Ever since President Trump launched a so-called trade war back in January, the expert political class has been in a tizzy.
Economists warned that U.S.-imposed tariffs aimed at Canada, China, and the European Union would devastate the economy and destroy millions of jobs. Politicians on the Left and the Right condemned the president; some congressional Republicans are threatening to limit the president’s future authority on trade policy. Pundits claimed (hoped?) the measures would most hurt Trump supporters in red states.
But Trump’s latest sucker punch to the expert political class follows a familiar pattern that Our Betters still haven’t figured out. They are the unwitting sparring partners in the president’s entertaining rope-a-dope. Trump makes a hasty, impetuous comment or policy announcement and various experts howl that it will fail and commiserate about the president’s stupidity. Pundits warn it will yield harsh political consequences. The public catches on to a problem it didn’t know existed. The president’s foes capitulate; public views it as a win. Expert political class loses again. (See “Trump will never get 3 percent economic growth†predictions as the most recent example.)
More...
https://amgreatness.com/2018/07/29/a-tentative-trade-war-win/
