Rachel Maddow Rips Trump After "Stunning" And "Profound Rejection" From Reputable Economists

Rachel Maddow Rips Trump After "Stunning" And "Profound Rejection" From Reputable Economists

Blog ››› ››› ALEX MORASH

MSNBC host Rachel Maddow ridiculed Republican presidential nominee Donald Trump after a Wall Street Journal survey found not a single former member of the White House Council of Economic Advisers (CEA) would support his presidency.

Maddow opened the August 25 edition of her program by blasting Trump over a Wall Street Journal survey that revealed that no former CEA members would state support for the GOP nominee. Maddow reported that while this “very diverse group” of 45 economists had served eight different presidents -- including five Republicans -- “the one thing they all have in common is that not a single one of them supports Donald Trump for president.”

According to the Journal, no Democratic or Republican advisers expressed support for Trump. Two former Republican advisers (Matthew Slaughter and Richard Schmalensee) crossed party lines to offer support for Democratic nominee Hillary Clinton. And two GOP advisers (former Reagan appointees William Poole and Jerry Jordan) even stated their support for Libertarian candidate Gary Johnson over their own party’s nominee. Maddow called the survey result “stunning,” and compared the economists’ “profound rejection” of Trump to being passed over at a dance. Maddow noted that it was like asking someone to dance, “and everybody in the world decides they will never dance again because of you” (emphasis added):

RACHEL MADDOW (HOST): It's one thing to have, you know, some dissident Republicans rejecting a party's presidential nominee. It happens here and there. It happens, to a greater or lesser extent, with almost every nominee from both major parties every election cycle. There's always a dissenter here or there, but when it's everyone alive who has ever worked for any American president as an economic adviser including the last five Republican presidents, and they all reject you. That’s not like, you ask somebody to dance and they say, “no I don't want to dance with you.” That's like, you ask someone to dance and everybody in the world decides they will never dance again because of you. I mean, this is just -- this is profound rejection. I find that just stunning.

During the segment, Maddow also highlighted a bitingly critical indictment of Trump that Harvard economist Martin Feldstein, a former CEA chairman under President Reagan, told to The Wall Street Journal:

“I have known personally every Republican president since Richard Nixon. They all showed a real understanding of economics and international affairs. The same was true of Mitt Romney. Donald Trump does not have that understanding and does not seem to be concerned about it. That alone disqualifies him in my judgement.”

The revelations from the Journal’s survey were also a topic of conversation on the August 26 edition of CNN’s New Day, during which Trump booster Steve Forbes dismissed the revelation and pivoted to highlight the supposed strength of Trump's advisers: Stephen Moore and Larry Kudlow. Moore and Kudlow have been dogged for making inaccurate statements and failed predictions over the years. Moore was accused of having “a troubled relationship with facts” by Nobel Prize-winning economist Paul Krugman, who went on to say that Moore may be maintaining a career in conservative economics only because “incompetence is actually desirable at some level” in those circles. Meanwhile, Kudlow recently lectured single parents that they are partly to blame for poverty even though he admitted to having "virtually no knowledge in this field.”

The Journal's failure to find a single Democratic or Republican supporter of Trump among 45 former presidential economic advisers follows an August 22 report from the paper that hundreds of business economists overwhelmingly prefer Clinton as the best candidate on the economy. Clinton received the support of 55 percent of 414 economists surveyed by the National Association of Business Economics (NABE). Trump drew votes from just 14 percent of NABE members, once again registering less support on the economy than Gary Johnson, who garned 15 percent.

The almost complete lack of support for Trump on the economy comes despite months of the GOP nominee being the dominant force in cable news discussions of the economy -- thanks in part to appearing on Fox News’ Hannity 24 times during the first six months of 2016.

Posted In
Economy, Elections
Network/Outlet
MSNBC, Wall Street Journal, CNN
Person
Rachel Maddow, Donald Trump, Stephen Moore, Steve Forbes, Larry Kudlow
Show/Publication
The Rachel Maddow Show, New Day
Stories/Interests
2016 Elections
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