“But for those who still believe the candidates’ approach to the nation’s economy should matter, Trump’s comments were more than a little alarming. At least yesterday―who knows what his beliefs might be today―the Republican presidential candidate accused the Fed without proof of being politically manipulated by the White House, while simultaneously endorsing higher interest rates, which would slow the economy, despite having said the exact opposite four months ago.”
“Yes, a majority of Americans said they were against such measures, but let’s not brush past the obvious point: a third of the country is an alarming number of people.”
The problem with making a point like Steve Benen’s is not that it is somehow wrong or grotesquely exaggerated. Rather, the problem is that such straightforward, dramatic statements find themselves anywhere near the realm of American reality.