The Decline and Fall of Our So-Called Degreed Experts

The first six months of the Trump administration have not been kind to the experts and the degree-holding classes. - Victor Davis Hanson

Almost daily during the tariff hysterias of March, we were told by university economists and most of the PhDs employed in investment and finance that the U.S. was headed toward a downward, if not recessionary, spiral...
So, the result of Trump's foolhardy tariff talk would be an impending recession. 

America would soon suffer rising joblessness, inflation--or rather a return to stagflation--and likely little, if any, increase in tariff revenue as trade volume declined.Rebecca Downs

• Instead, recent data show increases in tariff revenue. 
• Personal real income and savings were up. 
• Job creation exceeded prognoses'. 
• There was no surge in inflation. 
• The supposedly "crashed" stock market reached historic highs...

Common-sense Americans might not have been surprised...

• Economists and bureaucrats were equally wrong on the border...
• Many of our national security experts warned that taking out Iran's nuclear sites was a fool's errand...
• Why were our "scientific" pollsters so wrong in the last three presidential elections, and so at odds with the clearly discernible electoral shifts in the general electorate?...