Cruz just had a very interesting hour-long interview on CNBC this morning with Joe Kernen, Becky Quick and Andrew Ross Sorkin on the Squawkbox financial program. The CNBC gang hit Cruz with everything from Japanese and German basis points, to negative global interest rates, to bank bailout policies, tax reform, economic effects of climate change proposals, opposition to various kinds of VAT taxing, instability of commodity prices, Fed monetary policy, etc.
Reagan administration economist Arthur Laffer, one of the architects of Cruz’s tax plan, weighs in for an extra helping of tax and quantitative easing wonkishness.
Cruz just absolutely kills this interview, and spends the entire hour talking off the cuff about numbers and financial and monetary policy, and the exact devices to get the economy to rebound. This is a much more in-depth discussion than the stump speech snippets we’ve all heard many times.
No one who sits through this 46 minute video will be able to walk away with any opinion but that Ted Cruz is the only competent, qualified adult running for President today from either party.