President Trump's top economics adviser is Kevin Hassett, a guy who has made some very bad calls—most notably, his assertion that the Bush tax cuts would make the U.S. economy recession-proof. New Yorker writer Adam Davidson takes us to economics school and parses some of Hassett's years old gobbledygook. In the Spiel, holding Bill Clinton's accusers to today's standards.

Learn more about your ad choices. Visit podcastchoices.com/adchoices