Paul Krugman: Crazy About Money

In this year of Trump, the land is loud with the wails of political commentators, rending their garments and crying out, “How can this be happening?” But a few brave souls are willing to whisper the awful truth: Many voters support Donald Trump because they actually agree with his ideas. But Ted Cruz, has emerged as the favored candidate of the GOP elite. Cruz has staked out positions on crucial issues that are, not to put too fine a point on it, crazy. How can elite Republicans back him? The answer is the same for Cruz and the elite as it is for Trump and the base: Leading Republicans support Cruz, not despite his policy positions, but because of them. They may not like his style, but they agree with his substance.