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I do not disagree that such a practice can be dishonest. And when it is done, one must look closely at it. But in the case of Schmidt, I do believe he makes a very thorough and reasonable case that the party of Reagan is not the party of Trump and Reagan would not recognize it today.
You talk about opinion evolving over time. Why then has George Wills not evolved to accept Trump? Why hasn't the recently departed Charles Krauthammer not evolved to do the same? What about Nicole Wallace? What about Joe Scarborough? Lots and lots of Reagan era and Bush era people simply have not evolved to accept Trump.
Trump is a temporary phenomenon. Once he goes, the GOP will drift back to where it was before which, unfortunately, is as simply another bulwark for the establishment. It is that part of the GOP that old time conservatives like Goldwater and Reagan would reject.