The point is that I know technocrats, and these people aren’t — they’re faith healers who are making stuff up to suit their prejudices.
You can say something similar, although a bit less pointed, about the Obama administration. The line from people there, including the president, has been that it was too technocratic. But the real technocrats — people like Christy Romer and, well, me — were saying right from the beginning that the stimulus was too small, etc.; people like Geithner who opposed stronger action were basing their position on gut feelings about confidence, not number-crunching.