2012/04/25

Primary season truly begins

With convincing victories in several large states, Mitt Romney is now firmly cemented as the Republican nominee for President (With the sad exception of Newt Gingrich and no one ever expected Ron Paul to win anyway). Romney's speech on victory night was very good in some respects.


Everywhere I go, Americans are tired of being tired, and many of those who are fortunate enough to have a job are working harder for less. For every single mom who feels heartbroken when she has to explain to her kids that she needs to take a second job … for grandparents who can’t afford the gas to visit their grandchildren … for the mom and dad who never thought they’d be on food stamps … for the small business owner desperately cutting back just to keep the doors open one more month – ...

My question is, of course, how did this sad state of affairs come about? As CEPRs "Scorecard on Development" series shows, these are hardly problems that suddenly began on January 21st, 2009. They are problems that the Republican Party has been actively collaborating in creating for the past 30+ years. Europe has been trying to do things according to Republican blueprints for the past several years and now appears to be undergoing a real change of heart.

The public generally doesn’t know what the technical economic solutions are, and the media keeps telling them, falsely, there are no good alternatives, because the deficit hysterics still control a conversation disconnected from the reality staring them in the face.  But voters now know their elites don’t have a clue and don’t seem to care that the elite solutions fashioned mostly for banks and bond holders are worsening the human suffering without solving any underlying economic problems.

Does the Romney speech contain any ideas for how we solve our economic problems? I certainly didn't hear any new or potentially workable or even interesting ideas and actually, solutions are precisely where Romney's speech really falls short.

Then we get into Romney’s vision….
Romney never makes the turn to how he would achieve this America. Believing in it is apparently enough. The end result isn’t so much a preview of how Romney would govern the country as a game of “I Spy: America the Beautiful” edition.
At least back in 2010, President Obama realized that the solution to an insufficiently stimulated economy was more stimulus and tried to get some through a Congress where the Republican Party could significantly obstruct and delay Democratic programs.

The Democrats have a better way, the Republicans just want more of the same disastrously failed policies that got us into this mess to begin with.

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