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Monday, July 9, 2012

Mitt Romney's Approach is Just Not Working

       The Wall Street Journal really gave it to him last Thursday. Yesterday in a particularly unkind cut, Neocon Bill Kristol declares that Romney "should worry."

         "The Weekly Standard’s Bill Kristol gave a stark warning to the Romney campaign Sunday, saying the presumed Republican presidential nominee will not be able to beat President Barack Obama if voters don't believe he has a clear plan to turn around the economy."

        “President Obama had three disappointing months, but he's holding his own. And if I were in the Romney campaign, that would worry me,” Kristol said on “Fox News Sunday.”

        "Kristol cited numbers from a recent Fox News poll, which showed that just 41 percent of voters think the president has a clear plan for improving the economy."

        “Not great for an incumbent president -- the economy is slow and you’re only at 41-53,” he said. But the numbers were even worse for Romney, Kristol pointed out.

         “Do you think his challenger, Gov. Romney, has a clear plan for improving the economy or not? Yes 27, no 55. I don't think you can beat an incumbent president even if the economy’s slow if 27 percent of the voters think you as the challenger don't have a clear plan for improving the economy,” he said."

           http://www.politico.com/blogs/politico-live/2012/07/bill-kristol-romney-campaign-should-worry-128267.html

          Oh, that's got to hurt! Meanwhile listen to Peter Morici today at CNBC:

           "Unemployment hangs stubbornly above 8 percent. Yet, defying election history, President Obama would handily win a second term if voters went to the polls today."

           http://www.cnbc.com/id/48118477

           Remember the President was killed in the Summer of 2011 when Robert Gibbs suggested that even with unemployment elevated he could still win re-election. This was because of the false inference that this meant he didn't care if unemployment was high though this is not what Gibbs was saying.

          However, now the polls bear this out.

          "Governor Romney has not capitalized on the stagnant economy, because after sewing up the GOP nomination, he failed to move quickly on issues critical to key demographic groups, and act on the challenger’s imperative to offer a better alternative to the President’s policies."

          As Morici suggests Romney gave away the Latino vote in his desire to sow up the Right.

           "To win conservative primary voters, Governor Romney rejected the Dream Act, which enjoyed bi-partisan sponsorship in Congress and would permit young adults brought to America illegally as children to earn citizenship by completing two years of college or military service."

            "After securing the nomination, Mr. Romney failed to define a compromise position more acceptable to Hispanic voters, and permitted President Obama to preempt the issue by suspending deportation of those young adults. President Obama enjoys an overwhelming lead among Hispanic voters."

             Morici also points out that Romney has lost the health care debate as he has nothing beyond repeal of Obamacare-the repeal part of repeal and replace is clear, the replace isn't. Meanwhile you have a number of parts of ACA that are already popular-and the overall opinion on Obamacare is rising with it's SJC victory.

             Morici totally nails the weak Romney pitch on the economy:

             "On the economy, Governor Romney sounds like a broken record, repeating an annoying theme and undermining his appeal. Constantly harping President Obama’s economic policies have failed, he asserts his business experience qualifies him to create millions of new American jobs."
             "Voters recognize President Obama inherited a bigger mess than any president since FDR, managed to stabilize the economy and created more than 3.6 million jobs since the recovery began in October 2009.
             "At Bain Capital, Governor Romney earned his fortune reorganizing troubled companies—often shutting facilities, outsourcing jobs and firing employees."
             "Little in that history indicates he knows much about shaping public policies to encourage new industries, attract private investment, instigate innovation, and generally help U.S. companies compete in global markets and bring jobs to America."

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