Saturday, January 14, 2012

"A smart guy who is also a moral coward"

Guess who?  

Paul Krugman on Willard:
I was fairly startled by Mitt Romney’s new defense of his work at Bain: it was just like the auto bailout!
“In the general election, I’ll be pointing out that the president took the reins of General Motors and Chrysler, closed factories, closed dealerships, laid off thousands and thousands of workers. He did it to try to save the business,” Romney said on “CBS This Morning.” “We … had, on occasion, to do things that are tough to try to save a business.”
The first thought is, didn’t Romney write an op-ed titled Let Detroit Go Bankrupt? Yes, he did. But the title was misleading. What he actually called for was a “managed bankruptcy”, with government support — not too different from what actually happened.

So can Romney claim that he was for this successful policy all along? No, he can’t — because when the actual policy was proposed, he trashed it:
What is proposed is even worse than bankruptcy–it would make GM the living dead.
So what the story of Romney and the auto bailout actually shows is something we already knew from health care: he’s a smart guy who is also a moral coward. His original proposal for the auto industry, like his health reform, bore considerable resemblance to what Obama actually did. But when the deed took place, Romney — rather than having the courage to say that the president was actually doing something reasonable — joined the rest of his party in whining and denouncing the plan.

And now he wants to claim credit for the very policy he trashed when it hung in the balance.

1 comment:

  1. All things being equal, Obama should lose, but the GOP field is so weak and self-defeating, I really feel he will mop the floor with Romney. When Gingrich and Santorum are done trashing Romney to the GOP base, who he will need to get out the vote, and Romney is done alienating himself from centrists, who almost down the line agree with the President's center-right policies, Romney won't have a chance. The biggest irony is that if he were allowed to run on what Krugman points out are probably his actual beliefs, Romeny would do much better.