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Next up is Michigan, which is unlikely to vote Romney (even though his father was a popular Governor there).  The reason? Romney's New Yourk Times' Op ed piece "Let Detroit Go Bankrupt" is unlikely to play well there even amongst conservative GOP voters. Clint Eastwood's "Half time in America " ad during the Superbowl final couldn't have come at a worse time for Romney. Eastwood, a lifetime Republican voter, didn't explicitly endorse Obama.  But he sure endorsed Obama's message that the Auto bail-out worked.
You know what's funny?

It wasn't a bailout: Obama did walk GM through bankruptcy.

And you know what else is funny? Romney's Op-ed is not all that bad either.

IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won't go overnight, but its demise will be virtually guaranteed.

...

You don't have to look far for industries with unions that went down that road. Companies in the 21st century cannot perpetuate the destructive labor relations of the 20th. This will mean a new direction for the U.A.W., profit sharing or stock grants to all employees and a change in Big Three management culture.

...

In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.

So I really don't understand what the brouhaha is about. It's definitely not about the facts of the GM restructuring, or the actual text of the Romney Op-ed (which, of course, may have nothing to do with what Romney actually believes now or believed then). So it must be about the usual tribal politics, us vs. them, and using whatever rhetorica trick works, whether the facts actually bear it out. All that matters is that the rhetoric strikes a chord with "the voter" (or maybe just with "the pundit" - the voter doesn't matter here).

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Thu Feb 9th, 2012 at 04:22:11 AM EST
How many people have actually read the editorial? Most have just seen the title and reacted accordingly (even though Romney might not even written the title....).
by gk (g k quattro due due sette "at" gmail.com) on Thu Feb 9th, 2012 at 04:26:30 AM EST
[ Parent ]
You know what's funny?

It wasn't a bailout: Obama did walk GM through bankruptcy.

Because bankruptcy doesn't need to mean liquidation.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Thu Feb 9th, 2012 at 04:34:12 AM EST
[ Parent ]
Even further, a newspaper op-ed is not the message: its part of the backing for the message. You can be as reasonable as you like in the op-ed ~ and indeed it makes sense, since the less there is to attack in the text of the op-ed, the less attacks on the op-ad can be used to distract from you messaging ~ but if your message in made-for-TV sound bites is that its a mistake for the government to intervene, then your actual message is that the government intervention that did take place should not have taken place.

And that was Romney's actual messaging: that the government intervention should not have taken place.

The reason that the "Let Detroit Go Bankrupt" headline resonates is that Romney made quite clear that he was joining the chorus of voices opposing the government intervention.

After all, effectively supporting Obama's action would have been political suicide: he's running in a Republican Primary, for pete's sake.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Feb 10th, 2012 at 11:53:18 AM EST
[ Parent ]
The point is that since Reagan, Republicans cannot concede ideologically that the state can be a beneficial actor in economic/industrial/health policy whereas Obama/Democrats have been arguing (ineffectively against a hostile congress to date) that increased regulation/intervention is required for the economy to perform better. In practice, Romney's "solution" might not have been all that different, but just like with Romneycare, he has to emphasize the difference with Obama to appease the Republican base. At the moment he is failing to convince the wingnuts and losing ground with independents all at the same time. Practicality be damned, its all about perceptions and appearing to be on the right side of wedge issues - "freedom" vs. state intervention, regulation, state funded abortion, contraception, and state approved gay marriage etc.

It is conveniently forgotten (by both sides) that Bush approved the first bail-out and that it was Cheny who said "deficits don't matter". Its all about purity on increasingly ridiculous wedge issues that defines candidates, as the rise of Santorum makes clear.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Thu Feb 9th, 2012 at 07:18:49 AM EST
[ Parent ]
Almost makes us nostalgic for the policies, at least, of this guy. That just shows how effectively the backers of libertarian messaging have been in selling their ideological agenda over the last forty years. Imagine trying to get the Republican nomination with that sort of baggage.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Feb 11th, 2012 at 10:27:22 AM EST
[ Parent ]
Nixon was a conservative when Liberalism was the dominant narrative. Conservatism/libertarianism has been dominant since Reagan. To be a conservative now (relative to the current conservative dominant narrative) you have to be a serious whack job. In the case of Santorum you have top go back to prior to some time before the New Deal.

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Sat Feb 11th, 2012 at 01:22:46 PM EST
[ Parent ]

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