Comment

Romney's New Video Pulled From YouTube for Copyright Violation

40
jaunte7/16/2012 7:28:55 pm PDT

David Frum:

Mitt Romney’s painfully bad week

Romney’s core problem is this: He heads a party that must win two-thirds of the white working-class vote in presidential elections to compensate for its weakness in almost every demographic category. The white working class is the most pessimistic and alienated group in the electorate, and it especially fears and dislikes the kind of financial methods that gained Romney his fortune.

Romney has a strong potential defense: Bain was in the business of making companies more efficient and profitable. Downsizing and outsourcing were necessary — and often indispensable — means to that end. In a growing economy, the workers who lost their jobs should find new jobs elsewhere, and it’s precisely the relentless search for profitability that causes economies to grow in the first place.

That’s an argument that, to borrow an old joke of Henry Kissinger’s, is not only convincing but has the additional merit of being true. However, it’s not an argument that appeals much to the voters Romney most intensely needs to win.