Following our recent blog symposium on Mitt Romney’s shortcomings as an effective defender of market economics, this clip from his appearance yesterday on the Today Show is worth watching:
The problem with Romney’s “envy” approach is that it’s a mirror image of precisely the kind of class warfare he’s (rightly) accusing President Obama of. It’s just not going to hold water in a time of economic distress for any Republican — let alone a fantastically wealthy ex-businessman — to attempt to swat away his opponents by claiming they resent his wealth and that of those similarly situated. Romney should instead be making the case for broad-based prosperity — the sort of democratic capitalism Ashton advocated yesterday. Attacking the motives of his opponents instead of rebutting their assertions makes him seem both aloof and unprepared for the debate to come.