Monday, August 27, 2012

What Matters to Romney?

I can’t figure out what matters to Mitt Romney - what is the thing he has been consistent on from day one - starting back in his campaign for Senate against Ted Kennedy. Something he won't move to the right on to please the base. But I can't find anything. Everything seems open to him to move far right. There is nothing moderate or even sensible - not even on business and the economy.

What finally made me realize this was his is arguing against active monetary policy and allowing gold standard talk in the GOP platform.This seems to be against the advice of his economic advisers. And as a businessman, it must be against his own good judgement. If it isn't, then his business acumen is far, far less impressive than we allow. Going back to the gold standard would be a disaster and wouldn't even lead to stable money. And a less active monetary policy would have made the recession worse and goes against Milton Friedman's teachings. 

I would understand if he was a strong business leader and was willing to cede to the right all social policies. But this isn’t the case. He is espousing far right policies in every arena. And the least sensible ideas are the in the area he knows the most about (or should) and therefore are the ones you would most expect him to understand and reject.

I just don't get it. The only explanation is that Romney just wants to be President for purely ambitious reasons and doesn't care about policy at all. 

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