Fox Vox Redux
The enormous mistake Mitt can never admit
On the subject of the federal government’s bailout of Chrysler and General Motors, it has become essentially impossible for Mitt Romney to say anything coherent.
Romney’s problem, of course, is that he positioned himself as the face of bailout opposition, arguing in a November 18, 2008 New York Times Op-Ed that “if General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye.” But with the passage of time, that position has become more and more laughable — especially on a day like Thursday, when GM announced record profits ($7.6 billion) for 2011, which will result in nearly 50,000 hourly workers receiving profit-sharing checks of $7,000.
By any reasonable standard, the federal government’s auto industry bailout has been a smashing success, but to admit this Romney would be admitting that he was wrong in a big way. And not just on any issue. After all, Romney grew up in Michigan as the son of the president of American Motors, and he presents himself to voters as a turnaround specialist whose unique insight into the world of business and industry will translate into a booming economy if he’s elected president. But now it looks like Barack Obama (and George W. Bush, for that matter) knew better than him.
Typical of all Republicans, Romney can never admit he was wrong.
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