“James Pethokoukis, who used to work at IBD and whose writing seems to lean pretty much to the economic right, has a consistent critique of the GOP primary so far,” writes eye of eyeon08.com in a post titled It’s the economy stupid. Redux.

His most recent post is entitled, “GOP Debate Strangely Ignores Financial Turmoil.” To be clear, he’s talking about things like the near-doubling of the unemployment rate of the South Florida economy in the last 9 months. Read him. He knows what he is talking about. He has also argued repeatedly that 2008 could be a 1992 redux. Don’t believe him?

eye provides sobering bullet points that include US loan default data, evidence that Americans are cashing in their 401(k)s etc., etc.

“Guys,” eye continues, “The economy is going to be a serious issue. Hillary Clinton is, essentially, taking Iraq off the table as a general election issue. She is going to run on health care and the economy. And the field is being set. And the economy is tanking in important swing states.”

“And we are silent.”

Well, OK., guilty, at least for the most part. But we have addressed this issue, at least obliquely. We have harped on the string of the world economy tanking—the world economy pioneering new ways to tank—all around us as way to reflect upon Romney’s non-leadership. We write about this here:

It is grimly ironic that the one candidate with anything to say on this issue is—sigh—Willard Milton Romney.

This—and it pains us to admit this—is where Romney has a genuine contribution to make to the dialogue, the dialogue that has yet to take place.

We thank G-d with out-stretched arms that Romney’s incompetence, Romney’s lack of vision, Romney’s lack of depth, Romney’s lack of purpose, resolve, clarity, or direction, Romney’s lack of imagination, the ineptness and constant bungling of Romney’s lack-wit staff, the disorder, ineffectiveness, and the baffling primitiveness of Romney’s organization, Romney’s stubborn refusal to abandon his naive and unreconstructed faux conservatism, Romney’s difficult relationship with the truth, Romney’s ideological cross-dressing, Romney’s tactical excesses combined with a complete lack of strategic foresight, Romney’s distant and remote personality, Romney’s questionable character and sense-of-self, Romney’s thuggish and apolitical instincts, Romney’s associations with people like Terry Sullivan, Cofer Black, and General James “I will stab you in the thigh” Marks, and Romney’s frequent gaffs, pratfalls, missteps, miscues, and miscarriages of otherwise sound ideas, are such as to prevent the hapless, hopeless, and helpless candidate from ever-ever-ever capitalizing on this, his one true strength, his one true claim that he has to command our attention or even—oh G-d, we hate to write this—our respect.

 Sigh.

yours &c.
dr. g.d.

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    […] The word financial system is in crisis. Romney, the equity sector candidate, has nothing to say about it. Romney utterly silent on world financial crisis—we, for one, are grateful for this oversight […]




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