The Great Debate

Why doesn’t Mitt Romney contribute to his own campaign?

By Michael Waldman
September 25, 2012

Lately, Mitt Romney has been so consumed with fundraising that his aides have had to defend his absence from the stump. Like his foe, the Republican nominee is in the midst of a frenzied financial arms race. But one hugely wealthy individual has not yet been persuaded to part with much cash to support the Republican cause: Mitt Romney himself.

Romney’s campaign into oblivion

By Harold Evans
September 24, 2012

Willard Mitt Romney was born with a silver foot in his mouth.

It is possible to forgive it as a congenital trait. After all, his Dad, the genial George Romney, successful head of the American Motor Corp and governor of Michigan (1963-69), lost his bid for the Republican nomination for the presidency in 1968 by setting a world record for the mass manufacture of gaffes. He had such a penchant for saying one thing and then retracting it, the reporter Jack Germond announced he was fixing his keyboard so that one keystroke produced “Romney later explained…” It was charming for a time to hear what George had said lately, but when he came back from a look at the Vietnam War, he announced he’d had “the greatest brainwashing anyone could get.” His rival Eugene McCarthy cracked that a light rinse would have been enough to relieve George’s neurological condition, but this time George had gone a gaffe too far. Some American prisoners released by the Chinese had renounced their U.S. citizenship, saying they’d been brainwashed, and primary voters had no enthusiasm for electing a president who might turn out to have been the Manchurian candidate. So we got Nixon and Agnew instead. Thanks, George.

It’s time for the candidates to offer a strong education strategy

By Joel Klein and Margaret Spellings
September 13, 2012

In the late 1960s, a Stanford University psychologist began conducting his now famous “marshmallow test” to understand “delayed gratification” – the ability to wait.

The ‘Yes We Can’ orphans: Obama’s missing constituency

By Clifford Young and Julia Clark
September 6, 2012

By all accounts, the 2012 presidential election will be a squeaker – probably no more than a point or two in the popular vote will separate the candidates. Such close elections put a special premium on getting one’s base out to vote and targeting the small, yet important, group of “undecided voters”.

Paul Ryan: a VP with a mandate

By Tom McDonnell
August 14, 2012

The New Yorker’s Ryan Lizza rightly called Mitt Romney’s bold selection of Representative Paul Ryan (R-Wisconsin) as his running mate, “the most daring decision of his political career.”

Will Romney’s convention be Palin and Paul’s insurrection?

By Nicholas Wapshott
August 6, 2012

Barely three weeks before the Republican convention opens in Tampa, Florida, the party is deep in the throes of a barely disguised civil war. This is nothing new. The struggle for the soul of the GOP between conservative traditionalists and libertarian radicals has been going on now for more than 40 years, since Barry Goldwater briefly (and disastrously) wrested the presidential nomination from the corporatist Northeastern fat cats who ran the party for their own benefit. Ronald Reagan’s presidency was a breakthrough for the Goldwater stalwart, though now even Reaganites are finding it uncomfortable as they fend off the Tea Party’s nihilistic insurgency.

Why Romney can’t defend capitalism

By Nicholas Wapshott
July 31, 2012

When Fox News worries out loud that Mitt Romney’s failure to account for his time at Bain and his personal tax affairs may represent his Swiftboat moment, it is plain the Republican presidential bid has careened offtrack. The Bain attacks are “part of a strategy by Team Obama to turn Romney’s biggest perceived strength – his business experience – into his biggest weakness,” writes Fox’s Juan Williams. “Romney needs to come clean or his hopes of being president will end long before Election Day.”

Where is Obama’s promised minimum-wage hike?

By Ralph Nader
July 24, 2012

During the 2008 campaign, presidential candidate Barack Obama made a pledge to raise the minimum wage to $9.50 per hour by 2011. Promises like this one inspired a generation of young voters, excited long-neglected progressive voters and gave hope to millions of his supporters across the country.

We need to make campaign finance a civil rights issue

By Leo Hindery Jr.
July 23, 2012

Two Supreme Court decisions (Citizens United v. Federal Elections Commission and, later, American Tradition Partnership v. State of Montana) and an appellate court decision (SpeechNow v. Federal Election Commission) are fundamentally transforming our political system and our democracy to a degree we may not grasp until the results of this year’s elections become clear. Never has our electoral process been more captive to vast – and mostly anonymous – sums of money from a handful of large corporations and wealthy individuals.

Mitt Romney, the Schrodinger’s Cat of private equity

By Tim Fernholz
July 19, 2012

Mitt Romney is a quantum CEO, the Schrödinger’s Cat of private equity: From 1999 to 2002, he both was and was not the chief executive officer and sole owner of a powerful Bain Capital investment fund. After that period, Romney’s surrogates explain, he “retroactively” retired from this post. But, as Schrödinger’s famous thought experiment reminds us, just because you find a retroactively dead cat doesn’t mean he wasn’t previously simultaneously alive and dead.