While all the cable news shows are struggling with how to balance the odd appearance of Clint Eastwood and covering Mitt Romney’s speech, I went back and looked at the transcript and watched the video more times than one dog should be allowed. I nearly went deaf with all the dog whistles, but I soldiered on, trying to get to the essence of what he was saying.
The speech kinda rambled, trying to cover too many things too quickly, but one phrase popped out that lays bare the Romney thinking. It’s at about minute 33:50. So far, I think all the “analysts” have missed it. They may have been too busy focusing on the applause in the house instead of the words being said on stage.
President Obama promised to begin to slow the rise of the oceans and heal the planet. MY promise…is to help you and your family.
For months, we have been told the GOP was the party of big ideas, of bold and brave decisions. I think this one statement — buried right after the five-part jobs creation plan that appeared to be ripped out of a freshman economics textbook — crystalizes what a Romney presidency would really be like. It is the one thing in the speech that is consistent with his life and his campaign.
While President Obama works to solve the structural problems that creates the symptoms, a President Romney would focus on solving the symptoms. What does it help your family if they are in a nice house that is being swallowed up by the rising tides?
In short, we will paint over the water stains, flip this country and sell it to the highest bidder. Romney’s America is not a country that needs the foundation shored up and invested in, it is a 1 1/2 story bungalow with a crumbling foundation that just needs a new coat of paint.
This is the essence of what Romney did at Bain Capital. He found a fixer-upper, leveraged it to suck wealth out of it for a few owners at the top and discarded it or sold it off to the suckers who thought they were getting a good deal. That’s not a bad thing, that is what private equity is supposed to be good at. But I’m pretty sure it is not the skill set a president needs.
America needs infrastructure investment like health care, modern railways, education, roads, bridges, communications, modernized banking, environment and power. She also needs help with the intangible infrastructure like happiness, relief from chronic anxiety and a boost of confidence. And yes, she needs more hope and change.
America does not need more paint on her walls.