13.8.12

ALL ABOUT PERCEPTION?

Jonathan Chait comments on the Romney-Ryan ticket.
The only real question left was how to handle the optics of [a Republican economic policy based on the Ryan budget, or Bowles-Simpson]. The original operating plan of the Romney campaign was to run against the bad economy, and then implement the Ryan Plan, which of course is a long-term vision of government unrelated to the current state of the labor market.
That description also applies to the first two years of Democratic majorities working with President Obama, in which the stimulus bill and health care reform both spoke to long-held party goals, and in which the attempts to placate the environmental and identity-politics elements of the party coalition might have attenuated the stimulative effects of the spending.

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