William Katz: Urgent Agenda
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WHOOPS – AT 12:02 P.M. ET: We've written here of our doubts about Mitt Romney as the 2012 GOP nominee for president. He's a fine man, and has a reputation for competence. But at times he has a tin ear. He sometimes sounds too much like the corporate Republicans of the past, a bit too close to big business to form a real bond with the public. Romney recently listed his complaints about the Obama administration's economic policy. Most were entirely legitimate, and to the point. But then he complained that the administration wanted to regulate "executive pay." Now, he may well be right about that, but if he thinks that defending the pay of executives who take eight or ten million dollars in "compensation" from a failing company will endear him to the public, he needs come counseling. Hasn't he noticed the growing resentment of Americans, across the political spectrum, to some of these Wall Street "executives" who couldn't manage their own kitchens, yet take enormous "bonuses" for Lord knows what. Now Romney has done it again:
COMMENT: Again, Romney may, in the strictest sense, be right. But defending insurance companies isn't exactly a winning issue. Americans generally dislike health-insurance companies, in some cases quite intensely. And some of the companies have earned their contempt. There is general agreement, regardless of party, that they have to be required to meet higher standards. If Romney continues providing these sound bites for his opponents, he'll be crisper than toast. March 6, 2010 |
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