Shikha Dalmia explains why a Mitt Romney presidency is far from the best outcome for the Republican party:
One: Smart folks are betting that the Supreme Court will outlaw the individual mandate but leave the rest of ObamaCare to Congress. Hence, one conservative argument for a Romney victory is that, combined with a GOP-controlled Congress, it’ll offer the last hope for repealing the law. But repeal is not an end in itself. The question is, can the GOP replace ObamaCare with sensible market-based reforms?
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Two: Commentators like Michael Gerson maintain that precisely because Romney has been a serial flipper previously, he’ll be less likely to flop now on conservative issues. But Romney’s desperation to establish his street cred with the base is not a blessing when it comes to government spending.
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Three: Both the left and the right, according to the polls, are troubled by the fact that America is becoming a land of crony capitalism. No doubt that’s why Romney has been mouthing clumsy platitudes about how “you’ve got to stop the spread of crony capitalism” and striking a brave pose against the auto bailout.
But, tellingly, the financial bailout was just fine with him. That’s no coincidence. He is, after all, the ultimate Wall Street insider, receiving millions of dollars in subsidies and government handouts for companies he was trying to rescue as CEO of Bain Capital. He might not be running with the intention of helping his corporate pals, but it is inevitable that they’ll have his ear. Their interests and needs are far more comprehensible to him than, say, those of consumers
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Four: If Romney wins this election, odds are he’ll automatically be the Republican nominee in 2016. Regardless of whether he wins then, this will effectively kill all prospects for putting a more serious Republican reformer (such as Wisconsin’s Rep. Paul Ryan) in the White House until 2020 or 2024. It might be far better to swallow hard and accept another Obama term to keep the path clear for a Republican more likely to deal with our fiscal and political dysfunction, rather than elect President Romney and block that possibility for another generation.
