Site for Free Markets and Free People

Friday, May 13, 2011

Is Romney Already Finished?

Mitt Romney was my preferred candidate in 2008. By far, he had the best understanding of the American economy - and probably still does among the candidates. But as the WSJ and the National Review point out, the health care plan he signed in Massachusetts is a complete disaster and yet he fails to admit it was a mistake.

Costs are rising in Massachusetts, price controls are in the offing, and the plan is losing popularity. We understand that Romney does not feel that he can flip-flop on what he had touted as his signature accomplishment in office. But if there is one thing we would expect a successful businessman to know, it is when to walk away from a failed investment.

Romney is still going to be a tough candidate, but we now need someone who is adamantly opposed to government-run health care - whether on a national or local level. I don't think Romney is that guy.