Remember when Barack Obama pooh-poohed Mitt Romney’s claim that Russia was America’s potential adversary? Well, the plant closings and layoffs announced yesterday by GM show that Romney was right again. He wrote that as a result of the bailout given to GM a decade ago, the company’s failure “will be virtually guaranteed” because it would not be forced to undergo radical restructuring to be competitive in the marketplace. By subsidizing GM’s failing business culture, the federal government would be making a sucker bet with taxpayer dollars and forestalling the inevitable.
The Chevy Volt is one of the models being dropped. Barack Obama promised GM workers that he would drive a Volt when he left office. If he hasn’t bought one yet, he’d better hurry. And if he likes his Volt, he can keep it.
As James Carville reminded the Clinton campaign staff in 1992, so this year’s election is focused on pocketbook issues. Mitt Romney was clearly focused on that while doing his photo op in front of a Solyndra building yesterday.
A couple of old Reagan lines could be recycled by the Romney campaign as well.
Recession is when your neighbor loses his job, depression is when you lose your job, and recovery is when
Jimmy Carter Barack Obama loses his job.
Are you better of now than you were
four years five trillion dollars ago?
UPDATE—Bill Clinton stayed on message in 1992, but even he isn’t sticking to the Obama line on Romney and Bain Capital.
UPDATE 2—Big Government notes that the MSM has their panties in a knot over the “unfairness” of the Romney campaign taking Obama’s advice about hitting back twice as hard.
UPDATE 3–Ed Morrissey says this about Bill Clinton’s comments on CNN:
So why does Team O insist on continuing those attacks? Clinton more or less says why when he asks, “What has President Obama done and what does he propose to do? “ So far, Obama hasn’t laid out a second-term agenda at all; in fact, he and his team still haven’t even figured out a theme, even after more than a year of campaigning. Obama has to distract voters from the fact that he’s offered no vision at all.