US election 2012: Wall Street Journal describes Mitt Romney as ‘politically dumb’

Meanwhile “Mitt Romney is betting his resources in the Cayman Islands, in
Bermuda, in Switzerland and God only knows where else he is putting his
resources”, said Ted Strickland, a former Ohio governor, who introduced
Mr Obama in the city of Maumee.

Investigations by Vanity Fair and the Associated Press this week
refocused attention on a $3 million (£1.9 million) Swiss bank account Mr
Romney secretly held until 2011, and dozens of offshore holdings by Bain
Capital, the private equity firm he headed. He denies avoiding tax.

In an interview at their $8 million (£5.2 million) summer retreat in New
Hampshire, Mr Romney’s wife, Ann, complained Mr Obama’s campaign was
attempting to “kill” her husband. “They’re going to do
everything they can to destroy Mitt,” she said.

Three labour market indicators – private sector hiring, new lay-offs, and new
benefit claimants – were better than forecast yesterday, prompting hopes
among Mr Obama’s team that today’s official unemployment figures for June
could show improvements.

Despite the stuttering economic recovery, Mr Obama leads Mr Romney nationally
by 2.6 percentage points, according to an aggregate of polls by
RealClearPolitics, and holds narrow leads in the battleground states of
Florida, Ohio and Virginia.

Anxious conservatives are voicing concerns. Rupert Murdoch, the Wall Street
Journal’s
owner, criticised Mr Romney via Twitter for not looking like a “challenger”
and for “playing everything safe”.

His newspaper’s attack centred on Mr Romney’s fumbled response to the Supreme
Court’s upholding of Mr Obama’s controversial health insurance “mandate”,
which the court effectively redefined as a tax.

While other Republicans condemned the new “middle class tax”, Mr
Romney at first demurred because he pioneered an identical system as
Massachusetts governor, yet denies raising taxes.

But just 48 hours after his spokesman, Eric Fehrnstrom, said he did not
believe “Obamacare” was a tax, Mr Romney changed course and told
an interviewer that it was.

The muddled message reignited fears that Mr Romney was the wrong candidate to
capitalise on the unpopularity of Mr Obama’s health reform, which fuelled
the rise of the Tea Party in the 2010 mid-term elections, when the Democrats
suffered humbling losses.

The Wall Street Journal said Mr Romney was turning “the only
possible silver lining” in the ruling – “that the mandate to
buy insurance or pay a penalty is really a tax – into a second political
defeat”.

William Kristol, another leading conservative commentator, on Thursday
described Mr Romney’s belief that he could win by pointing to Mr Obama’s
economic failings as “dangerous self-delusion”.

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