I made up my mind a long time ago that I didn’t like Mitt Romney. Still, you’d think the founder of Bain Capital would be above economic populism:
In his speech at the Detroit Economic Club, Mr. Romney took Washington lawmakers to task for being a “disinterested” in Michigan’s plight and imposing upon the state’s automakers a litany of “unfunded mandates,” including a recent measure signed by President Bush that requires the raising of fuel efficiency standards.
He criticized Mr. McCain and Senator Joseph I. Lieberman, independent of Connecticut, for a bill that they have pushed to cap and trade greenhouse gas emissions. Mr. Romney asserted that the bill would cause energy costs to rise and would ultimately be a “job killer.”
C’mon, Mitt. You’re smart enough to know that the mollycoddling of Detroit by Congress is precisely why the industry is in such dire straits. Protected from foreign competition, Detroit has been able to hide behind inferior products for too long.