10/06/2012

Opinion: Good economy bad for Mitt?

President Barack Obama smiles as he speaks during a campaign rally in Fairfax, Virginia on Friday, October 5.President Barack Obama smiles as he speaks during a campaign rally in Fairfax, Virginia on Friday, October 5.
Republican presidential candidate Mitt Romney speaks during a campaign rally in Abingdon, Viriginia, on Friday.Republican presidential candidate Mitt Romney speaks during a campaign rally in Abingdon, Viriginia, on Friday.
Barack Obama is assisted with putting on a raincoat onstage during a campaign rally at Cleveland State University on Friday.Barack Obama is assisted with putting on a raincoat onstage during a campaign rally at Cleveland State University on Friday.
Mitt Romney poses for a photo before boarding his campaign plane in Bristol, Tennessee, on Friday.Mitt Romney poses for a photo before boarding his campaign plane in Bristol, Tennessee, on Friday.
United States Secret Service agents guard vehicles in the motorcade of Republican presidential candidate Mitt Romney on Friday, October 5, in Weyers Cave, Virginia. Romney will campaign in Virginia's coal country and Florida.United States Secret Service agents guard vehicles in the motorcade of Republican presidential candidate Mitt Romney on Friday, October 5, in Weyers Cave, Virginia. Romney will campaign in Virginia's coal country and Florida.
Mitt Romney boards his campaign plane on Friday.Mitt Romney boards his campaign plane on Friday.
Republican presidential candidate Mitt Romney speaks in Fishersville, Virginia, as Secret Service members keep guard on Thursday, October 4. A day after the first presidential debate in Denver, Romney headed to Virginia to continue campaigning.Republican presidential candidate Mitt Romney speaks in Fishersville, Virginia, as Secret Service members keep guard on Thursday, October 4. A day after the first presidential debate in Denver, Romney headed to Virginia to continue campaigning.
Romney supporters bow their heads in prayer during Thursday's event at the Augusta Expoland in Fishersville, Viriginia.Romney supporters bow their heads in prayer during Thursday's event at the Augusta Expoland in Fishersville, Viriginia.
President Barack Obama addresses the crowd at the University of Wisconsin in Madison on Thursday.President Barack Obama addresses the crowd at the University of Wisconsin in Madison on Thursday.
Romney greets police officers before boarding his campaign plane in Denver on Thursday.Romney greets police officers before boarding his campaign plane in Denver on Thursday.
Obama speaks at a campaign rally in Denver on Thursday. He accused his Republican challenger of dishonesty over tax policy and other issues brought up in Wednesday night's presidential debate.Obama speaks at a campaign rally in Denver on Thursday. He accused his Republican challenger of dishonesty over tax policy and other issues brought up in Wednesday night's presidential debate.
Audience members cheer as Obama makes his way onto the stage at Sloan's Lake Park in Denver on Thursday.Audience members cheer as Obama makes his way onto the stage at Sloan's Lake Park in Denver on Thursday.
Reporters watch the final minutes of the debate between Romney and Obama in Denver on Wednesday, October 3. The first of four debates for the 2012 election -- three presidential and one vice-presidential -- was moderated by Jim Lehrer of PBS.Reporters watch the final minutes of the debate between Romney and Obama in Denver on Wednesday, October 3. The first of four debates for the 2012 election -- three presidential and one vice-presidential -- was moderated by Jim Lehrer of PBS.
A member of the U.S. Secret Service keeps watch from the top of a building as Obama takes part in a debate walk-through at the University of Denver on Wednesday. A member of the U.S. Secret Service keeps watch from the top of a building as Obama takes part in a debate walk-through at the University of Denver on Wednesday.
A seat is assigned to first lady Michelle Obama prior to Wednesday's debate.A seat is assigned to first lady Michelle Obama prior to Wednesday's debate.
Obama stands at the podium as he speaks during the debate on Wednesday.Obama stands at the podium as he speaks during the debate on Wednesday.
Michelle and Barack Obama, left, join Mitt Romney and his family at the conclusion of the first presidential debate.Michelle and Barack Obama, left, join Mitt Romney and his family at the conclusion of the first presidential debate.
University of Denver student Sam Garry sits at the moderator's desk before a presidential debate dress rehearsal at the University of Denver on Tuesday, October 2. University of Denver student Sam Garry sits at the moderator's desk before a presidential debate dress rehearsal at the University of Denver on Tuesday, October 2.
Volunteers sit in for on-air television reporters on Tuesday in preparation for the first presidential debate in the Ritchie Center at the University of Denver.Volunteers sit in for on-air television reporters on Tuesday in preparation for the first presidential debate in the Ritchie Center at the University of Denver.
Romney greets a father and his daughter after having lunch Tuesday at a restaurant in Denver.Romney greets a father and his daughter after having lunch Tuesday at a restaurant in Denver.
Obama stares at the Hoover Dam in Nevada during a visit Tuesday.Obama stares at the Hoover Dam in Nevada during a visit Tuesday.
Romney boards his campaign plane in Bedford, Massachusetts, on Monday, October 1. The Republican candidate was heading to Denver for the first presidential debate on Wednesday.Romney boards his campaign plane in Bedford, Massachusetts, on Monday, October 1. The Republican candidate was heading to Denver for the first presidential debate on Wednesday.
Obama hugs Chasstiry Vazquez after she indroduced him at a campaign event at Desert Pines High School in Las Vegas on Sunday, September 30.Obama hugs Chasstiry Vazquez after she indroduced him at a campaign event at Desert Pines High School in Las Vegas on Sunday, September 30.
Obama supporters cheer during Sunday's event in Las Vegas.Obama supporters cheer during Sunday's event in Las Vegas.
Romney leaves his campaign headquarters in Boston on Sunday.Romney leaves his campaign headquarters in Boston on Sunday.
A boy reaches out to shake hands with Obama on Sunday in Las Vegas. The president was in Nevada ahead of Wednesday's presidential debate in Denver.A boy reaches out to shake hands with Obama on Sunday in Las Vegas. The president was in Nevada ahead of Wednesday's presidential debate in Denver.
Romney arrives at the Church of Jesus Christ of Latter-day Saints in Belmont to attend Sunday services.Romney arrives at the Church of Jesus Christ of Latter-day Saints in Belmont to attend Sunday services.
Obama talks on the phone with Prime Minister Benjamin Netanyahu of Israel in the Oval Office on Friday, September 28.Obama talks on the phone with Prime Minister Benjamin Netanyahu of Israel in the Oval Office on Friday, September 28.
Romney speaks during a rally at Valley Forge Military Academy and College in Pennsylvania on Friday.Romney speaks during a rally at Valley Forge Military Academy and College in Pennsylvania on Friday.
Romney talks to journalists aboard his campaign plane about his phone call with Netanyahu on Friday.Romney talks to journalists aboard his campaign plane about his phone call with Netanyahu on Friday.
Cadets listen to Romney speak at a campaign rally Friday at the Valley Forge Military Academy and College in Wayne, Pennsylvania.Cadets listen to Romney speak at a campaign rally Friday at the Valley Forge Military Academy and College in Wayne, Pennsylvania.
Romney addresses Friday's rally at the Valley Forge Military Academy and College.Romney addresses Friday's rally at the Valley Forge Military Academy and College.
Vice President Joe Biden hugs U.S. Rep. Debbie Wasserman Schultz, chairwoman of the Democratic National Committee, as he arrives for a campaign event Friday in Boca Raton, Florida.Vice President Joe Biden hugs U.S. Rep. Debbie Wasserman Schultz, chairwoman of the Democratic National Committee, as he arrives for a campaign event Friday in Boca Raton, Florida.
Romney speaks at a Veterans for Romney campaign event in Springfield, Virginia, on Thursday, September 27.Romney speaks at a Veterans for Romney campaign event in Springfield, Virginia, on Thursday, September 27.
Obama supporters cheer at a campaign rally Thursday in Virginia Beach, Virginia. Obama supporters cheer at a campaign rally Thursday in Virginia Beach, Virginia.
Veterans at the American Legion Post 176 pray before Romney speaks Thursday in Springfield.Veterans at the American Legion Post 176 pray before Romney speaks Thursday in Springfield.
People listen to Obama speak at the Farm Bureau Live arena in Virginia Beach on Thursday.People listen to Obama speak at the Farm Bureau Live arena in Virginia Beach on Thursday.
Obama delivers remarks Thursday in Virginia Beach.Obama delivers remarks Thursday in Virginia Beach.
Supporters cheer as Romney speaks at SeaGate Convention Centre in Toledo, Ohio, on Wednesday, September 26. Supporters cheer as Romney speaks at SeaGate Convention Centre in Toledo, Ohio, on Wednesday, September 26.
Romney speaks during a roundtable discussion on manufacturing at American Spring Wire in Bedford Heights, Ohio, on Wednesday.Romney speaks during a roundtable discussion on manufacturing at American Spring Wire in Bedford Heights, Ohio, on Wednesday.
Supporters wait to see Obama on Wednesday at Toledo Express Airport in Bowling Green, Ohio. Air For One aborted an initial landing attempt in Ohio due to weather conditions.Supporters wait to see Obama on Wednesday at Toledo Express Airport in Bowling Green, Ohio. Air For One aborted an initial landing attempt in Ohio due to weather conditions.
Obama addresses supporters at Bowling Green State University on Wednesday.Obama addresses supporters at Bowling Green State University on Wednesday.
Romney delivers remarks during a campaign rally Wednesday at Westerville South High School in Westerville, Ohio.Romney delivers remarks during a campaign rally Wednesday at Westerville South High School in Westerville, Ohio.
Former President Bill Clinton introduces Obama during the Clinton Global Initiative annual meeting in New York on Tuesday, September 25.Former President Bill Clinton introduces Obama during the Clinton Global Initiative annual meeting in New York on Tuesday, September 25.
Supporters cheer during a Republican campaign rally Tuesday with Romney and his running mate, Paul Ryan, at Dayton International Airport in Vandalia, Ohio.Supporters cheer during a Republican campaign rally Tuesday with Romney and his running mate, Paul Ryan, at Dayton International Airport in Vandalia, Ohio.
Ryan speaks Tuesday in Vandalia as Sen. Rand Paul, from left, Sen. Rob Portman and Romney listen.Ryan speaks Tuesday in Vandalia as Sen. Rand Paul, from left, Sen. Rob Portman and Romney listen.
Former Florida Gov. Jeb Bush hugs a waitress as they wait for Ryan's arrival during a campaign stop at a restaurant in Miami's Little Havana neighborhood on Saturday, September 22.Former Florida Gov. Jeb Bush hugs a waitress as they wait for Ryan's arrival during a campaign stop at a restaurant in Miami's Little Havana neighborhood on Saturday, September 22.
Supporters cheer as they listen to Romney speak during a Juntos Con Romney Rally at the Darwin Fuchs Pavilion on Wednesday, September 19, in Miami.Supporters cheer as they listen to Romney speak during a Juntos Con Romney Rally at the Darwin Fuchs Pavilion on Wednesday, September 19, in Miami.
Romney shakes hands with supporters during the Juntos Con Romney Rally in Miami on Wednesday.Romney shakes hands with supporters during the Juntos Con Romney Rally in Miami on Wednesday.
Obama and David Letterman speak during a break in the taping of the "Late Show with David Letterman" on Tuesday, September 18, at the Ed Sullivan Theater in New York.Obama and David Letterman speak during a break in the taping of the "Late Show with David Letterman" on Tuesday, September 18, at the Ed Sullivan Theater in New York.
A crew member opens the door to Air Force One after the jet arrived at John F. Kennedy Airport in New York on Tuesday.A crew member opens the door to Air Force One after the jet arrived at John F. Kennedy Airport in New York on Tuesday.
From left to right: Romney, his wife Ann, and son Tagg watch one of Tagg's sons play soccer in Belmont, Massachusetts, on Saturday, September 15.From left to right: Romney, his wife Ann, and son Tagg watch one of Tagg's sons play soccer in Belmont, Massachusetts, on Saturday, September 15.
 Ryan arrives onstage to address the Family Research Council Action Values Voter Summit on Friday, September 14. Ryan arrives onstage to address the Family Research Council Action Values Voter Summit on Friday, September 14.
Supporters wait for Romney to speak at a campaign rally at Lake Erie College in Painesville, Ohio, on Friday, September 14.Supporters wait for Romney to speak at a campaign rally at Lake Erie College in Painesville, Ohio, on Friday, September 14.
Obama arrives at Andrews Air Force Base in Maryland on Thursday, September 13. Obama returned to Washington after a two-day campaign trip with events in Nevada and Colorado.Obama arrives at Andrews Air Force Base in Maryland on Thursday, September 13. Obama returned to Washington after a two-day campaign trip with events in Nevada and Colorado.
Supporters cheer as Romney speaks at a campaign rally in Fairfax, Virginia, on Thursday.Supporters cheer as Romney speaks at a campaign rally in Fairfax, Virginia, on Thursday.
An Obama supporter attends a rally in Las Vegas on Wednesday, September 12. Obama focused on economic policies during his two days of campaigning in Nevada and Colorado.An Obama supporter attends a rally in Las Vegas on Wednesday, September 12. Obama focused on economic policies during his two days of campaigning in Nevada and Colorado.
Former President Bill Clinton speaks in support of Obama during a campaign stop in Miami on Tuesday, September 11.Former President Bill Clinton speaks in support of Obama during a campaign stop in Miami on Tuesday, September 11.
Obama is lifted up by Scott Van Duzer, owner of Big Apple Pizza and Pasta Italian Restaurant, during a visit to the restaurant in Fort Pierce, Florida, on Sunday, September 9. Obama was on a two-day bus tour across the state.Obama is lifted up by Scott Van Duzer, owner of Big Apple Pizza and Pasta Italian Restaurant, during a visit to the restaurant in Fort Pierce, Florida, on Sunday, September 9. Obama was on a two-day bus tour across the state.
President Obama greets supporters during a campaign stop at the Palm Beach County Convention Center in West Palm Beach, Florida, on Sunday.President Obama greets supporters during a campaign stop at the Palm Beach County Convention Center in West Palm Beach, Florida, on Sunday.
Mitt Romney walks through the garage area during a rain delay before the start of the NASCAR Sprint Cup Series Federated Auto Parts 400 at Richmond International Raceway on Saturday, September 8, in Richmond, Virginia. Mitt Romney walks through the garage area during a rain delay before the start of the NASCAR Sprint Cup Series Federated Auto Parts 400 at Richmond International Raceway on Saturday, September 8, in Richmond, Virginia.
Ann Romney, wife of Republican presidential candidate Mitt Romney, waves to the crowd before speaking at a rally in Leesburg, Virginia, on Friday, September 7.Ann Romney, wife of Republican presidential candidate Mitt Romney, waves to the crowd before speaking at a rally in Leesburg, Virginia, on Friday, September 7.
Supporters try to stay dry in between rain showers while waiting for President Obama to speak at the University of Iowa on Friday. It was Obama's first day of campaigning after accepting the presidential nomination at the Democratic National Convention in Charlotte, North Carolina.Supporters try to stay dry in between rain showers while waiting for President Obama to speak at the University of Iowa on Friday. It was Obama's first day of campaigning after accepting the presidential nomination at the Democratic National Convention in Charlotte, North Carolina.
A girl listens to President Obama speak at the University of Iowa on Friday.A girl listens to President Obama speak at the University of Iowa on Friday.
Vice President Joe Biden, first lady Michelle Obama, President Obama and Biden's wife, Jill, wave after Friday's campaign event at the University of Iowa.Vice President Joe Biden, first lady Michelle Obama, President Obama and Biden's wife, Jill, wave after Friday's campaign event at the University of Iowa.
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  • Paul Waldman: Improved jobs numbers leaves Romney with a challenge
  • He says Romney's center shift accepted even in fractious GOP now just looking to win
  • He says Romney stock-in-trade is to be more of a manager of the economy
  • Waldman: An economic upturn gives Romney a tougher case to make

Editor's note: Paul Waldman is a contributing editor at The American Prospect and the author of "Being Right Is Not Enough: What Progressives Must Learn From Conservative Success." Follow him on his blog and on Twitter.

(CNN) -- With only a month to go before election day, things are moving fast in the presidential campaign.

Twenty-four hours ago it was nothing but good news for Mitt Romney, his campaign revived by a strong performance in the first debate. Then new job numbers came out, showing the economy adding 114,000 jobs in September, upward revisions to the July and August numbers, and a drop in the unemployment rate to 7.8 percent. The economic picture is full of ambiguity, and Mitt Romney's challenge only grows more complex.

Paul Waldman

So though it took longer than most people expected, Romney has finally made the "shift to the center" that all presidential candidates are supposed to make once they've gotten their party's nomination and no longer have to appeal to their party's base.

This has been a particularly tricky line for Romney to walk, since so many Republicans saw his transformation from Massachusetts moderate to fire-breathing, "severely conservative" (as he put it) candidate as utterly insincere. So another ideological re-imagining had to be handled carefully.

When it came in a debate in which Romney was performing with the skill honed in a thousand boardroom PowerPoint presentations, the timing was perfect. Conservatives had been at the point of panic, desperate for anything that would turn the race around. With Romney emerging from the debate with a newfound energy and momentum, they were more than happy to accept a more moderate nominee.

Opinion: Mitt is back to loving Massachusetts

And more moderate he did indeed seem. Regulations? He's happy to accept them: "Regulation is essential. You can't have a free market work if you don't have regulation." Tax cuts for the wealthy? Heaven forfend. "I cannot reduce the burden paid by high-income Americans." And that videotape in which he sneered at the 47% of Americans who won't "take personal responsibility and care for their lives"? After initially defending the remarks, he was ready to make a 180 on that too. Since Obama never brought it up during the debate, Romney went on Fox News the next day and told Sean Hannity, "I said something that was just completely wrong. When I become president, it will be about helping the 100%."

Romney: 'Completely wrong' on 47%
Obama fighting back after debate
Are the candidates 'Hispandering?'
Romney, Big Bird in Hitchcock spoof

You won't hear Republicans saying this newly moderate Romney represents a betrayal. First off, they're smart enough to realize that Romney hasn't actually changed any of his plans; all he's changed is how he talks about them. And second, conservatives have always been good at coming together when power is on the line. The right has just as many factions and just as much infighting as the left, but when Election Day approaches, they become deadly serious about the task at hand. There will be plenty of time for an ideological struggle over the GOP's identity once the ballots are counted.

Yet it has always been the economic ruling class that stands at the front of the line when the spoils of Republican victory are distributed. The social conservatives may have to wait for abortion to be outlawed and the neoconservatives may have to bide their time before the next war, but a Republican administration will always make tax cuts its first priority.

Opinion: Romney's demographic bind

Mitt Romney -- as pure a representative of that economic ruling class as has ever been nominated for president -- always had a twofold challenge on the economy. First, he had to convince voters that he is an effective manager with knowledge and experience. That was the easy part. Second, he had to assure them that he has their interests at heart. That second part is where the Obama campaign focused all its fire, attacking Romney as a heartless plutocrat who would toss his own grandmother in the street if he thought it would make him a few extra dollars.

I doubt Romney ever had any illusions that the American people would embrace him because he's such a lovable and charismatic fellow. It was one thing to smack down the assemblage of clowns he beat during the GOP primaries (recall that at various times the polls showed Michele Bachmann, Herman Cain, Rick Perry, Newt Gingrich and Donald Trump leading the field), but defeating an incumbent president with considerable political skills is another matter altogether. So a struggling economy has always been the sine qua non of a Romney victory--and now the economic picture looks better than it did just a few months ago.

Avlon: The audacity of Etch a Sketch

As both sides understand, the trajectory of the economy matters more to voters than the place it is in on Election Day. We all remember Ronald Reagan's soft-focus, "Morning in America" ads from 1984 showing the country to be in the best of economic times. But when Reagan was reelected, unemployment was 7.2 percent, nearly as high as it is now. What mattered was that two years before, it had been 10.8 percent. Things were improving steadily, and that's what shaped voters' perception of the economy.

Today, we have an economy moving in the right direction, if not as fast as anyone would like, meaning neither candidate gets a clear advantage out of economic conditions. We have two candidates, both claiming that the middle class is their primary concern. But one of them just started saying it in the last 48 hours, and he's fighting against his own image and that of his party. It will be an uphill slog.

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The opinions expressed in this commentary are solely those of Paul Waldman.

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