Mitt Romney showed once again that he is truly a class act. In his announcement that he will not be running for president in 2016, he stated, “I believe that one of our next generation of Republican leaders, one who may not be as well known as I am today, one who has not yet taken their message across the country, one who is just getting started, may well emerge as being better able to defeat the Democrat nominee.”
This was unusual political humility. But let me highlight this specific phrase: “one who has not yet taken their message across the country.”…
If there’s anything the GOP needs — besides a winner — it’s a confident, incentive-based, pro-growth message. The party didn’t have one last year, but it won the midterms thanks to President Obama’s ineptness. That won’t be enough in 2016.
The fourth-quarter GDP report, just out, illustrates the importance of a growth message. GDP came in at a disappointing 2.6 percent, way below expectations. For the year, only 2.5 percent growth.
For the 22 quarters of so-called economic recovery, real GDP has increased by a meager 2.3 percent annually. Historically, since World War II, we’ve grown by nearly 3.5 percent yearly. And according to experts, alarmingly low labor-force participation and sinking productivity has reduced America’s potential to grow to well below 2 percent. This must be fixed.