I went to hear Mitt Romney this morning in New York, and he gave what I assume is his standard stump speech. He is now emphasizing five points, which is a vast improvement on his 59-point economics plan of last year. First is to exploit America’s vast new energy resources unlocked by fracking and potential new areas now off-limits to create a large number of new, well-paying jobs, greatly improve our balance of payments, and improve our geopolitical position in the endless game of international politics.
Second is to reform the education system so as to put the interests of children ahead of the interests of teachers in order to prepare them with the skills needed in the 21st century. Third, pursue foreign trade. Fourth, cut the deficit and put the federal budget on a path towards balance. Fifth, repeal ObamaCare.
It was an impressive performance, and it made me even more optimistic about the outcome in November. That optimism is based on reasoning very similar to Professor Paul Rahe’s reasoning, although I would add Glenn Reynolds’s caveat: Don’t get cocky. Karl Rove in this morning’s Wall Street Journal thinks it will be a close election, decided by the undecided, and the Romney campaign should certainly act as though that’s the case.