Ed Morrisey has an excellent column in today’s edition of The Fiscal Times, analyzing the immediate political impact of the Ryan Veep pick.
Most of the analysis focused on how Romney had put at risk swing states like Florida and Ohio by choosing a man best known for his plan to reform entitlement programs, which would scare seniors away from the Republican ticket. Others wondered why Romney would risk distracting attention from jobs and the economy to make Medicare – a reliable Democratic issue – the main focus of the election. Surely this would allow Barack Obama to take the high road, analysts concluded, and engage in a fight over the very vision of the American system of government, a fight Romney would almost certainly lose.
In other words, Romney took a big gamble with Ryan in two ways – in betting that Obama wouldn’t take the challenge for a substantive debate, and that voters will know the difference. A few days later, it’s clear that Romney won the first bet, and is at least ahead on the second. . . .
Clearly, the incumbents have no desire to engage Romney and Ryan in a serious debate. Romney’s big all-in raise with Ryan has now made that crystal clear. Thanks to the leadership vacuum produced by the current President and Vice President on any kind of substantive economic debate, the Republican challengers are now doing what once seemed unthinkable – launching an offensive on Medicare, one that has Team Obama already stumbling for a defense.
Read the entire article here.