Why McAuliffe’s Vulture-Capitalism Attack Fell Flat

Terry McAuliffe answers questions from reporters after casting his ballot during early voting at the Fairfax County Government Center October in Fairfax, Va., October 13, 2021. (Win McNamee/Getty Images)
Having invested millions of his own money with the Carlyle Group, the private-equity firm once helmed by his GOP opponent, McAuliffe’s attacks come across as hypocritical.

NRPLUS MEMBER ARTICLE W hen Mitt Romney ran for president in 2012, he was savaged during the Republican primary as a “vulture capitalist.” That attack, first launched by Newt Gingrich, was deftly deployed by Barack Obama during the general election, and the hits on Romney and Bain Capital probably played a significant role in explaining what Sean Trende called “the case of the missing white voters.”

So when Glenn Youngkin, former CEO of the Carlyle Group, a private-equity firm, won the Virginia GOP gubernatorial nomination, Democrats seemed as if they’d have a good opportunity to run the same playbook against Youngkin in 2021 that they

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