The Corner

Newt Should Revise and Extend His Remarks

I would say that Newt should apologize for his comments about Romney returning the money he made turning companies around, but it would be naive for me to expect that. Still, he should at least find a way to talk himself off this nonsense:

“If Gov. Romney would like to give back all of the money he’s earned from bankrupting companies and laying off employees over his years at Bain, then I would be glad to listen to him.”


Not only is it petulant, leftwing, bunk, there’s no way Gingrich actually believes it (as Ramesh noted on Twitter). I understand that Gingrich doesn’t want to admit his payments from Freddie are, at best, tacky. But there’s no equivalence between Gingrich’s business model and Romney’s. If Romney should return the money he’s earned, if there’s a immoral taint to it, then Gingrich really doesn’t believe in capitalism at all. That’s obviously not the case and so he should explain himself. Lord knows he has the verbal skills to do it. If he can apologize for sitting next to Nancy Pelosi, he can “clarify” his way out of this hole.

Jonah Goldberg, a senior editor of National Review and the author of Suicide of the West, holds the Asness Chair in Applied Liberty at the American Enterprise Institute.

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