Did The Republican National Convention 2012 Move The Needle For Mitt Romney?

September 2, 2012
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Did The Republican National Convention 2012 Move The Needle For Mitt Romney?

The Republican National Convention 2012 is over and questions are now being asked about how effective it was.  From Clint Eastwood to Marco Rubio, people want to know if Mitt Romney has a chance to beat President Barack Obama in November after the convention.  In some ways the convention was probably a success.  Regardless of the content of Clint Eastwood’s speech, many people are talking about it and the skit was a hit on social media for good reasons and bad ones.  Republican conventions are usually boring, so those that believe any press is good press may think Romney’s plan worked.  The RNC 2012 didn’t cause a big jump with the online betting parlors but President Obama is nowhere near the peak of his April and March 2012 highs.

It seems the Republican party isn’t united with negative notes coming out from perceived conservative websites about Paul Ryan’s speech and former Reagan advisers admonished Romney immediately after he spoke who forgot the Gipper’s 11th Commandment.  It’s almost as if they don’t want to win?

The DNC 2012 will be a chance for President Obama to address Ryan and Romney.  Unlike the Republican convention which looked young, diverse and vibrant, the DNC will be bringing out some of the old favorites with the intent to attack the Republicans on women and ‘grannies’.

Here’s what Mitt Romney needs to do:

The Romney team can’t allow the Democrats to frame the debate as the same old policies that ‘brought’ us here.  Bush can’t be blamed for the car crisis which happened at a time GM and others were building huge trucks nobody drives now with oil prices soaring.  U.S. car manufacturers have made big cars twice and last few decades when nobody wanted them and will do it again.  Romney can address deficits in both presidencies as significant.  Romney also needs to talk about the history of financial collapses which occur every few years cyclically and can’t be blamed on one president.  JP Morgan lost $4 billion in a few days which invariably cannot be attributed to President Obama.  Housing prices needed to collapse due to a bubble that focused on people buying homes they could not afford with money they didn’t have while taking out equity for new gas guzzlers.  Romney must debunk the supposed Republican past.

Here’s what President Obama Needs to do:

Not much different.  President Obama is going for the ‘one more chance’ vote and could be successful if Romney doesn’t stay on message and the Republicans look fragmented.  Mitt Romney isn’t fighting dirty yet so Obama still has the momentum on his side.  We noticed an inflection point a few weeks ago that showed President Obama wasn’t gaining much in polls and predictions about the election, but after the RNC 2012 he has maintained some stability which the Republicans will need to diminish if they want to win. President Obama has been running a smart campaign challenging Mitt Romney’s character while calling President Bush the cause of all the current problems.

Democrats have only had one president elected to two terms since Truman and no president in modern history has been elected with 8 percent unemployment or more.  If Governor Mitt Romney doesn’t make a move soon, President Obama could maintain his lead.  We stated a few days ago that Romney needed a bounce after this convention.  Although he didn’t jump too high – he did make it interesting which was a necessity.

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