If the TARP and the stimulus package are eventually judged a failure, Mitt Romney supported them in the fall of 2008. If the TARP and the stimulus package are eventually judged a success, Mitt Romney opposed them in the fall of 2009.
Does anybody else think that this guy is just in the wrong line of business:
Matthew Yglesias: Shocking News — A Mitt Romney Flip-Flop!: Dave Weigel points out that Mitt Romney is now slamming the TARP bill that he once favored. Shocking to see that guy change his position on something. But, Romney aside, it’s striking to see the number of conservatives who’ve decided that an initiative proposed by George W. Bush and Hank Paulson and endorsed by the GOP congressional leadership was and is secretly some socialist plot. Similarly with the idea that Ben Bernanke, former Bush administration official, is running some sort of rogue left-wing operation at the Fed. Obviously the economy’s still in a bad position today, but the evidence really does indicate that the whole suite of recovery measures (stimulus, TARP, Fed programs) are having the desired effect and things are turning around. I think this strategy of opportunistically pretending to have opposed this stuff could really come around to bite the right in the butt if things are looking better in 12 months, and I think it’s very likely that things will be looking better in 12 months.