Ryan Grim offers a damning interpretation in the Huffington Post of Mitt Romney’s recently released remarks about the 47%. According to Grim, if Mitt Romney really believed that cutting taxes on the rich would cause wealth to magically “trickle down” to working-class and middle-class Americans, then why was he so willing to concede “the 47%” to President Obama?
Here’s how Grim puts it:
…suggesting that “our message of low taxes doesn’t connect” with half the country is a rejection of the argument on which Romney has built his campaign, that lowering taxes for “job creators” benefits the poor and middle class by spurring job creation.
If Romney does believe that the 47 percent he identified will benefit from supply-side tax policies, then the argument he made to his donors is that the voters simply don’t understand they will benefit and that it’s not possible for him to make the case to them.
Neither interpretation is flattering to the former Massachusetts governor.