Well the skill sets have a moderate overlap. Both require credible public communication skills. Both require the ability to hire good people. Both require public improvisation and political antenna. Campaigning doesn’t involve much negotiation or diplomacy though.
It seems that Romney has a tendency to hire insular finance guys, who strike many as being sort of jackasses, for lack of a better term. In 2008, the other Republican candidates (many of whom were A-list) really disliked his team. More recently James Fallows observes: Political talent includes the ability to tell your immediate audience things it wants to hear – without offending people beyond that audience… At its crass extreme, this is the “dog whistle” – sending a coded signal that the general public will miss but only a select group of listeners will recognize and respond to. Less crassly, it is a skill both Ronald Reagan and Bill Clinton demonstrated in managing to appeal to some groups without alienating too many others. …
Romney violated this rule at just about every stop on his foreign trip. He told an American TV interviewer that the Brits might not be ready for the Olympics – and of course the Brits heard and took offense. He told the audience at an Israeli fund-raiser that the Palestinians had cultural barriers to success, but of course many people outside that room heard what he said. He extended the comparison to cross-border differences between the U.S. and Mexico, which are real. But resting the explanation for that difference on culture – rather than on rule of law, accountability, land-ownership patterns, and so on – can be tricky when it is heard by the many U.S. citizens who are proud of the American system but also of their Latino cultural identity. [Elsewhere, Fallows wonders how Romney could have quoted Jared Diamond without having his advance men reach out to the scholar and do some ego-stroking. Diamond later wrote an op-ed piece shaking his head at what Romney said. Iron ore? Huh? -mfm]
Here is the point I am building to. Three months before the election, it is fair to wonder about Mitt Romney’s basic skill level as a politician. I am not talking policy and substance, which I will do later. I’m talking about the counterpart to what coaches call “overall athleticism,” “court vision,” “ball sense,” even “football IQ.” In politics this includes an ability to read audiences, to self-edit and self-correct in real time, and to sense effortlessly how your words will sound to people on the other end.
The other problem is that Romney’s key economic advisers are in a tight squeeze given his campaign promises. Now many of those decisions -the delusion that a .33 vs a .36 marginal rate on those whose income tops $250,000 per year will make a difference, death panels, long form birth certificates and the like- are part of the broader conservative Zeitgeist. But cooking up a plan that partially finances a rate reduction for the rich with middle class tax increases and ballooning long term deficits for the remainder is especially dubious. Such nuttiness has the effect of driving out some number of sensible people from your circle --and worse, damaging the judgment of others. Professor Brad DeLong complains: The Council of Economic Advisers chairs of the George W. Bush administration–Glenn Hubbard, Greg Mankiw, and Eddie Lazear–surely did not go to Washington to be shills for policies that would slow economic growth. Yet that is what they did, and if they had any positive impact on the policies actually pursued by the George W. Bush administration, I do not see it. By my reckoning, they now owe us bigtime: Lazear ought to be trying to settle his account by pushing for aggressive labor-matching reemployment policies and for preserving the end to health-insurance job lock in RomneyCare–excuse me, ObamaCare. Mankiw ought to be trying to settle his account by pushing for a restoration of the price-level path to its pre-2008 trend and a carbon tax. And Hubbard ought to be trying to settle his account by pushing for retention of RomneyCare–ObamaCare–policies to bend the cost curve, and pushing for aggressive government-sponsored mortgage refinancing policies. Yet of the three, only Hubbard has stepped up to the plate in a manner visible to me, and only on the last. The big problem with Romney -the elephant in the room- really isn’t Romney. It’s the reality that to become a Washington Republican you either have to be crazy or simulate crazy. Serious thinking has been pushed to the hinterlands. Look what happened to Bruce Bartlett. This was the guy that designed Reagan’s first tax cut. Yet when he made some rather mundane observations about governmental spending in the 2nd Bush administration he was sent to the cornfield.