HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Good Reads (Forum) » "Shellshocked" ...
Introducing Discussionist: A new forum by the creators of DU

Fri Nov 9, 2012, 12:17 PM

"Shellshocked" Mitt Romney and the Problem With Rich Guys (Matt Yglesias)

http://www.slate.com/blogs/moneybox/2012/11/09/shellshocked_romney_and_the_trouble_with_rich_guys.html

As a lot of people have noted, it's pretty weird that Mitt Romney was "shellshocked" by an electoral defeat that was widely predicted by public opinion surveys, betting markets, and The New York Times. That Romney fell prey to a certain amount of wishful thinking and thought he was going to win is very understandable. But surely some awareness that the consensus prediction of third party observers might come true should have penetrated into his inner-circle right? And isn't Romney supposed to be some kind of data-wizard genius investor businessman?

To speculate a bit, I think that people underestimate how problematic it can be to walk around life being a rich guy. The problem with being rich is that everyone stops telling you what they think and starts trying to get your money. You necessarily end up living your life in a fog of flattery and misinformation. And worse, because Americans genuinely admire rich people even people who aren't flattering you tend to give undue deference to your bad ideas. Live in that bubble for long enough—and Romney's been in it for a long time indeed—and you can end up pretty unmoored from reality.

6 replies, 1647 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 6 replies Author Time Post
Reply "Shellshocked" Mitt Romney and the Problem With Rich Guys (Matt Yglesias) (Original post)
swag Nov 2012 OP
1StrongBlackMan Nov 2012 #1
KurtNYC Nov 2012 #2
Mme. Defarge Nov 2012 #3
C_U_L8R Nov 2012 #4
santamargarita Nov 2012 #5
zentrum Nov 2012 #6

Response to swag (Original post)

Fri Nov 9, 2012, 12:21 PM

1. Great Piece ...

that should be well received by anyone that has worked in corporate America, in a non C-Suite level.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to swag (Original post)

Fri Nov 9, 2012, 12:23 PM

2. "shellshocked" is the wrong term for a spoiled man child who has never fought for anything

I think a better term would be "spanked"

Reply to this post

Back to top Alert abuse Link here Permalink


Response to swag (Original post)

Fri Nov 9, 2012, 12:41 PM

3. Good points, but

I'm convinced Romney, Rove and the inner circle were already celebrating, with no "Plan B," because they believed the fix was in.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to swag (Original post)

Fri Nov 9, 2012, 01:06 PM

4. Romney was well prepared to lose...

look how fast he got the credit cards turned off.
That takes a bit of advance planning.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to swag (Original post)

Fri Nov 9, 2012, 01:29 PM

5. He thought they would buy it and that's it!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to swag (Original post)

Fri Nov 9, 2012, 08:28 PM

6. Not to mention the Mormon White Horse

...Prophecy in which Romney believed he was the anointed One.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread