Quote of the day (from a Republican)

"For 20 years now, the GOP has been giving away the votes of professionals, upper-income non-whites, college-educated women, and other comparatively economically successful groups.

The party has rebased itself on the votes of whites without a college degree. Mitt Romney must gain almost two-thirds of their vote in 2012 to have any realistic hope of winning the White House.

Non-college whites are the most alienated and pessimistic group in the electorate and also the most nationalist. They may resent the "foreigner" Barack Obama, but there is one thing they hate even more: outsourcing—and those who do it.

Tanner is right that free trade, including outsourcing, raises national income in the aggregate. But it does not raise the incomes of each and every one of us individually. Trade creates losers as well as winners. John Stuart Mill proposed a solution to this conundrum more than 150 years ago: trade freely, then tax the winners to compensate the losers. That solution is not congruent with the Cato Institute philosophy. Result: losers and prospective losers—and they know who they are!—fear outsourcing. The losers and prospective losers also happen to provide the GOP with much (or most) of its voting muscle.

You want to change that dynamic? You'll have to reorient the party to a new voting base—one that does not thrill to the music that the Romney campaign has been playing all this week." --David Frum, former writer for George W. Bush

Link to original article here: http://www.thedailybeast.com/articles/2012/07/18/defend-capitalism.html?utm_source=dlvr.it&utm_medium=twitter

On David Frum: http://en.wikipedia.org/wiki/David_Frum