It involves grading on a curve, yes, but it continues to be the case that for a man pandering to the Republican Party’s conservative base, Mitt Romney is mighty sensible. Not only has he come out against birthers, he’s staying reasonably reasonable on monetary policy:
Despite Kudlow’s often combative questioning, Romney stuck relentlessly to his economy-and-job-creation message, refusing to criticize Ben Bernanke even as the Federal Reserve’s monetary policy has become a frequent target on the right.
“I think Ben Bernanke is a student of monetary policy; he’s doing as good a job as he thinks he can do,” Romney said when Kudlow asked what kind of job Bernanke is doing. “I’m not going to spend my time going after Ben Bernanke. I’m not going to spend my time focusing on the Federal Reserve.”
That’s not my view, as you know, but it’s head and shoulders better than Tim Pawlenty’s crank monetary policy.