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...Given that choice, Michigan primary voters, who picked McCain over Bush in 2000, abandoned their hero in droves. The result was a decisive victory for Romney, who took 39% of the vote to McCain's 30%. (Former Arkansas governor Mike Huckabee won 16%.) "Tonight," Romney declared in Southfield on election night, "marks a victory of optimism over Washington-style pessimism...

Author: /time Magazine | Title: Can the Economy Save Mitt Romney? | 1/17/2008 | See Source »

...Romney, attuned to the state's love-hate relationship with Washington, promised to protect Detroit from higher government fuel-efficiency standards. But in a move that may not play so well with small-government Republicans outside the state, he also suggested that the feds could be Detroit's savior, by bringing in billions in new federal investment. At a rally in Grand Rapids, Romney demanded to know, "How in the world can the Federal Government sit back and watch a state suffer year after year after year...

Author: /time Magazine | Title: Can the Economy Save Mitt Romney? | 1/17/2008 | See Source »

...Romney 3.0 What happened in Michigan may be a signal of how the presidential race unfolds in the months to come, first as each party picks its nominee and then as the two winners square off in November. The pocketbook is back in a big way on the presidential campaign trail, rocketing past the Iraq war to the top of voter concerns. "For every candidate in either party, this is the supermarket-checkout moment: Do you get it? Do you understand what people are going through?" says Bruce Reed, who ran the policy shop for Bill Clinton...

Author: /time Magazine | Title: Can the Economy Save Mitt Romney? | 1/17/2008 | See Source »

...Romney, the Harvard M.B.A. and longtime venture capitalist, has always been more comfortable talking about economics and solutions than social issues or foreign policy. With its punishing 7.4% unemployment and its automobile industry in a tailspin, Michigan was as friendly an environment as he was likely to find. It is one of only two states in the country that lost population last year, as job seekers fled elsewhere, and the only one in the country with a shrinking gross domestic product. Macomb County, whose swing voters were the original "Reagan Democrats," once led the state in housing starts...

Author: /time Magazine | Title: Can the Economy Save Mitt Romney? | 1/17/2008 | See Source »

...then there were the candidate's boyhood roots. Romney grew up in opulent Bloomfield Hills, outside Detroit, at a time when Michigan was one of the most prosperous states in the nation. His famously moderate Republican father George had been elected governor three times in the 1960s and had run against Richard Nixon for the G.O.P. presidential nomination in 1968. Even after 40 years, the family name retained some brand value. At every stop he made in his Mitt Mobile (a souped-up RV), Romney drew on his memories of those days and reminded voters that if elected President...

Author: /time Magazine | Title: Can the Economy Save Mitt Romney? | 1/17/2008 | See Source »

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