[nuconvert]

“There’s no evidence he’s backing away, and if he does it in the near future, people will rightfully see it as another flip flop from him.”

He sounds like he’s trying to start backing away from it to me. As for another flip flop, if he presents a good case for why it didn’t work & wouldn’t work on the Fed. level, I think people would see it as honesty coming from direct experience with it.

If he doesn’t admit that it was an experiment that didn’t work, he has no chance.

[Lakeshark]

The problem is, he didn't back away in his speech last week, he affirmed his decision. Please find some language where he is backing away, because there is none.

When Rush, the Wall Street Journal, National Review, and virtually all stripes of conservative bloggers are poking fun at you for your stance (all at the same time), it's not a good thing if you're trying to win the GOP nomination.

Frankly, I'm glad, he put himself into this pickle and has to lay in the brine.

[Tax-chick]

if he presents a good case for why it didn’t work & wouldn’t work on the Fed. level, I think people would see it as honesty coming from direct experience with it.

I agree. He could say, "I thought this would work. Dang it, I was such an idiot! Now I know that this kind of government intervention in free markets and individual lives is both totally wrong and massively ineffective. I commit myself to dismantling every possible government bureaucracy, repealing interventions in free markets, and working to restore a republic of maximum freedom and minimum government. Who's with me?!?"