Morning Jay: The 'Bain' of Romney, or Obama?

Jay Cost: The Weekly Standard

excerpts:

• There is dissension in the Democratic ranks on President Obama’s reelection strategy. His campaign team has decided to focus on Mitt Romney’s time at Bain Capital
• much more interesting is how terribly lame Team Obama’s strategy is... There are two, enormous problems with this.
• First, Team Obama does not enjoy a monopoly on defining Romney. The latter will have more than a little say in how the public comes to view him. And – contrary to what you might read in the lefty blogs and the Washington Post – he actually has a good story to tell.
• Second, it’s not so much that Team Obama is using Bain, which would be an inevitable part of any campaign (Democratic or Republican). It’s rather that they have so little else to work with. What is the positive message of the Obama campaign? What is the vision for a second term? 
• just in case you think this “radical GOP” meme really has some underlying purchase on what’s happening, remember that the Beltway establishment said the exact same thing about the 104th Congress, elected in 1994. Yet Clinton dealt with them, producing a balanced budget, tax cuts, a line-item veto, health care portability, and welfare reform.

In other words, it's blame the other guys.   He has nothing positive to run on.