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A quick look at Bloomberg News's opinion section

November 7, 2012 For more, visit
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ELECTION REACTION

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Michael Kinsley
"Today is the day of the Great Pundits Pivot." Before the election, "the point is not to be right; the point is to be bold." After the election "the world of punditry turns briefly and bizarrely quiet. . . . The goal is to produce a theory that implicates the entire nation, or indeed the world and known universe in the result, whatever it may be. And it matters even less whether you are right or wrong than it did before the election."
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Peter Orszag

Now that the election is over, President Barack "Obama has an opportunity to make necessity his friend and cut a path-breaking fiscal deal -- but doing so requires him to navigate several major obstacles. . . . Despite the president's winning margin in the Electoral College, the political configuration is basically status quo. . . . The most promising approach may be to compromise on Social Security."

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Edward Glaeser

"Colorado and Washington became the first states to legalize marijuana for recreational purposes yesterday. . . . I have always wondered why there hasn't been more support for a more localized, even Nimbyist, approach toward drug policy." The Nimbyist "doesn't really care what others do in the privacy of their own homes. But he doesn't want marijuana use in his backyard."
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Margaret Carlson

What should Mitt Romney do now? "Save his broken party. He has the organization and, of course, the money to do it. . . . An absence of purpose is what makes me feel sorry for Romney. Running is not a life, and he has been doing it for six years."
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Ramesh Ponnuru

The election's lessons for the Republicans are "fairly obvious. Don't think you can run up margins among whites so big that you don't need anyone else. Offer some ideas that middle-class voters might think will help them out -- especially if you've done really well from the financial economy."
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Josh Barro

Mitt Romney's "lack of a fleshed-out middle-class jobs agenda was compounded by his 47 percent gaffe -- Romney didn't make a clear case that he would improve the lives of those who are struggling, and he gave them reason to believe he didn't care that they are struggling."

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Shikha Dalmia

"Unions went for broke in Michigan and they lost big time" when voters defeated a measure that would have barred Michigan from becoming a right-to-work state. Unions "were field-testing a strategy to take back existing right-to-work states that allow legislative action through ballot referendums. If anything, however, they hurt their cause."

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Read more breaking commentary from Bloomberg View columnists and editors at the Ticker

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