I agree completely with Munger here:
Why do I care about this? Well, I want to question the idea that the economy is helping (or at least not hurting)Obama. I want to question the assertion that campaigns don’t matter because the economy is everything.
BHO is going to win in November DESPITE the economy, largely because Romney is a terrible candidate who is running an undisciplined, juvenile, brain-damaged campaign.
And that matters.
Professor Munger will be coming for a visit to Rochester in November. All will be invited.