In 2012, when Romney did win the nomination, President Obama was popular enough, and the economy doing well enough, for him to win reelection.

Now, after two terms of Mr. Obama, 2016 should – in theory – be the Republicans’ turn to capture the White House. There are no guarantees, but the playing field should be more hospitable to the GOP than it was in 2008 and 2012.

The question is: Will the Republican Party maximize its chances by nominating its strongest candidate for the general election? Were he to run, Romney would have to be considered a top-tier candidate. He can raise a ton of money, he’s got gobs of national experience, his background is well-vetted, and his personal life is squeaky clean. Post-2012 polls have suggested a hint of buyer’s remorse among some Obama voters.