After surprising many political observers by spending the last month acting as if he was a candidate for president in 2016, Mitt Romney surprised us again today by announcing that he won’t run. Coming as it did after weeks of negative reviews about his proposed candidacy from top Republican donors and pundits, it’s not a total shock. That’s especially true coming as it did the day after we learned that David Kochell, a key supporter who had run Romney’s Iowa campaign in 2012, had defected to the Jeb Bush camp. Romney’s exit is a boost for Bush as well as making a Chris Christie run more likely. But even without Romney, the GOP race is still wide open.

Though Romney’s message stated that he wasn’t going to run, it contained enough caveats to make it clear that he would have preferred to stay in and thought he was the best possible nominee. He’s right that his chances should not have been mocked. Even if he didn’t ultimately win, can anyone doubt that he would have raised enough money to run a plausible campaign or that he would have been the frontrunner in New Hampshire? Nevertheless, Romney made the right decision. By sparing himself a humiliating defeat next year, he preserves his standing as a party elder statesman even if he’d prefer to still be its leader. But his regrets notwithstanding, his absence from the field gives a clear advantage to Bush in the competition for establishment donors looking to keep the nomination from falling into the hands of a more conservative candidate.

But as I wrote last week, Bush’s status as the nominal front-runner is not discouraging a plethora of Republicans from jumping into the race even if many of them, such as Carly Fiorina and Senator Lindsey Graham, haven’t a prayer of actually winning. In particular, it will make it easier for Christie to make his case as the alternative to a third Bush presidency for mainstream Republicans even if the odds remain stacked against him winning.

Even without Romney, the crowded field makes for an unpredictable race. Unlike in 2012, when Romney easily defeated a group of obviously implausible presidential contenders, the 2016 crop of GOP candidates is filled with serious and potentially formidable candidates. Scott Walker, Rand Paul, Marco Rubio, and Ted Cruz will provide formidable competition for Bush and Christie while less likely candidates will also be heard from.

The Romney decision, just like Jeb Bush’s announcement about exploring a campaign last month, shows that the 2016 race is already in full swing. Those thinking about the presidency can’t hesitate too much longer. By the spring and certainly the summer, it will already be too late for anyone to make a competitive run. The two-year marathon for the White House has begun in earnest.

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