Laura Ingraham's suggestion that the Republican Party can reposition itself for victory in the future by returning to its core "principles" would be laughable if not for the bizarre understandings of political reality contained in such a prescription.
Ingraham should not be counted as an elite decision maker on the Right; however, the Tea Party GOP is a party where Fox News and its propaganda apparatus are dictating policy. The result has been a fantasy world where its believers, and the Republican leadership, are insulated from reality.
The second consequence of the Right-wing media industrial complex's influence on the Republican Party is that mediocre talents which are "entertaining" for the mouth-breathing base, and who are better suited as cheerleaders, are elevated to the role of quarterback. Such a strategy will not ensure victory in the long run. Moreover, such a strategy encourages political dysfunction and undermines American democracy because ideological purity and extremism are preferred over the pragmatism and horse trading upon with good governance is dependent.
Mitt Romney's race baiting, and efforts to gin up white racial resentment against President Obama backfired. Thus, they helped to contribute to his defeat last Tuesday. While Romney's use of the Southern Strategy 2.0 helped him mobilize support among white voters, this strategy likely pushed away some Independents, and motivated people of color to turn out in record numbers against him.
The pundits on the Right seem unable to grasp how changing demographics, combined with their embrace of a de facto "whites only" set of policy initiatives, have pushed the Republican party towards obsolescence.
The second problem with Ingraham's suggestion that the Right should go back to its "core values" is one of selective memory and delusion caused by their version of the "noble lie."