Ryan is Chair of the House Budget Committee and his pick signifies the campaign will continue to be on economic management. Romney is a fair way behind Obama in the polls. The choice of Ryan will help him, and he will be a contrast to the bumbling Biden. However at the end of the day people vote for the P, not the VP.
The NY Times reports:
The decision instantly made the campaign seem bigger and more consequential, with the size and role of the federal government squarely at the center of the debate. It was a choice intended to galvanize the Republican base and represented a clear tactical shift by Mr. Romney, who until now had been singularly focused on weak job growth since Mr. Obama took office.
“There are a lot of people in the other party who might disagree with Paul Ryan,” Mr. Romney said in announcing his vice-presidential candidate. “I don’t know of anyone who doesn’t respect his character and judgment.”
When Mr. Ryan bounded onto the stage to join Mr. Romney, against a backdrop of the retired battleship Wisconsin, he carried a generational message; at 42, he is 23 years younger than Mr. Romney and is the same age as Mr. Romney’s oldest son. Neither man has military experience or much background in foreign policy.
If Romney and Ryan do not win, Ryan may be well placed in 2016. He may stand for the House again also, as allowed to under Wisconsin law.