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Citing "crisis-hit US", the Brit financial daily endorses Obama in the 2012 election.

Yet tomorrow’s election is arguably as important as any since 1980, when Ronald Reagan’s victory accelerated a shift to deregulation and supply-side economics. Today, after the Great Crash of 2008, the US economy is recovering, albeit too slowly for many Americans out of work or in search of a decent-paying job. US pre-eminence is under threat in a world where advanced knowledge is widespread and low-cost labour readily available. In Afghanistan, the Middle East, north Africa and the South China Sea, America’s resolve is being tested.
FT warily says that Obama has been "cool" to business but gives him good grades on recovering from the "misadventures" of the Bush administration and credits him for being on the right side of Arab uprisings.

FT worries about the foreign policy statements of Mitt Romney and call him "needlessly belligerent", and dislike the NeoCon hue of his foreign policy advisors.

Lukewarm, but it's there. And, it's warmer than the eondorsement from the similarly Brit Economist.

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