The Economist endorses Obama

heingerous

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Thursday November 01, 2012 · 11:49 AM PDT

2012/11/01 · 11:49

In a somewhat backhanded compliment, the Economist - a traditionally conservative and pro-business economic magazine- has thrown in their support to Obama. The piece is more of a take-down of Romney than a celebration of Obama, but here's the conclusion.

As a result, this election offers American voters an unedifying choice. Many of The Economist’s readers, especially those who run businesses in America, may well conclude that nothing could be worse than another four years of Mr Obama. We beg to differ. For all his businesslike intentions, Mr Romney has an economic plan that works only if you don’t believe most of what he says. That is not a convincing pitch for a chief executive. And for all his shortcomings, Mr Obama has dragged America’s economy back from the brink of disaster, and has made a decent fist of foreign policy. So this newspaper would stick with the devil it knows, and re-elect him.

Not exactly a ringing endorsement, but their takedown of Romney is based upon his predilection for changing his stances. See more below the orange croissant. Read More

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