If this has been covered, my apologies. Though the endorsement of Obama by The Economist magazine isn't earth-shaking news, the text of the endorsement is interesting, as are the predictable reactions from the usual GOP suspects.
From the Forbes article on the subject (emphasis mine):
The problem for the magazine was that there were too many versions of Romney—and, as they have outlined — those versions come with a lot of dangerous ideas, including:
Foreign Policy: On foreign policy matters, Romney seems too ready to bomb Iran and he has vowed to label China a currency manipulator, something the U.S. Treasury Department has said China is not.
Government Spending: Although he would slash red tape on the domestic front, Romney said he wants to start with huge tax cuts yet again and dramatically increase defense spending. With what revenues? Magazine editors said, “He is still in the cloud-cuckoo-land of thinking that America’s finances can be dealt with entirely through spending cuts. Backing business is important, but getting the macroeconomics right matters far more.”
Economy: Romney has an economic plan that works only if you don’t believe most of what he says.
Oooh, that's gotta hurt.
On the Fox Business Channel Stuart Varney went on an epic rant. I haven't found a link or transcript yet, but it is good for a giggle if you, like me, enjoy watching wingnuts squirm.