Monday, November 5, 2012

Why did the Financial Times and other defenders of the free market endorse Obama? Because Romney can't be trusted

Free market defenders agree: Vote Obama

"For both [the Financial Times and The Economist], the primary issue comes down to trust. Romney’s constant shifts in ideology make it difficult to believe in anything he says. Even worse, if you take him at face value right now, he makes no sense.

"The Financial Times:
The more serious objection to Mr Romney is that he has gone through so many contortions to win his party’s nomination that it is hard to see how he would govern in practice. His wishlist includes an aspiration to raise Pentagon spending by a fifth while cutting everyone’s taxes and still somehow balancing the books. Such fiscal alchemy is an exercise in evasion, not a recipe for sustainable economic recovery.
"The Economist:
Obama’s shortcomings have left ample room for a pragmatic Republican, especially one who could balance the books and overhaul government. Such a candidate briefly flickered across television screens in the first presidential debate. This newspaper would vote for that Mitt Romney, just as it would for the Romney who ran Democratic Massachusetts in a bipartisan way (even pioneering the blueprint for Obamacare). The problem is that there are a lot of Romneys and they have committed themselves to a lot of dangerous things."

No comments:

Post a Comment