It is doubtful that an Obama reelection will improve your well-being in the UK. He has done nothing to speak of that would point to a different tact in a second term if he should be elected. In fact US fiscal policy over these past four years has rather added to an increased risk of a global economic calamity.
Osbourne recently spoke of a triple threat to the global economy. The continued growth of US debt, uncertainty in the Eurozone and a slowdown in emerging market economies. Unfortunately, Osbourne is not the only one to say this.
The battle being waged to set this right is between those advocating that austerity measures be taken, versus those that see the way forward by stimulating economies through continued debt spending.
If you believe a recent IMF assessment, increasing taxes and curtailing spending will lead to falling GDP growth and require governments to borrow more, thereby increasing their debt. All seem to agree however that debt in an economic time bomb, with only two options available: reduce it or deal with the consequences.
Your wish for Obama to be reelected would seem to indicate your desire to see our country increase tax rates while continuing to spend us further into debt. Do you have another reason to hope for Obama's reelection?
Firstly i don,t wish to see your debt go up. I want his reelection because firstly due to my liberal view agree in balanced approch to a budget. Meaning i think debt needs to come down but also that rich should pay they fair share of taxes.
In uk george osbourne apporch has not worked. We cut to fast and its been flatlining mostly in terms of growth Their very little job creation and i don,t see the balanced approch needed to create jobs. Much of british media now saying he going to do a statement in winter saying he might need to borrow money to create growth. Which is thing he spent years saying he would not do. In uk he also very unpopulur because everyone can see he has no plan b.
we need to cut the debt but not as fast as osbourne being doing. He has no plan b behind his plans which is why been so little job growth.
but look i am not big fan of debt and i am sure a president romney want to come down. but i disagree with cutting too fast though
but look i respect your views and if romney wins i wish him the best of luck. a strong america is good for rest of the world