Because he's more competent and better understands how the economy works.
I see. If he wins I hope you're correct. The last MBA (and only MBA) to hold the office of POTUS was George W. Bush. Romney has already signaled he would cut regulations and taxes suggesting this is the panacea for all that is bad in the world. Bush did and the results have not been Utopian.
Romney has also pandered to the far right, neo conservatives element, which brought us the nation destroying and failed nation building in Iraq. Romney has promised to end "obamcare" on day one, how will he be able to do so is anyone's guess. He has made veiled threats to Iran yet has no foreign policy experience and suggested a trade war with China.
If Romney understands the economy so well, why does he act as if has no clue? He talks the talk (not as well as Obama) but Romney has yet to walk the walk. Obama has been quite successful in ending our Iraq Problem, making NATO do the dirty work in Lybia, keeping economic pressure on Iran and pushing the UN on Syria. What would Romney do (has he said anything) about Russia's support of Assad?
One final and critical issue is Romney's unwillingness to publish his taxes. Failing to do so is evident he is hiding something which he does not want the American voter to know.
I don't care about someone's taxes, just like I don't care about someone's college transcripts.
I have no problem with Obama's foreign policy. I think he's been decent, in fact. Not great, but decent, and certainly many times better than the past President. But this election is on the economy. And on that count, Obama has been very poor.
Obama and the Democrats are not to blame for this mess. And we will start to accelerate out of this mess around 2014 or so no matter who is President. However, I believe Obama's policies are impeding the recovery. Uncertainty, regulations and an anti-business environment are causing businesses, in part, to sit on their hands. That's not entirely his fault, or even mainly his fault, but he is contributing to it.
I also believe Obama is abdicating responsibility on the fiscal state of the nation. Bush and the Republicans are to blame too, but I see no leadership whatsoever from Obama and the Democrats. In fact, they are making it worse, with ACA, and offering no long-term plan whatsoever on the fiscal problems confronting this nation. In fact, they are demagoguing the issue, beating Republicans over the head on Medicare for short-term political gain. Medicare, Medicaid and the ACA are fiscal time bombs that threatens the health of the nation. Currently, federal government spending is 24% of the economy. With no reforms, it will rise to 37% by 2040, and total government spending will be above 50%. We will most likely not have to wait that long before some sort of fiscal or currency crisis hits America however. Obama and the Democrats offer no solutions.
Regulation has also been poor. I think we should have
better regulation of the financial system, and I was originally in favor of Dodd-Frank, at least conceptually. But the more I have read about it, the worse I think it is.
So I'm looking to Romney almost by default. I'm not a big fan of Romney, and ideally, I wouldn't let anyone from Wall Street within the Beltway, let alone the White House. I supported Democrats pretty much across the board from 00 through 08, even when I didn't agree with them because Republicans were so bad. However, when I see how bad Obama has been, and how awful the Democrats have generally behaved, I don't think there is an option today. I'm not voting for a party. I'm voting for a man. Romney is wooden and doesn't connect well, but he is a brilliant technocrat and manager. I've met many people who worked for him at Bain and they all say the same thing - extremely smart and competent. Obama is extremely smart but he isn't competent. He never ran anything in his life, and it shows.
So when I look at the options in the following light:
The election is about the economy. I have a choice between two candidates
1.) An enormously successful businessman, who turned around multiple businesses and the Olympics, and who understands what businesses need to grow and hence add jobs, or
2.) A President who has been poor on the economy, whose background was as a legal academic and community organizer
To me, there is no choice.
The argument that Romney isn't qualified because he loaded companies up debt that went bankrupt is nonsense. First, most of Romney's businesses were very successful. Under his tenure, Bain invested in 270 companies, 12 went bankrupt while 190 improved profitability. Second, even if you believe the charges, he
still understands business and the economy better than a constitutional academic and community organizer.
So it's Romney.
