Sunday, October 28, 2012

The Des Moines Register Endorses ...

Romney.  For the first time in 40 years, this Iowa paper backs a Republican for the Presidency.  Hope and change, folks, because it's about the ECONOMY.  Anyway, add this to the growing list of papers who went for Obama in 2008 and are now endorsing Romney.  I know, I know, newspaper endorsements in themselves don't really sway the undecided reader, but I find them fascinating this time around as an exhibit of a preference cascade among the editorial boards.  As for the Des Moines Register in particular, I think we all kind of saw this coming.  By the way, here's a piece of its official endorsement:

The nation has struggled to recover from recession for the past 40 months. Still, the economy is growing at an unacceptably anemic rate of around 2 percent a year and could slip back into recession depending on what happens in the European Union and China.  
The workforce is still 4.5 million jobs short of the nearly 9 million that were lost in the recession. Longer term, looming deficits driven by Social Security and Medicare pose the single greatest threats to the nation’s economic security. 
The president’s best efforts to resuscitate the stumbling economy have fallen short. Nothing indicates it would change with a second term in the White House.
... Throughout the campaign, he [Mitt Romney] has expressed faith in the private sector to fuel a more robust economic recovery if it has more confidence that the federal government will not be an obstacle. Romney has a strategy for job growth through tax and regulatory relief for small businesses, encouraging all forms of domestic energy production, education that prepares graduates with job skills, expanding foreign trade and reducing the burden of federal deficits.
That formula, coupled with his business acumen, should unlock this nation’s economic potential.

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