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.For them, this is a big deal as they haven't endorsed the Republican nominee in forty years. So, at least as far as newspaper endorsements go, this could be the endgame.
The president’s prescription upon entering office was a dose of government stimulus, which was the right call because it put cash in the pockets of consumers, made investments in vital infrastructure and kept millions of teachers and police officers on the job.
That stimulus was necessary to bridge the nation from recession to recovery, but the time is past for more government stimulus.
Consumers must feel more confident about their own economic futures to begin spending on the products and services that power the economy. A renewed sense of confidence will spark renewed investment by American companies. Industry will return to full production and hiring will begin again.
That should come with Mitt Romney in the White House.
Saturday, October 27, 2012
Their Man Mitt
Why the Des Moines Register is endorsing Mitt Romney: