Monday, 1 October 2012

ECONOMISTS TILT TOWARDS ROMNEY

NEW YORK (CNNMoney) -- Economists think Republican presidential candidate Mitt Romney would be better for the economy than President Obama. But they're not very enthusiastic about either of them.
Nine of 17 top economists surveyed by CNNMoney picked Romney when asked who's election would help the economy grow more. Only three picked Obama.

But the remaining five made no pick, with several suggesting
neither would provide much of a lift to the sagging economy.
"Obama doesn't really understand business and Romney doesn't really understand how to govern. So pick your poison," said Gary Rosenberger of EconoPlay, one of those surveyed who refused to give a pick.
And many of those picking Romney were more critical of, as opposed to excited about, the Republican challenger's plans.
"Romney's policies would likely be less bad for the economy than Obama's," said Bill Watkins, executive director of the Center for Economic Research and Forecasting at Cal Lutheran University.

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