World Business News

Saturday, 3 November 2012

Obama Vs Mitt Romney: Who will win?




I hope you have all heard about a big election going on across the Atlantic Ocean. The ripple effects of this result will be felt all around the world as the worlds superpower decides who it will ask to guide its economy for the next 4 years. There are many issues being fought over in the election which you can see here. However, for many it is a straight choice between a republican candidate accused of flip flopping and a democratic president accused of not bringing forth the promised change of his first election. America will make its choice and we will just have to wait and see. The BBC has an awesome Poll tracker you can use by just clicking the image above but you can see just how close the race is!

When it comes to economics these two candidates have quite polar views (depending on the crowd being addressed by Mitt Romney sometimes...) and although we might think it will not affect us Americas economy is so large it allways will. They have a great deal of debt especially to China and so they need to be paying this off. They are also responsible for a great deal of global demand for products and services along with producing a lot themselves. The world needs a growing US economy, the question is which candidate will give us this? I can't be biased here but I have an opinion. Do any of you have one?

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