The Political Junkie offers an outside-looking- in view of the US. Each day, we will highlight news and opinion pieces from around the world that are focused on US politics and policy. Agree or disagree with the opinions you will read but take a few minutes to see yourselves as others see you.
The presidential campaign has presented two very different approaches.
This page rejected the approach of cutting taxes, slashing federal
spending, and deregulating the banks and business, even before Mr.
Romney made those Republican chestnuts his agenda. Never-ending tax cuts
and excessive deregulation have been tried and have proved disastrous.
Spending cuts in a slow economy are self-defeating, as is being amply
demonstrated in Europe.
Mr. Obama has asserted his employment agenda, including school and
infrastructure rebuilding and aid to states to hire teachers. This was
detailed in his jobs bill from last year. He has also vowed a
responsible approach to deficit reduction, including preserving tax cuts
for most Americans while letting the high-end Bush tax cuts expire.
Such approaches would work, but time and again they have met with a
stone wall from Republicans, who have been determined to keep the
economy as weak as possible to hurt Mr. Obama’s campaign. The
Republicans’ last-minute tactic has been a cynical one — to make it
clear that they will continue obstructing Mr. Obama if he wins. That is a
hollow argument for Mr. Romney. And it does not change the fact that
Mr. Romney has no good ideas and Mr. Obama has plenty.