Economist Endorses Pres. Obama

xbook · 11-01-2012, 08:34 PM

Like the title says, the magazine "The Economist" has come out with an endorsement of President Obama to have another term as president.

Economist Endorses President Obama

Hopefully this will sway some undecided voters to give their vote to President Obama. While for some others, I believe this means that they will be canceling their subscription to "The Economist".

Thoughts?

MiddleAgedAl · 11-01-2012, 09:45 PM

My thoughts ?

Obviously hardcore partisans will interpret things differently. Perhaps some pro-Obama types will read that article as a ringing endorsement, but what I got from the article was not that Obama is some superstar who is worthy of their unreserved endorsement, but rather that of the two horrible choices available, Obama is still not great, but he sucks a bit less than Romney does.

I cant help but wonder, given a pool of >300 million people to draw from, is it really that hard to find 2 people who both have the potential to be great? To get to the point where some entity like "The Economist" does not have to frame the choice as the lesser of 2 evils ?

Dont the people deserve better than that ? Perhaps that's a naive expectation. I've had the good fortune to work under some fantastic leaders, (and under some lousy ones). Without being terribly presumptuous, I think I'm accurate in suggesting that those I'd class as fantastic would have no interest at all in running for public office.

josephr25 · 11-01-2012, 10:16 PM

I don't think it's going to change the minds of the most dug-in Rep or Demmy. It was an endorsement on the lines of "Obama's not that great, but Romney's worse." It sure didn't change my mind.

smohr33 · 11-02-2012, 07:56 AM

According to former editor Bill Emmott, "the Economist's philosophy has always been liberal, not conservative."

This is almost as suprising as a Romney endorsment from Fox News.

ideliver · 11-02-2012, 11:20 AM

Quote:

Originally Posted by smohr33

According to former editor Bill Emmott, "the Economist's philosophy has always been liberal, not conservative."

This is almost as suprising as a Romney endorsment from Fox News.

as someone who reads The Economist weekly, I would not classify them as either...

They are in support of free markets, science, and personal freedoms...

It's just too bad that our current President does not support free markets...However, Gov Romney is seen as someone not supporting science or personal freedoms and this contributed to their decision I believe

ZaraGSPBMW · 11-05-2012, 05:21 PM

The Economist is a good weekly for providing a different view…especially a European view of the world. I read it regularly. They have a largely Keynesian approach to economics and thus why I suspect their endorsement of Obama. In the Keynesian world, Obama is their man. Romney, to me, isn’t Uber-Keynesian, but less than Obama. The Economist in a few issues back predicted that a second Obama term would see more ideological moderation (a move more to the center) and more working compromises with congress. I believe this is the reason they endorsed Obama. Additionally, the majority of Europeans just don’t like Romney.

11-01-2012, 08:34 PM	#1
xbook Major Drives: '10 AW E82 & '06 BRG/W R53 Join Date: Nov 2008 Location: Northridge, CA Posts: 1,477 iTrader: (0) Garage List 2008 E82 [0.00]	Economist Endorses Pres. Obama Like the title says, the magazine "The Economist" has come out with an endorsement of President Obama to have another term as president. Economist Endorses President Obama Hopefully this will sway some undecided voters to give their vote to President Obama. While for some others, I believe this means that they will be canceling their subscription to "The Economist". Thoughts? __________________
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11-01-2012, 09:45 PM	#2
MiddleAgedAl Second Lieutenant Drives: M3 Join Date: Jul 2010 Location: sitting down, facing the keyboard Posts: 284 iTrader: (0)	My thoughts ? Obviously hardcore partisans will interpret things differently. Perhaps some pro-Obama types will read that article as a ringing endorsement, but what I got from the article was not that Obama is some superstar who is worthy of their unreserved endorsement, but rather that of the two horrible choices available, Obama is still not great, but he sucks a bit less than Romney does. I cant help but wonder, given a pool of >300 million people to draw from, is it really that hard to find 2 people who both have the potential to be great? To get to the point where some entity like "The Economist" does not have to frame the choice as the lesser of 2 evils ? Dont the people deserve better than that ? Perhaps that's a naive expectation. I've had the good fortune to work under some fantastic leaders, (and under some lousy ones). Without being terribly presumptuous, I think I'm accurate in suggesting that those I'd class as fantastic would have no interest at all in running for public office.

11-01-2012, 10:16 PM	#3
josephr25 Major Drives: 2008 E92 335i Join Date: Aug 2008 Location: Irvine, CA Posts: 1,455 iTrader: (2) Garage List 2008 BMW 335i Coupe [0.00]	I don't think it's going to change the minds of the most dug-in Rep or Demmy. It was an endorsement on the lines of "Obama's not that great, but Romney's worse." It sure didn't change my mind.

11-02-2012, 07:56 AM	#4
smohr33 Lieutenant Drives: 2012 328i Join Date: Jul 2007 Location: Long Island, NY Posts: 511 iTrader: (0)	According to former editor Bill Emmott, "the Economist's philosophy has always been liberal, not conservative." This is almost as suprising as a Romney endorsment from Fox News.

11-05-2012, 05:21 PM	#6
ZaraGSPBMW New Member Drives: 2011 328i Coupe Join Date: Jun 2011 Location: ATX Posts: 24 iTrader: (0) Garage List 2011 BMW 328i [0.00]	The Economist is a good weekly for providing a different view…especially a European view of the world. I read it regularly. They have a largely Keynesian approach to economics and thus why I suspect their endorsement of Obama. In the Keynesian world, Obama is their man. Romney, to me, isn’t Uber-Keynesian, but less than Obama. The Economist in a few issues back predicted that a second Obama term would see more ideological moderation (a move more to the center) and more working compromises with congress. I believe this is the reason they endorsed Obama. Additionally, the majority of Europeans just don’t like Romney.