World

The Promise of a Romney Presidency

Oct. 30 (Bloomberg) -- Some of Mitt Romney’s presidential campaign proposals are bad ideas: his promise to launch a trade war with China, for example. (He doesn’t put it quite that way, of course.) Others, such as his 20 percent across-the-board cut in tax rates, are unlikely to go anywhere. We don’t have much reason to think he could speed up the economic recovery, any more than President Barack Obama could if re-elected.

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