The sputtering economy: Great news for Mitt Romney?
In a new poll, Romney pulls even with President Obama, who continues to be dragged down by grim financial news. Is the bad economy Mitt's ace?

A new 2012 poll shows Mitt Romney, the presumptive frontrunner for the GOP nomination, neck and neck with President Obama, whose post-bin Laden bump vanished in the face of deflating financial news. In the Washington Post-ABC News survey, Obama and Romney were tied among all Americans; among registered voters, Romney led 49 percent to 46 percent. Shrewdly enough, the ex-Massachusetts governor and former venture capitalist is making the economy his campaign's focus, declaring that Obama's policies have exacerbated the downturn. How much of an edge will the issue give him?
The economy makes Romney the Republican to beat: Romney's opening economic message "couldn't have come at a better time for him," says NBC News' First Read. Bad economic news "highlights his electability credentials" — seasoned businessman, chief executive of Massachusetts — while it dims Obama's record. On the other hand, Romney's edge makes him the early favorite — and a target for Democrats and his Republican rivals alike.
"The strong GOP front-runner?"
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Actually, financial clouds hurt Romney's chances: Scary economic news would give any GOP nominee, not just Romney, a general-election boost, says Ed Kilgore at The New Republic. And remember, conservative voters may pass over the moderate Romney, who's not their first choice, if Obama's looking vulnerable. "In a worsening economy, it will be much easier for them to vote with their hearts, none of which belong to Mitt."
It all depends on where the economy is on Election Day: President Obama has "spent most of this year insisting that a recovery is under way," says Josh Kraushaar at National Journal, so he'll be on the defensive if the economic pain worsens. Of course, he'll be OK if there's a big turnaround by November 2012, or if "Republicans nominate someone unacceptable to independents and moderates." But in a matchup against Romney in a poor economic climate, the president is no longer the overwhelming favorite.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Scientists want to fight malaria by poisoning mosquitoes with human blood
Under the radar Drugging the bugs
By Devika Rao, The Week US Published
-
Crossword: March 31, 2025
The Week's daily crossword
By The Week Staff Published
-
Sudoku medium: March 31, 2025
The Week's daily medium sudoku puzzle
By The Week Staff Published
-
The JFK files: the truth at last?
In The Spotlight More than 64,000 previously classified documents relating the 1963 assassination of John F. Kennedy have been released by the Trump administration
By The Week Staff Published
-
'Seriously, not literally': how should the world take Donald Trump?
Today's big question White House rhetoric and reality look likely to become increasingly blurred
By Sorcha Bradley, The Week UK Published
-
Will Trump's 'madman' strategy pay off?
Today's Big Question Incoming US president likes to seem unpredictable but, this time round, world leaders could be wise to his playbook
By Sorcha Bradley, The Week UK Published
-
Democrats vs. Republicans: who are the billionaires backing?
The Explainer Younger tech titans join 'boys' club throwing money and support' behind President Trump, while older plutocrats quietly rebuke new administration
By Harriet Marsden, The Week UK Published
-
US election: where things stand with one week to go
The Explainer Harris' lead in the polls has been narrowing in Trump's favour, but her campaign remains 'cautiously optimistic'
By Harriet Marsden, The Week UK Published
-
Is Trump okay?
Today's Big Question Former president's mental fitness and alleged cognitive decline firmly back in the spotlight after 'bizarre' town hall event
By Harriet Marsden, The Week UK Published
-
The life and times of Kamala Harris
The Explainer The vice-president is narrowly leading the race to become the next US president. How did she get to where she is now?
By The Week UK Published
-
Will 'weirdly civil' VP debate move dial in US election?
Today's Big Question 'Diametrically opposed' candidates showed 'a lot of commonality' on some issues, but offered competing visions for America's future and democracy
By Harriet Marsden, The Week UK Published