"Financial engineer turned Republican presidential candidate Mitt Romney has boasted for yearsthat "I know how the economy works." Unfortunately for Mitt, global business leaders aren't buying what he's selling.
A recent survey of executives around the world found that by a 2 to 1 margin, they believe President Obama be better for the global economy than Romney. That's because they know what we know--or more accurately--what we should know. That is, they see the carnage caused by austerity policies in Europe even as economists in the U.S. continue to credit the Obama stimulus program for boosting American employment and GDP growth. And looking ahead, the world's business leaders seem to understand that the draconian Romney-Ryan program could put the American recovery at risk."
