Business Abandons Romney as Bloomberg and The Economist Endorse Obama

http://www.politicususa.com/business-community-abandons-romney-bloomberg-economist-endorse-obama.html

By: Sarah JonesNovember 1st, 2012

Days before the election, the business community is abandoning Republican “businessman” Mitt Romney in order to endorse the Democratic incumbent President Obama. These are not ringing endorsements, but rather concern over Romney’s failure to make the math work and his hard turn to the right. In other words, Mitt Romney has finally managed to lose the faith and confidence of the one constituency that he was supposed to have locked up.

The Mayor of New York and the founder/majority owner of Bloomberg News endorsed Obama today. Bloomberg said if the old Mitt Romney were running, he might have voted for him. But given Romney’s tack to the right, Bloomberg is endorsing the President for a second term. He concluded, “If he (Obama) listens to people on both sides of the aisle, and builds the trust of moderates, he can fulfill the hope he inspired four years ago and lead our country toward a better future for my children and yours. And that’s why I will be voting for him.”