The first televised debate of the 2012 U.S. presidential election has ended, and the remaining two debates will be held on Oct. 16 and Oct. 22 respectively. None of the two presidential candidates have made solid commitments to improve the U.S. economy during their campaigns or the televised debate. Instead, they have spared no effort to slander China. What the American people really want is a new president who is able to improve the U.S. economy and reduce the country’s unemployment.
Slandering China to win more votes
Both presidential candidates have treated China as an “enemy” of the United States, and bitterly criticized China to please domestic voters. The 2012 U.S. presidential race is held against a backdrop of weak domestic economy and persistently high unemployment. Barack Obama said that he would file a new case with the World Trade Organization over China’s automotive subsidies. Mitt Romney has repeatedly stressed that he would designate China a currency manipulator on his first day in office.
Weak domestic economy
Obama and Romney are facing a highly competitive race. According to an opinion poll, none of the two candidates are believed to have made solid commitments to improve the weak domestic economy, which is now the top concern for the American people.
Since Obama took office, the U.S. economy has been out of recession, but growth has been weak and unemployment has been persistently high. However, the weak economy has not deterred the two parties from spending lavishly on the elections. The total cost of the 2012 U.S. presidential and congressional elections is estimated to reach a record 5.8 billion U.S. dollars.
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