Far too much of the campaign season so far has revolved around trivia. That's largely Barack Obama's fault. Obama wants to see more of Mitt's tax returns. Who cares? Obama's rich, but Mitt's really rich; so we should hate him because he has more money than we do -- or something. After Mitt left Bain, some company went bust, some random guy lost his health care and later got it back, but it wasn't as good as it was at Bain; so Mitt killed his wife somehow or another? On the other hand, while Mitt's campaign has at least focused on meaningful issues, the ad dollars have mostly been spent highlighting the sea of incompetence that has been Barack Obama's first four years in the White House, as opposed to what Romney would do when he gets elected. On top of that, neither candidate has exactly been a model of consistency when it comes to his views. So, it's worth asking the question: What will be different if Mitt Romney defeats Barack Obama?
1) Businesses will feel more comfortable hiring and spending money: As William Henry Harrison noted, "The prudent capitalist will never adventure his capital... if there exists a state of uncertainty as to whether the government will repeal tomorrow what it has enacted today." Barack Obama has introduced just that kind of uncertainty into the economy with his demonization of business, Obamacare, the fiscal cliff, and the threat of tax increases in his second term. That's why American corporations have piled up record cash reserves instead of using that money to increase production and hire new workers. Romney will be business-friendly, will oppose tax hikes, cut regulations, and reassure these companies that they're not going to be under attack for the next four years. In and of itself, that should significantly improve the economy and help create jobs.
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