The trade between Iraq and UAE has grown over 60 per cent in the last year
It goes without saying that Romney would be at pains in projecting an economic thesis of his own, and that too at times when the purse of the people is too vulnerable to stand for further tax cuts. Given to understand the Republicans handoff approach in floating a liberalised economy, it would be quite difficult to reverse the gear on subsidies, healthcare and pensions. It’s too easy for Romney to pronounce that the GOP is all set to put a full stop on four years of ‘disappointments’, as he refers to Obama’s cautiously driven state of economy and foreign policy, it would be a gigantic task to even propose an alternate vision and, especially, one that would sell on November 4, 2012 — the fateful day when the Americans would go to poll.
Obama and Romney have a responsibility to dispense. They need to graduate this point-scoring debate into a proper manifesto deal. The Democrats on their part have nothing new to add, as they remain in the driving seat. All that needs to be done is that the Republicans tell point blank how they will be different in Afghanistan, how effective they can be in dealing with China, how practical they could be in addressing the two-state imbroglio in the Middle East and, last but not the least, how could they handle the economy if they go the Keynes way. Romney should respond in all clarity.
The trade between Iraq and UAE has grown over 60 per cent in the last year
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