NYT supports Obama bid for second term
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Days before the US presidential elections, incumbent Barack Obama got some critical support with a leading American daily endorsing his re-election bid citing his efforts to prevent an economic depression, weaken al-Qaeda's leadership and usher in crucial healthcare reforms.
In an editorial, The New York Times said it will "enthusiastically endorse President Barack Obama for a second term, and express the hope that his victory will be accompanied by a new Congress willing to work for policies that Americans need."
The editorial said, "We have criticised individual policy choices that Obama has made over the last four years. .... But he has shaken off the hesitancy that cost him the first debate, and he approaches the election clearly ready for the partisan battles that would follow his victory."
With Obama and his Republican rival Mitt Romney almost neck to neck in the last lap of the presidential race, the paper said the former governor of Massachusetts has gotten "this far with a guile that allows him to say whatever he thinks an audience wants to hear." The paper said Romney has tied himself to the ultraconservative forces that control the Republican Party and embraced their policies, including reckless budget cuts and 30-year-old, discredited trickle-down ideas.
Crediting Obama with preventing "another Great Depression", the editorial said interventions by Obama like the $840 billion stimulus bill has helped a cratering economy grow gradually since June 2009. While Republicans have touted the bill as a failure, the Times said it has created and preserved 2.5 million jobs and prevented unemployment from reaching 12 per cent.
"The economy is slowly recovering from the 2008 meltdown, and the country could suffer another recession if the wrong policies take hold...President Obama has shown a firm commitment to using government to help foster growth. He has formed sensible budget policies that are not dedicated to protecting the powerful, and has worked to save the social safety net to protect the powerless," it said.