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-Election 2012
'Romney will take US economy into depression'
2012-06-26
[Iran Press TV] Dave Lindorff, investigative journalist, in a phone interview with Press TV's U.S. Desk on Monday said that if Romney is elected president the American economy will fall into depression.

"The idea that Americans are saying in a poll that they don't think it will make much difference which person is elected president, Romney or Obama, shows the incredible both naivety of the American public and more importantly, the really poor level of reporting in the American media on economic issues," he said.

Lindorff continued that as bad as Obama had been in dealing with the financial crisis and the role of the banks and stimulating the economy, "he at least has understood that you do need to have economic stimulus in a terrible recession like we've been having whereas Romney's position is this insane Republican one that says that the issue is the deficit which it clearly is not."

Lindorff believes that there will be a very big difference between Romney winning "in which case we will see the economy fall into [a] depression and Obama winning in which case the economy will probably just stumble along the way it has been doing which I guess is a lot better than a collapse."
Posted by:Fred

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