Regardless of where you sit, by far the biggest problem that the US has now is wealth creation. Our private economy is not investing enough or creating enough jobs and a bloated and inefficient government is consuming too much of the wealth that we do create. To get out of the terrifying debt trap that we find ourselves in we need to grow much faster and put more people to work. And more than anything else we need a leader who has spent his life creating wealth, not someone who has spent it 'spreading it around'.
This, not 'racism' or 'contraception' or 'the war on women' or the 'war on terror' is the fundamental issue of this election. And this is why the Obama administration is trying its level best to talk about anything else.
Niall Ferguson makes the fundamental case for Mitt Romney.
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