Economy May Not Care Who’s President

    An employee counts 5 dollar bills inside of a Guess? Inc. retail store in New York, U.S., on Monday, March 12, 2012. Guess? Inc. is scheduled to report fourth-quarter earnings results on March 14. Photographer: Scott Eells/Bloomberg via Getty Images

    Scott Eells, Bloomberg / Getty Images

    Who wins? The American people. The economy looks to be on track for steady improvement no matter who wins the White House on Tuesday, according to analysts. Consumer spending is up and household debt is at nearly a 10-year low, teeing up a recovery for whichever candidate is fortunate enough to win office, and claim credit. “The die is cast for a much stronger recovery,” said Moody’s analyst Mark Zandi. The big remaining issue will remain the budget deficit, and the CBO has warned that the looming fiscal cliff could drive the country back into a recession.

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