The next United States presidential election is to be held on Tuesday, November 6, 2012. It will be the 57th quadrennial presidential election in which presidential electors, who will officially elect the president and the vice president of the United States on December 17, 2012, will be chosen. Incumbent President Barack Obama is running for a second and final term during this election. His major challenger is former Massachusetts Governor, Republican Mitt Romney. Two other candidates have attained ballot access sufficient enough to mathematically win the election by a majority of the Electoral College: Gary Johnson, former New Mexico Governor who is the Libertarian Party nominee; and Jill Stein, the Green Party nominee.
As we all are aware about the news that Barack Obama is completing his tenure as US President in November 2012 and now again US citizens have the right to make their decision that Obama will continue or they want a new face. So November 2012 will be of great importance as whole world has close eye watch on this election. All the global scenarios will be decided by this polling fair. So its an international fair which will be enjoyed by all the nations.
In this election one major issue which is going to be the key player is the double dip recession which is faced by the country since 2007. Another issue is unemployment of youth. Both of the issues are of great concern and the candidate who makes the great and truthful promises will be in the power. Anti incumbency factor for Barack Obama will be there as no remarkable milestone is achieved by him so far.All the major developments were done in the reign of George Bush. Obama remained in fame due to his foreign policy and strong attitude towards the terrorism as his major success was the assassination of Osama Bin Laden. But he is still the charming face of the youth population and in Asian countries he has the fame and names both. On the other hand the candidate of Republican Party Mr. Mitt Romney is the strong contender of the post of US President.
Willard Mitt Romney (born March 12, 1947) is an American businessman and politician. He was the 70th Governor of Massachusetts (2003–07). he earned a Bachelor of Arts from Brigham Young University and, in 1975, a joint Juris Doctor and Master of Business Administration from Harvard University. Romney entered the management consulting industry, and in 1977 secured a position at Bain & Company. Later serving as its chief executive officer, he helped bring the company out of financial crisis. In 1984, he co-founded and led the spin-off company Bain Capital, a private equity investment firm that became highly profitable and one of the largest such firms in the nation. His net worth is estimated at $190–250 million, wealth that helped fund his political campaigns prior to 2012.
Active in The Church of Jesus Christ of Latter-day Saints, he served as bishop of his ward and later stake president in his home area near Boston. He ran as the Republican candidate in the 1994 U.S. Senate election in Massachusetts, losing to long-time incumbent Ted Kennedy. In 1999, he was hired as President and CEO of the Salt Lake Organizing Committee for the 2002 Winter Olympics. The visibility he gained from this stint gave him the opportunity to relaunch his political aspirations. Romney was elected Governor of Massachusetts in 2002 but did not seek re-election in 2006. During his term he presided over the elimination of a projected $3 billion deficit through a combination of spending cuts, increased fees, and removal of corporate tax loopholes; Massachusetts also benefited from unanticipated federal grants and unexpected revenue from a previously enacted capital gains tax increase. He helped develop, and signed into law, the Massachusetts health care reform legislation.
The first of its kind in the nation, it provided near-universal health insurance access via state-level subsidies and individual mandates to purchase insurance. Romney ran for the Republican nomination in the 2008 U.S. presidential election, winning several primaries and caucuses but losing the nomination to John McCain. In June 2011, he announced that he would seek the 2012 Republican presidential nomination. By May 2012, he had won enough caucuses and primaries to become the party's presumptive nominee, and on August 28, the 2012 Republican National Convention made him the official nominee. These thing shows that Romney can be the best option to make country's economic condition well and he will work more consciously on the welfare of citizens.
So all these qualities of Mr. Romney will help him to defend himself against the Barack Obama who is a mass leader of the nation. Now it's a time to keep eyes on both these candidates that who will win the crown.