The Economist
Editorial offices of the Economist are in London, Bangkok, Beijing, Berlin, Brussels, Cairo, Chicago, Delhi, Frankfurt, Hong Kong, Jerusalem, Johannesburg, Los Angeles, Mexico City, Moscow, New York, Paris, San Francisco, San Paulo, Tokyo, Washington.
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The Economist Supports Barack Obama!
LONDON (Reuters) - The Economist magazine, a bastion of free-market economics, gave its support on Friday (October 31, 2008) to Democrat Barack Obama to be the next U.S. president.
With a front cover depicting a thoughtful Obama beneath the words "It's time," the 165-year old British publication said it wholeheartedly endorsed Obama.
"In terms of painting a brighter future for America and the world, Mr. Obama has produced the more compelling and detailed portrait. He has campaigned with more style, intelligence and discipline than his opponent," it said.
"Mr. Obama deserves the presidency," said the London-based weekly, which has a substantial readership in the United States.
The Economist backed current U.S. President George W. Bush, a Republican, in the 2000 election and his unsuccessful Democratic challenger John Kerry in 2004.
In 2000, the United States was an undisputed superpower, the magazine said. The main issue was what to do with the government's huge budget surplus.
"When Americans go to the polls next week the mood will be very different. The United States is unhappy, divided and foundering both at home and abroad. Its self-belief and values are under attack."
Despite some risk from inexperience, Obama had clearly shown that he offered the best chance of restoring the United States' self-confidence, the Economist said.
Noting that Obama would be the first black U.S. president if he defeats Republican candidate John McCain in next Tuesday's vote, the Economist said: "He would salve, if not close, the ugly racial wound left by America's history and lessen the tendency of American blacks to blame all their problems on racism."
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Get four risk-free trial issues of The Economist, plus 20 additional issues - 24 in all for $2.49 an issue (total of $59.76). You'll save 64% off our newsstand price.Th Economist [& Economist.com] which is more insightful and timely than ever. It includes a daily diet of news, analysis, rankings, blogs, multimedia, a full audio edition, online debates and ever livelier contributions from our readers. These features are complemented by a suite of research tools and data, including free full access to a searchable archive for subscribers,and regular in-depth industry and regional special reports.
The World in 2009 - a special issue distributed to all paid subscribers active in December 2008 .
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