By Fareed Zakaria
The fiscal cliff looms ominously. But compared with the rest of the industrialized world and the arc of other post-bubble recoveries, the United States is ready for a robust revival.
This is partly because of the dynamism of the U.S. economy, but also because of the timely and intelligent actions of the Fed and the Obama administration. The next president will reap the rewards of work already done.
So it would be the ultimate irony if, having strongly criticized almost every measure that contributed to these positive trends, Mitt Romney ends up presiding over what he would surely call “the Romney recovery.”
Watch the video for the full take.