Ask an expert: Obama, Romney and the economy

MSN Money's Anthony Mirhaydari discusses the presidential race and offers some investment advice.

By MSN Money Partner Oct 1, 2012 12:42PM
With the presidential race shifting into high gear, MSN Money columnist Anthony Mirhaydari explains in the following video how Republican candidate Mitt Romney's recent 47% comment hit a nerve on both sides of the political aisle.

To fix the economic problems the candidates refer to, Mirhaydari suggests structural changes, specifically labor market reforms. He also offers some investment advice.

2Comments
Oct 1, 2012 2:50PM
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The way this "expert" explains the reaction on the left is absolutely lame.  Is this why he thinks the folks on the left bristle over the comment?  The real reason they take umbrage is that this 47% of leeches that Romney is trashing are soldiers, students, retired folks, and workers who don't make enough to need to pay federal income taxes.  The main reason they don't have to pay taxes is because of the three Republican-led tax breaks (1 under Ronnie and 2 under W.) which increased the minimum amount of earning required to pay federal income tax.  So Romney is whining about a situation his own party created!  The irony of all ironies is that even though these people don't pay federal income tax, they pay payroll, state, and local taxes that add up to a HIGHER rate than the 13.2 percent Romney paid on his own 42 million dollar income!!  So, if there are leeches in our society, they are wearing Armani suits and running for president.  
Oct 1, 2012 3:07PM
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Romney's a draft and tax dodger who doesn't like anybody but himself.
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