Who were the 2012 presidential candidates?

Incumbent Democratic President Barack Obama and his running mate, incumbent Vice President Joe Biden, were re-elected to a second term. They defeated the Republican ticket of businessman and former Governor Mitt Romney of Massachusetts and Representative Paul Ryan of Wisconsin.

Who ran against Ronald Reagan?

The 1984 United States presidential election was the 50th quadrennial presidential election. It was held on Tuesday, November 6, 1984. Incumbent Republican President Ronald Reagan defeated Democratic former Vice President Walter Mondale, in a landslide, winning 525 electoral votes and 58.8 percent of the popular vote.

Why did Bush win the 2000 election?

The returns showed that Bush had won Florida by such a close margin that state law required a recount. A month-long series of legal battles led to the highly controversial 5–4 Supreme Court decision Bush v. Gore, which ended the recount. The recount having been ended, Bush won Florida by 537 votes, a margin of 0.009%.

How did the 2012 election affect the economy?

The biggest contributor was the 2012 presidential election. It was a very close race between two candidates with radically different approaches to stimulating economic growth. The race itself slowed growth, as businesses waited to see what direction the country would take. The second-largest contributor was from the ever-pending fiscal cliff.

How did businesses perform in 2012 in first half?

In the first half of the year, many businesses were waiting to see whether Obamacare would be shot down by the Supreme Court on June 28, 2012. It wasn’t, but this uncertainty slowed business expansion in the first half of 2012. 1 The Eurozone debt crisis also wreaked havoc with the U.S. stock market.

What will be the economic and political consequences of the election?

The economic consequence will be either higher unemployment, a further decline in the labor force participation rate, or a combination of the two. The political consequence will be increased scrutiny of each Presidential candidate’s economic program during the debates and through the final days of the campaign.

Is the US economy in a recession?

The U.S. economy has slipped into a growth recession. The final revision to the second quarter GDP report downgraded real growth to 1.3%, a rate insufficient to produce an adequate number of jobs for a growing labor force.