And it is unlikely to get much better any time soon.
Even if Romney wins it isn’t like he is a big free market advocate.
Romney as Governor of Taxichusetts was pro carbon tax and pro government control of healthcare.
If Romney wins there may be a little light at the end of the tunnel because he has had to move to the right to run for President on the Republican ticket but it is a crap shoot if he will stay there.
The only way the economy is going to improve is if taxes are lowered and federal regulations are relaxed. If Obama wins there is no chance of those things happening. If Romney wins there is a small chance of those things happening.
As usual with presidential elections it is a choice of the lesser of two evils. Either way it is going to be a long recovery (if there is one) and the young and unskilled are going to suffer.
The middle aged also are going to suffer because for many of us retirement will be delayed because our 401k’s were hard hit by the Great Recession and there is also the eminent collapse of Social Security and Medicare.