The crux of the presidential race is this question: Have President Barack Obama's policies failed to revive the U.S. economy because they are flawed, or because they haven't had sufficient time to take effect?
We believe the former is true.
That tops the list of reasons why we hope voters will elect Republican Mitt Romney to replace Obama.
To be clear, "flawed" is not synonymous with "wrong."
The president's faith in the federal government's ability to cure macroeconomic ills is not implausible.
Yet the prescriptions he has offered during his term, most notably the 2009 stimulus bill, simply haven't paid off as the president and his supporters in Congress insisted they would.
Despite recent hints of improvement - a relatively robust stock market, a modest decline in unemployment rates - we're not willing to take the risk that four more years of similar approaches will reverse the nation's troubling course.
Although Obama and Romney sometimes sound similar on the campaign trail in touting their plans to "get America working again," the differences in their philosophies are significant.
As his maneuvering on the stimulus bill and on Obamacare showed, the president sees Washington, D.C., as the origin of an economic revival, regardless of what the people who have run successful companies believe.
Romney, for instance.
He makes the compelling argument that businesses are more likely to prosper when they face fewer impediments from the capital, whether those be taxes or regulations.
Although we're not so naivandeacute; as to believe that Romney's election will mark a new era of bipartisanship in Congress, his ability as the Republican governor of Massachusetts to work closely, and effectively, with a Democrat-dominated legislature is telling.
President Obama is a good and earnest man. But his record is one of failure. We urge Americans to give Mitt Romney a chance to do better.