President who now?

After three heated debates which were hard fought between Mitt Romney and Barack Obama it seems Obama has come out on top, winning two of the three.
The last debate was held in the great state of Florida where I am from and was based on foreign policy. As a Floridian myself (REPRESENT) it's nice to hear that we were at the forefront of politics.
Forgive me if I'm being offensive as I am currently living abroad in sunny England so my view may be off, but Obama does seem to be the best bet for ruler of the free world. Personally, Mitt Romney scares me, he is inexperienced and his foreign policy seems very backward. Also, what were his parents thinking when they called him Mitt? What kind of name is Mitt? What's it short for?.. Mitthew? I have been informed his 'real' name is Willard... I prefer Mitt to be honest.
I digress, as this is an economics blog I reckon it would be relevant to compare the two's economic policies from an unbiased stand point. I'm sure both are very long and tediously worded so I am going to try and summarise them to the best of my abilities.

Obama wants to repeal all tax cuts introduced by Bush which lower taxes for households earning more than $250 000 (about £157 000) whereas Romney plans on making those same tax cuts permanent.
Obama wishes to lower taxes on the manufacturing industry and Romney plans on lowering corporate tax across the board to 25%.
Obama has the short term goal of stimulus spending and tax cuts to grow the economy and the long term goal to cut spending and raise taxes on the wealthy.
Romney wants to cut taxes and regulations in order to encourage businesses and cut non-security government spending by 5% in order to reduce the deficit.
I'm sure deficit is a word which has been used a lot over the past few years and will be continued to be used. Basically a deficit is an over expenditure in relationship to income, this means the government is spending more money than it has.

To me, their views on the economy, with the exception of taxing the rich seem to be relatively similar. I'm not going to pretend to be some economic guru and offer a better way to solve the economic crisis nor am I able to truly predict which policies will be the best for America. In honesty, in spite of his name, good ol' Mitthew seems to have the better views on economic policy as a businessman himself.

Joking aside there are worse names.. Watching a game of the best sport in the world (American Football) I came to the realisation of a whole world of names far worse than Mitt or even Willard..