48 years ago President Reagan warned us of basically what is happening in the US today. Romney's policies are the only policies that have a hope of reversing it. Increased government regulations in our current state of events will only make it worse.
The US economy is a car going over the edge of a 20,000 foot cliff. Romney will tap on the breaks as we're going over... but President Obama will mash his foot on the gas.
Either way 16,000,000,000,000 dollars in debt won't disappear for centuries. (or ever with Obama-policies)