Economists: 2013 Economic Outlook Dim No Matter Who Will be President

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With just a week to go, before election day, President Barack Obama and Mitt Romney suspended their campaigning.

But looking ahead, no matter who wins the presidential election, that person will likely face continued economic struggles. This is according to a majority of the 31 economists who responded to an A.P. survey.

They say Europe’s financial woes will persist deep into the next presidential term, and that will have an impact on the U.S. In addition, they say that the urgent threat to the U.S. economy is congress’s failure to reach a deal to prevent tax increases, and spending cuts from taking affect next year.

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