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My experience is that most European countries (including both their governments and their citizens) favor Obama over Bush. I don't think Americans understand how hated Bush was outside America, even in those countries considered friendly to the US.

What Romney implied in his speech is in many ways a return to the Bush-era, which I am certain would be devastating to US-foreign relations.

The days when US could dictate the world order are long gone. That has nothing to do with Obama. It has to do with a natural change of the playing field. The US can either adopt to this (the Obama way), or resist it (the Romney way). I believe such resistance is futile, since it will have an impact on other issues. It will restrict foreign trade and lower exports. Romney's way will in other words lose American jobs, Obama's way is more likely to create jobs.