Hoosiers name economy as major factor in election choice


Indiana's choice of Mitt Romney for president may have been in large part due to the state's lagging economy, but experts said even a Romney loss may help.

Jim Smith, a finance professor at IUPUI, said that getting any election behind us is a good thing for the economy.

"One of the things that holds an economy back is uncertainty," Smith said.

Hoosiers shared their stories with Fox59 Wednesday, many saying that they are still struggling from the recession.

"I applied (for) food stamps (and) also for rent assistance. So, it was definitely a tough period, and I've got two kids that I have full time by myself," voter Cory Keifer said.

Keifer spent nearly half of 2012 unemployed and looking for a job. He's since found one, but says that he would like to go back to school to advance his career and the economy is enough to keep him from doing that.

"My son would be going to college by the time I'd still be paying all my student loans. It just seems like it's so far out of reach," Keifer said.

For Adam McGowen, who graduated from IUPUI in May, the seven months since earning his degree have also been spent mostly without a job.

"It's been incredibly hard to find a job and the jobs I've found have not been really degree-worthy and way under-employed," McGowen said.

Indiana's unemployment rate remains slightly above the national average. The state lost 200,000 jobs in the recession and has since gained back about two-thirds of those.

Smith said that it will take at least another year to get Indiana back to its pre-recession employment levels.

"The unemployment rate will continue to inch down but not very fast," Smith said.

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