Localities and states have run out of road and the can is filled with cement. They can't print money.
I expect QE zillion soon, but it won't do anything but forestall the inevitable. The government is a huge monster devouring the flesh out of the private sector.
If the GOP gains the WH and Senate, some more time will be bought, but demographics and the math are against us. Unless major structural changes are made to the huge entitlement programs, the train wreck will continue apace.
Business and investment would boom and jobs would flood back.
Romney in a landslide. But, I don't think it'll make much difference in the near future though:
Election Year 2012: Two Landslides In The Making? (Economy - Obama)