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That's a worse case scenerio that you have just described. The big difference between Romney and Obama is that Romney actually cares about America and the economy.

I disagree on both points. I think, if Romney wins, it is the most likely scenerio; he will try to keep all of his promises, the ones that are popular will get passed, the ones that are unpopular will not (my general premise is that all active politician lack a backbone.) I also think that both Obama and Romney care about America, they just disagree about what would improve the country. (I think this attitude is seen on both sides and is wrong. Someone can think tax rates on high income people should be higher or lower without hating America.)

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