Putin is going to run for Russia’s presidency again in 2012 while Medvedev will assume the premiership if the party wins. Their party, United Russia, will likely win an overwhelming majority in the March 2012 elections. Putin pledged to restore economic growth to the 5-7% range and make Russia’s economy one of the top 5 in the world. Further he advocated for the strengthening of Russia’s armed forces, an unsurprising statement from one of the world’s foremost realists. Because of a constitutional amendment in 2008 the presidential term was extended from four years to six years, meaning Putin could potentially rule Russia until 2024. Huffington Post’s Jim Heintz says Putin’s system is known as “managed democracy.” Many criticize the loss of democrat institutions during the Putin-Medvedev era and point to a greater need for functioning democratic apparatuses in order for real reform to be able to take root.