What happens after the election?
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Pro ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() It's been long, bitter, and divisive. The country appears to be severely polarized. I have a hard time seeing the animosity dying down quickly. I predict that the losing party does their very best to prevent the winning party from enacting any legislation, setting a budget, or doing anything that remotely looks like bipartisan. In other words, business as usual. And the county will suffer because of it. Whoever is elected, the economy will slowly pick up. The rate of growth and employment will continue to be slow because of the debt and our transition to a nearly all-service economy. |
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Champion ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() And, if you're right (which I suspect you are), that might lend evidnece that our economy isn't completely intertwined with our government. Everyone can point to that, but the business climate isn't 100% tied to it and fluctuates by market forces far more than governmental ones. |
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Champion ![]() ![]() ![]() ![]() ![]() ![]() | ![]() pitt83 - 2012-11-06 7:02 AM And, if you're right (which I suspect you are), that might lend evidnece that our economy isn't completely intertwined with our government. Everyone can point to that, but the business climate isn't 100% tied to it and fluctuates by market forces far more than governmental ones. I don't think anyone doubts this. Businesses are going to want to make money regardless of what the government does. But can government have a significant influence on economic growth and hiring? Absolutely. |
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Pro ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() With the polls being so close, both sides are "expecting" to win. I think that's a recipe for some problems come tomorrow. I disagree slightly on the economy aspect. Obama's plan (what little of it there is) pretty much guarantees us $20T in debt over the next 4 years and the Obamacare taxes are going to start kicking in. If the government takes $5k out of my pocket and all of my neighbors next year that most certainly will continue to depress the economy. I predict if Obama wins we go back into recession next year. Now we don't know entirely what Romney's plan is but just simply whacking Obamacare is a huge step in the right direction from a "raising taxes" standpoint. Reforming Dodd Frank could open up lending lines as well. |
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Iron Donkey![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() Will have to see if Texas breaks away. |
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Champion ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() scoobysdad - 2012-11-06 8:32 AM pitt83 - 2012-11-06 7:02 AM And, if you're right (which I suspect you are), that might lend evidnece that our economy isn't completely intertwined with our government. Everyone can point to that, but the business climate isn't 100% tied to it and fluctuates by market forces far more than governmental ones. I don't think anyone doubts this. Businesses are going to want to make money regardless of what the government does. But can government have a significant influence on economic growth and hiring? Absolutely. Sure. The feds changing interest rates, for example. I believe that stability and reduction of animosity and gridlock will do the most to help businesses have belief that the government isn't going to change regulations constantly and that stability will improve business' outlook. The money will then open a little and investment in growth will start. But right now, we're simply too unstable in Washington to show businesses that long term investment is a good use of capital. So they sit on piles of cash... What I mean is that government influences the economy indirectly more than directly. Edited by pitt83 2012-11-06 8:17 AM |
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Elite ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() tuwood - 2012-11-06 6:37 AM With the polls being so close, both sides are "expecting" to win. I think that's a recipe for some problems come tomorrow. I disagree slightly on the economy aspect. Obama's plan (what little of it there is) pretty much guarantees us $20T in debt over the next 4 years and the Obamacare taxes are going to start kicking in. If the government takes $5k out of my pocket and all of my neighbors next year that most certainly will continue to depress the economy. I predict if Obama wins we go back into recession next year. Now we don't know entirely what Romney's plan is but just simply whacking Obamacare is a huge step in the right direction from a "raising taxes" standpoint. Reforming Dodd Frank could open up lending lines as well. We're going to be at 20T regardless of who wins. We're already at 16.3T and next years spending is mostly set, so we will be close to 18T by the end of year 1 of whomever is elected. Even with drastic cuts, there's no way either party's plan will result in less than 2T in spending in 3 years. |
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Veteran ![]() ![]() ![]() | ![]() tuwood - 2012-11-06 7:37 AM With the polls being so close, both sides are "expecting" to win. I think that's a recipe for some problems come tomorrow. I disagree slightly on the economy aspect. Obama's plan (what little of it there is) pretty much guarantees us $20T in debt over the next 4 years and the Obamacare taxes are going to start kicking in. If the government takes $5k out of my pocket and all of my neighbors next year that most certainly will continue to depress the economy. I predict if Obama wins we go back into recession next year. Now we don't know entirely what Romney's plan is but just simply whacking Obamacare is a huge step in the right direction from a "raising taxes" standpoint. Reforming Dodd Frank could open up lending lines as well. Romney cannot simply whack Obamacare. In fact, without a Senate supermajority to get a full repeal of the law (which ain't happening), there's not a whole lot he can do without creating an enormous mess. |
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Veteran ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() First, it will be a week of "reaching across the aisle", "bipartisianship", "working together to get America moving" no matter who wins. Then it's back to gridlock and blaming with only special interests getting what they want. So yeah, business as usual. |
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Pro ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() If Obama wins I don't see things getting much better. It will be more of the same and he has proven that he can't lead a congress that is so divided. I'm not all that excited with Romney but I see him as the best choice to hopefully get congress off their arses and start working together. Also, corporations have cash but have not been investing it to expand their business. I believe Obama has not been business friendly and has created this practice in corporate America. Romney is a successful businessman. Many people see fault in that but business people know how to lead. I believe a Romney win as our best chance of economic recovery. |
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Master ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() kevin_trapp - 2012-11-06 7:28 AM tuwood - 2012-11-06 7:37 AM With the polls being so close, both sides are "expecting" to win. I think that's a recipe for some problems come tomorrow. I disagree slightly on the economy aspect. Obama's plan (what little of it there is) pretty much guarantees us $20T in debt over the next 4 years and the Obamacare taxes are going to start kicking in. If the government takes $5k out of my pocket and all of my neighbors next year that most certainly will continue to depress the economy. I predict if Obama wins we go back into recession next year. Now we don't know entirely what Romney's plan is but just simply whacking Obamacare is a huge step in the right direction from a "raising taxes" standpoint. Reforming Dodd Frank could open up lending lines as well. Romney cannot simply whack Obamacare. In fact, without a Senate supermajority to get a full repeal of the law (which ain't happening), there's not a whole lot he can do without creating an enormous mess. You mean a bigger mess than Obamacare already is??? |
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Pro ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() kevin_trapp - 2012-11-06 7:28 AM tuwood - 2012-11-06 7:37 AM With the polls being so close, both sides are "expecting" to win. I think that's a recipe for some problems come tomorrow. I disagree slightly on the economy aspect. Obama's plan (what little of it there is) pretty much guarantees us $20T in debt over the next 4 years and the Obamacare taxes are going to start kicking in. If the government takes $5k out of my pocket and all of my neighbors next year that most certainly will continue to depress the economy. I predict if Obama wins we go back into recession next year. Now we don't know entirely what Romney's plan is but just simply whacking Obamacare is a huge step in the right direction from a "raising taxes" standpoint. Reforming Dodd Frank could open up lending lines as well. Romney cannot simply whack Obamacare. In fact, without a Senate supermajority to get a full repeal of the law (which ain't happening), there's not a whole lot he can do without creating an enormous mess. it's a mess no matter what! |
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Iron Donkey![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() ... stays at the election. ![]() |
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Pro ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() After the election? I still join the Army National Guard. I'll just know who my Commander-in-chief will be for the first half of my contract. I think Romney will keep me better supported, but I think Obama will keep better relations with other countries. I'll be ok with either, and I won't go AWOL before Basic |
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Elite ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() Zombe Apocalypse ... Build endurance and remember to "Double Tap".... |
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Extreme Veteran ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() SoberTriGuy - 2012-11-06 8:15 AM Zombe Apocalypse ... Build endurance and remember to "Double Tap".... half the country moves to Canada? I do not really think anything will happen. moderates and bipartisan workers are a thing of the past in this country. It is going to be more screaming about the other side ruining this country with both sides refusing to work together to fix it. rediculous if you ask me. Additionally we are still going to face the "fiscal cliff" at the start of the new year that is going to do more harm, in my opinion, than any good either candidate can do, for the bulk of the population. |
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Champion ![]() ![]() ![]() ![]() ![]() ![]() ![]() | ![]() well after alll the unintentional comedy on Wednesday from the losing side. the potential legal challenges that will follow. there are only a couple of things that can happen, before we all perish when the world ends in December. Luckily this gives us time at Thanksgiving to relieve politics with family members that don't really like each other anyway. And to see the mass exodus of from the losing side out of the country fulfilling their threats to leave. O. wins -Everything will turn into rainbows and unicorns, and/or business and financial markets melt down instantly R. wins- Debt disappears, families are restored, business's discount everything, gas goes to $1 gallon. and/or millionaire's around the US use a giant vacuum to steal everyone else money, people die instantly from the common cold due to no health care. |