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TOPIC: An_Obama_victory_is_in_the_market
Created by: My_hypocrisy The original post for this thread was deleted.
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And your reference to the past 8 years of Republican post election numbers being a negative 4% is very misleading. The Clinton recession started in the middle of his last term and was well under way when Bush was first elected. This was also made worse by the 911 attack and the bursting of the tech bubble, neither of which can realistically be blamed on the Republicans. By the end of Bush's first term, the economy was strong. In fact, it was stronger than the peak of the Clinton years.

Easton MD
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Those historical "exuberances" do not apply this time. It's the first hardcore socialist president since FDR and this time the wartime (WWII) recovery economy isn't there to offset all the socialist negatives. Foreign investment in the US will stop because the profit incentive will have been significantly reduced. We already have the second highest corporate tax rate in the world and the Dems want to double it. As for the individual taxes, once the government starts taking the profit motive away from those who are actually earning the profits, they will stop working or at least cut back on their productivity to the point of start of diminishing returns.

Easton MD
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If Obama wins the market will drop because everyone will sell to avoid the upcoming capital gains tax increases. The smart money will buy in January and hold it for four years. Why four years??? Because Obama, Pelosi, Reid, and company will screw things up so bad they will be tossed out in 2012 and the incoming Republicans will lower the CG taxes back to present levels or possibly even lower.

Easton MD
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TOPIC: An Obama victory is in the market
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