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Saturday, September 29, 2012
Expecting Four More Years
Despite the concerns of some Obama supporters, I don't see any outcome other than President Obama being re-elected. This outcome is supported by several polls and consumer sentiment:
Forecasting the Election: Most Models Say Obama Will Win. But Not All.
Obama Widens Lead as Romney Faces Challenges
Consumer Confidence Jumps to Seven Year High
Economy's Worse But Obama Favored to Fix It
With his re-election, Obama has stated he will continue with his current economic policy. Therefore, I also expect four more years of the same results: economic malaise, high employment, and increased government deficits. In addition, I expect taxes to go up signficantly for all, leading everyone, not just the rich, to bear the pain of four more years.
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2012 Achievement Catalyst, LLC
1 comment:
Comment guidelines: My Wealth Builder will publish comments that are about the topic and do not contain inappropriate language. My Wealth Builder reserves the right to edit or delete comments for any reason which includes those that have advertising (either for a product, website, or blog), contain inappropriate language or are not about the topic.
Watched some (I can only handle so much) of the debates last night. I have a feeling that taxes will be going up no matter who is elected.
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