Sunday, May 13, 2012
A Sudden Change
I believe anticipation of an Obama victory in 2008 brought the US financial markets down. I also contend Obama's class warfare ethos and socialist tax the rich policies and "green at all costs" including the blocking of the job-creating pipeline from Canada environmental madness have held back a potential economic recovery. If Mitt Romney wins, even before he implements his policies restoring fiscal sanity, the markets may well rise simply because investors will realize capitalists are back at the helm of the nation. This will be an outcome fervently hoped for by free marketers the world over that should add fuel to the engine of prosperity.
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