How the Presidential Election Effects Housing

We already have a good idea of what effect the election will have on housing if Barack Obama gets elected. We have nearly 4 years of evidence.

We already have a good idea of what effect the election will have on housing if Barack Obama gets elected. We have nearly 4 years of evidence.

During his previous campaign, his commitment was 5% unemployment and a 50% reduction in the deficit. Selling  the job was the nearly one trillion dollar stimulus that would do the trick. The trick was that taxpayers got the bill but nothing else. We are now at 44 months of over 8% unemployment and the deficit is double instead of a 50% reduction. Not to mention a foreign policy in shambles, well that’s off topic.

In the first two years of his Presidency with Democratic majorities in the House and Senate, he accomplished Obamacare and the Dodd-Frank Act, which has now totally stymied small business in this country. If small business in this country doesn’t hire, you’ll see continued high unemployment. Ben Bernanke, when addressing Congress, indicated he sees a continued weak economy and high unemployment into 2015.

President Obama has apologized to the world for everything imaginable, instead he should apologize to the American public and keep his word about being a one term President if he didn’t accomplished his goals. His re-election, well that is just more of the same. That is what we have to look forward too.   

Housing Election – Which Candidate is Better for Homebuyers?

By: Harrison Stowe

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

J. Wiley Dumas September 21, 2012 at 03:10 PM
Fair enough, folks. All in favor, signify by posting 'Aye'.
Jim G. September 21, 2012 at 03:34 PM
No, no, no! You vote Aye by NOT posting! :)
J. Wiley Dumas September 21, 2012 at 03:36 PM
=) and a very good point Jim G. 'Gotcha!'
Raymond Boisvert September 21, 2012 at 08:27 PM
Amen. Please check out Green Party Presidential candidate Jill Stein @ jillstein.org Or, go to http://www.isidewith.com/presidential-election-quiz to see which presidential candidate best matches your values.
suzmar September 24, 2012 at 02:54 PM
I would like to read any economic report that states the stimulus was not a waste of money. Please list that report. When Mr. Obama took over the deficit stood at $10 trillion, now at $16 trillion. What policies have helped this country? Unemployment is huge, small businesses are closing at a record rate, gas prices are astronomical. Both House and Senate voted against Pres. Obama's ridiculous budget, so we don't have one, and when our Libyan Ambassador is brutally murdered on 9/11, where is our President, out campaigning in Las Vegas. This country voted a black man into office 4 years ago and the same people will be voting him out!


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