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As a business owner, I am cutting back on the amount of work I am subcontracting to others, doing more of the work myself. I figure I will need the extra money, and the more I have others do, the more money going out of my business to pay for their services. In the interest of cash flow, I'm keeping more of it to myself. I spent all day today doing work that I have always subcontracted to others to do. I do this because I am not optimistic about what is going to happen with Obama at the helm. I don't think taxing people, ANY people, is going to help the economy; on the contrary, I think it is going to make things much worse.
I also have seen my 401k drop dramtically in the three days since Obama was elected. For now I will leave that alone, but I am watching it closely.
As a business owner, I am cutting back on the amount of work I am subcontracting to others, doing more of the work myself. I figure I will need the extra money, and the more I have others do, the more money going out of my business to pay for their services. In the interest of cash flow, I'm keeping more of it to myself. I do this because I am not optimistic about what is going to happen with Obama at the helm. I don't think taxing people, ANY people, is going to help the economy; on the contrary, I think it is going to make things much worse.
I also have seen my 401k drop dramtically in the three days since Obama was elected. For now I will leave that alone, but I am watching it closely.
I have not changed anything significant due to the election... and I'm elated that Obama won.
We've cut back a bit on spending, but it has absolutely nothing to do with the election - it has to do with the possibility of a serious recession that's been on the horizon for a while...
And have some perspective please - the DOW decreased a tad over 4% since Obama was elected... It's dropped almost 40% in the past 13 months...
I have not changed anything significant due to the election... and I'm elated that Obama won.
We've cut back a bit on spending, but it has absolutely nothing to do with the election - it has to do with the possibility of a serious recession that's been on the horizon for a while...
And have some perspective please - the DOW decreased a tad over 4% since Obama was elected... It's dropped almost 40% in the past 13 months...
I have plenty of perspective. The stock market had its biggest drop EVER after a president was elected with the election of Obama. Investors like CAPITALISM, not socialism.
You guys are funny. This stuff with the market was going to happen and was happened/ happened No matter who won the Presidency. You self soothers just do not want to blame bush.. whatever.
You guys are funny. This stuff with the market was going to happen and was happened/ happened No matter who won the Presidency. You self soothers just do not want to blame bush.. whatever.
If you think the economic policies of a president have nothing to do with the stock market, you are crazy!
I have plenty of perspective. The stock market had its biggest drop EVER after a president was elected with the election of Obama. Investors like CAPITALISM, not socialism.
Correct, the stock market is dropping in a response to Socialism being implemented in a few months. It has absolutely NOTHING to do with the current economic situation. You live in a very interesting box.
You should feel sorry for yourself, not me. At least I'm not drinking the Kool-Aid, expecting everything to be hunky dory, so I won't be blind-sided like you will be.
You should feel sorry for yourself, not me. At least I'm not drinking the Kool-Aid, expecting everything to be hunky dory, so I won't be blind-sided like you will be.
I am financially secure, thanks for being concerned though.
If you think the economic policies of a president have nothing to do with the stock market, you are crazy!
You're totally insane..If you actually make business decisions, I feel sorry for you employees.
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