Which Presidential candidate will help the market the most?
Just wanted to take a quick survey and see what everybody thinks about this batch of Presidential hopefuls we're looking at now. Which one (or more than one) do you think will help the economy and the markets the most?
Best Answer
236 points
Steph answered 2 years ago …
I personally think that the market is going to suffer greatly in 2009 and whomever gets the job of president is going to have to make some very hard decisions. There will be a tremendous amount of pressure to clean up the financial mess that this illgotten war has left us with. My candidate is Hillary because I think she has what it takes to weather the storm. She's one tough cookie with a lot of powerful people in her corner. She has been grooming herself for this position for years. And she's married to Bill!
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788 points
DaveDiggz answered 2 years ago …
Any Clinton back in the white house will be better than Bush - I'm not sure if Hillary is personable enough to win this thing, but having Bill in her corner will help to get a lot of things done and done quickly. Her stance on technology and net neutrality especially give me a "warm and fuzzy" feeling about where technology in this country could be headed under a "Clinton" administration. I know this is a touchy subject so I'm not trying to ruffle any feathers, but CUWu asked for an opinion and that's what I'm trying to provide.
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4085 points
EthanR answered 2 years ago …
I'm going to give a slightly different kind of answer. I think the Presidential candidate that will help the economy and markets the most is the one who keeps the government's hands off the free economy, and allows the markets to do what they do best. Any politician who raises capital gains or other taxes is not going to be well received by Wall Street, so I don't see H. Clinton helping the markets. Dave is correct that technology did well under B. Clinton's watch, in fact the market in general did well in the late 90's. But I think old Bill knew enough to stay out of the market's way. Not sure if his "better half" will do that. I think on the other side, both Rudy or Mitt will pretty much let the markets do their thing without much government interference. Rudy, being the former prosecutor, might put some unwanted pressure on regulators to keep the old Wall Street boys in line, but in the end, I think his conservative stance will help the country, just as he did a pretty good job as NYC mayor.
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3963 points
MNSL answered 2 years ago …
Any body who comes to power, if can they control inflation and reduce oil price
that will help the market most. Because cost of production, distribution cost, fertilizer and animal feed cost will come down and most of the industries will benefit. In addition some hot commodity prices also will come down. As a result, not only producers but also consumers will benefit. Employment generation will increase. World will prosper and we can see another bull market.
321 points
charlo answered 2 years ago …
I'm surprised nobody mentioned Romney.
As a professional, he's a great businessman where I agree with his tax/federal policies.
But then again, like most candidates, what they preach now will most likely be different when they're in office. I think a newly elected president will have minimal to short term affect on the broad economy. The key issue is how the current government, mainly the law makers, will keep the US competitive given the current worries of recession, stagflation, housing, etc.
127 points
dnce answered 2 years ago …
I believe that any of the Democrat candidates, and probably Huckabee, will be bad for the market because they will support an increase in taxes. That will leave less money in the pockets of consumers, which accounts for a large portion of our economy.
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