ELECTION ECONOMICS-NOVEMBER 2010 ELECTIONS
Although they are almost a year away, the 2010 U.S. elections should be foremost on the minds of all investors. Why? Because the 468 incumbents in the House and Senate who are running for reelection are already springing into action. Terrified about their prospects for reelection, the candidates are ready to do (spend) what it takes to secure another term. This will set into motion a chain of economic behaviors that will ultimately have a depressive effect on the U.S. dollar.
WHAT THE POLITICIANS FEAR
Let’s consider the position in which incumbents running for reelection . . .
Continue Reading: ATTENTION: CONGRESS WILL SPEND BEFORE 2010 ELECTIONS
