Effect of Presidential Elections on Businesses and Business Leaders

As the saying goes, the only thing that is constant quantity in life is change. If we are not sure of anything, we should be sure of the fact that the outcome of the upcoming presidential election leave behind bring about a change to the American economy. This impact impart unquestionably spread across all sectors of the economy including U. S. condescensiones and furrow leaders. The question, however, is what the impacts foreseeable are? I would like to say that the impacts would be dependent on the presidential candidate that wins the election.If we are to go by what they have already highlighted as their plan if elected, Barack Obama winning the election might not be good news for U. S businesses and business leaders alike. In his campaign, he made it clear that his administration would offer tax excision to middleclass families and would definitely increase the tax of CEOs and corporations. If we are to judge from this, we might as headspring say that time this would be g ood news to the average American, it is the CEOs and the U. S. businesses who would utter(a) the weight of the tax plan. Apart from this, Obama says he would hold corporations responsible for pensions and execution conditions.This might be a back breaker for U. S businesses and business leaders on the whole. On the other hand, if it the election ends with Senator John McCain emerge victorious, then corporations and Business leader should be ready for a favorable tenure. Apart from the fact that Senator McCain promises to cut corporate tax, he claims that his administration would be on the side of U. S businesses and not in their way. He promised to cut corporate tax in order to maintain employment of workers in these corporations and he seems not to be concerned about U.S businesses victimization their resources to expand in other regions like Senator Obama. If we are judge from this, I think that U. S businesses and business leaders would flourish and expand if He assumes offi ce. Summarily, the crux of the whole thing is that Senator Obama economic plan would favor the middleclass workers while it could be at the detriment of U. S businesses and business leaders. On the other hand, Senator John McCains economic plan seems favourable to U. S businesses and business leaders as he sees them as pivotal to keeping the jobs of Americans.