Will the recently completed 2024 election affect the rise of new business and increased profits for existing companies? The stock market seems to indicate it will, as everything moved upward after the president was voted in and the value of the U.S. dollar also went up.
Can having a conservative in the highest office of the United States really make a difference for American business? A"Yes" answer is more than possible since the new president (for Jan.2025-Jan.2029 ), Donald Trump, is more than a politician who proved his abilitiy to overcome obstacles during a prior (Jan.2017-Jan.2021) term, he has successful businesses himself. Not only that has he surrounded himself with a team that plans to cut through the red tape of the bloated bureaucracies that are holding entrepreneurs and organizations back. The new presedential team promises to remove regulations that prevent economic growth and/or facilitate inflation. For both business and their product/service consumers (U.S.A. citizens), there is also the promise of less taxation, more available energy at lower costs, and reduced interest rates. If that happens, it should bolster profits for business and savings for Americans, thus helping the economy for almost everyone.
Can they really recover from the years (2021-2024) of cultural decline and economic disaster and do that within a four year term? Since their party now has a conservative majority, determined to make a difference for America, in both the House and Senate of Congress - the "Yes" is a higher probability if they will cooperate and work together. It looks like America will be a great place for businesses again and better years are directly ahead for everyone.
NOTE: Interesting post-election article on government leadership vs corruption and regulation: Trump’s Win Suggests We’re Nineveh, Not Sodom- Now It’s Time to Decontaminate the Place
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