The day we have been waiting for has arrived. Over the next 24 to 48 hours (hopefully the next 24) the decision we have been waiting for will be made. However, as I have told clients for many years , who is President of the U. S. is not nearly as important as we are led to believe. In the election season, this statement falls on deaf ears as the doom and gloom crowd preaches a doctrine that in most part has no basis. Presidents really don’t make a major difference; in reality, the President and the bias of the Congress is nothing more than a composite of the country. So whoever is elected, there is no doubt they have to get the economy back on a growth trend and the budget deficit under control. The next President is going to have a much easier time than the last one has. The fraud and leverage of the last 12 years has been paralyzing…maybe we learned some lessons. We may be on the verge of tremendous growth based on the signs of recovery becoming evident.
However, this will all depend on what is now a lost art of Statesmanship. The last time we experienced what Washington, Jefferson and Franklin exhibited was as they framed this wonderful country. The modern day example was Regan. Hopefully, whoever is sitting in the oval office leads with the “country first” and not personal agendas. Each candidate will have this opportunity, but we will just wait and see who shows up for the challenge.
Looking forward to a long night.