Fri12262014

Last updateTue, 23 Dec 2014 1pm

Veterans: An Untapped Resource for Manufacturers

Veterans: An Untapped Resource for Manufacturers

“We can’t find skilled workers. What’s going to ha...

The Rationale Behind Valve Characteristics

The Rationale Behind Valve Characteristics

Back in the “early days,” we were taught that, to ...

Technical Sales: Focus on Solutions

Technical Sales: Focus on Solutions

The sale of almost any valve has a technical aspec...

VALVE Magazine Print & Digital

Subscribe14FALLRead the latest digital edition

Subscribe to the digital edition

Subscribe to the print edition

Subscribe to the biweekly VALVE eNews

BUYERS GUIDE 300x80

New Products

Industry Headlines

Advertisement
Advertisement

Business School Professors: Will Winner of November Election Matter?

To hear the two candidates tell it, the U.S. presidential election offers a dramatic choice on the economy: Vote for me, each says, if you want a robust recovery; pick my opponent, and we'll plunge back into recession.

But regardless of who wins, important economic factors will remain facts of life. Millions of American homeowners are "underwater," owing more than their homes are worth and weakening the consumer demand that is key to the economy. Employers, even if they are flush with money, won't hire more workers until they need them -- when demand rises or appears ready to.

The debt crisis in Europe resists a quick solution, and deficits and overhanging debt in the U.S. are too big to be whittled down very fast. These deficits will compete for federal revenue that could stimulate the economy through more spending or cuts in taxes.

Given the size of these problems, what is the most likely economic landscape to emerge after the election if President Barack Obama, a Democrat, wins, or if Republican challenger Mitt Romney wins?

Three faculty members at Wharton, the business school of The University of Pennsylvania, say that, either way, the future is likely to look much like the present, for several years at least. "The notion in the political debate is that if you just do something a little bit differently, things will get much better. But it doesn't work like that," says finance professor Franklin Allen.

VIDEO HOME PAGE

  • Latest

  • Popular

  • Links

  • Events

 

Valve Magazine Digital Edition

14 FALL CVR 160x214Inside the Fall 2014 issue…

• Market Outlook 2015
• Enhanced Oil Recovery
• Combined Cycle Power Plants
• Critical Role of Flanges

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

injectable winstrol anti estrogen blocker gen shi steroids buy steroids tablets online injectable steroids us