
Originally Posted by
AmateurFlix
Well, when you run a campaign insisting that all is doom and gloom and that you're the savior, and people are stupid enough to buy into it, that kind of aggravates an already bad consumer sentiment. When your campaign consists of a million wacky promises of government intervention into every aspect of business, that creates a sense of uncertainty which rationally leads to holding no confidence in investing in such an unpredictable environment. When you have no idea what the tax situation is going to be, you hold on to what money you have instead of investing it in new businesses. When you upend a large portion of the economy via health insurance reforms and realize it will only be settled years in advance in the judiciary, that destroys confidence. When you spend and spend and spend some more which will inevitably lead to higher taxes during your term or the next guy's term, that destroys investor confidence. When you see your competition getting favorable treatment based upon their political donations to a degree never before witnessed, that destroys investor confidence. Then there's the GM & Chrysler bailouts, etc, etc. It just goes on .