Frank Schilling : Trump’s policies good for the domain industry

Frank Schilling, Uniregistry founder.

Frank Schilling, Uniregistry founder.

Donald Trump is the next US president, and his yet to be detailed financial and social policies are already considered beneficial.

Despite the market’s reaction to the election’s result, some domain investors welcomed this switch to a Republican president.

Frank Schilling stated on Twitter:

“Politics aside, the next 4 yrs are going to be an outstanding one for domain names. Great time to own premium generics across all extensions.”

When asked to expand on his statement, the Uniregistry founder said:

“Trump’s policies will be good for our industry. Lower taxes, less regulation, spending and business optimism. Glass full.”

While in general Republican administrations have lowered taxes and Democrat ones have raised them, George Bush’s “Read my lips, no more taxes” comes to mind; Bush Sr. proceeded with increasing taxes, subsequently losing the 1992 elections to Bill Clinton.

Donald Trump has yet to present a detailed plan about how he’s going to stimulate the economy, while keeping good trade relationships with neighbor nations he has already assaulted culturally. Generating 25 million jobs is a promissory statement that he now has to turn into reality.

The Fed will most likely refrain from increasing interest rates in December.

Domain investors eager to make money should most likely refrain from registering any more political domains, as Domain Name Wire pointed out today.

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