One of these men will be the next US President.
Election fever has reached its peak point and the Big Day is tomorrow; millions of Americans will cast their ballot to elect the next US President.
For the coming four years, the new president and his policies will determine the route that the domain industry will take.
What are the pros and cons of electing either candidate? Here is a quick checklist, if you have not yet decided who to vote for.
Barack Obama, the Democratic nominee, faces challenges related to the sagging economy, loss of jobs, high fuel prices and little growth. On the other hand, the war in Iraq is over and troops in Afghanistan are scheduled to be recalled. Meanwhile, the so-called “Obamacare” healthcare plan, sets 2014 as the deadline by which all Americans should have mandatory health coverage, a mixed boon and a menace for all domain investors.
Mitt Romney, the Republican candidate, aims at lowering taxes – albeit for the upper middle class. With no track record in international politics, Romney is a rookie that somehow manages to swing the voting crowds to his advantage. His biggest push will be for the creation of new jobs and the support of the small business owners, although how he plans to finance such a boost while cutting taxes isn’t yet clear.
Regarding domainers, the momentum of the market depends on the overall sentiment of the currently bad economy, which has caused a curb in the volume and size of domain sales. While a Republican president might invigorate the domain industry due to the increase of investments and trust by Wall Street, the small fries domainer will not see their earnings sky-rocket.
President Obama faces a challenge, having to step up to the plate in order to create millions of jobs for the lower and middle class. Without consistent income, small businesses and entrepreneurs are reluctant to invest in domain names and expand their businesses.
The election polls show both candidates tied in a dead heat of 48% each. The election’s outcome will most likely be decided in Ohio and Florida.
Domainers: don’t forget to vote tomorrow! 😀
Don’t forget about the rate increase for capital gains.
This impacts domainers who sell names that have been held long term (as capital gains).
Just another note for ya 🙂
Aron
Aron – Correct, the rate is scheduled to increase from 15% to 20%. What is Mitt Romney’s position on capital gains?
White house style and sexxy leidies are waiting for the winner …
Not sure Mitt’s plan – but I don’t think it increases. Don’t quote me on that though 🙂