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Obama or McCain?


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I don't want to get too political but I am curious. How will the election affect your business? Or, will it have an affect on your business? Will the country be better off after the election?

 

While the election is over, I really don't think it would have made a massive difference for our businesses either way. Very few, including most in power in DC really comprehend how big the mess is becoming and is going to get.

 

Also, the approaches are almost 100% incorrect and will only serve to make the situation much worse. The issue is too much spending and to much debt.

 

All the plans are to increase spending and increase debt. It does not require a calculus degree to do the math on the this. A 2nd grader can see that this won't work.

 

Bottom line...look out because there is a huge wave out there destined to swamp the boat.

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I see one bright star in this sea of economic doom and gloom...the fact that new car sales are down and many dealerships will either consolidate or close in the next few years. People will still drive and cars will be out there for repairs and service. I think now is the time to get your marketing and advertising in gear and start promoting your shop to capture market share.

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Another factor will be if the government includes a package for the auto makers to re-tool, as they are saying now. They're going to try and stimulate new car sales.

 

Regardless of what happens there, I do not expect car sales to be restored to 2006-2007 levels for at least ten years...maybe much longer.

 

There may be some brief increases tied to some stimulus in the short term, but nothing sustained.

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