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The Election: Making Difficult Choices

Monday, November 7, 2016 1:53
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(Before It's News)

mauldineconomics.com / BY JOHN MAULDIN / NOVEMBER 6, 2016

Some Thoughts on Election Night Possibilities
Washington DC, New York, Lots of Florida, and the Cayman Islands

I have a letter halfway done on economic/investment themes, but I’m putting it aside. For over 16 years I have written each week about what has interested me and what I have thought important. And frankly, what is really on my mind is the same thing that is likely on your mind, and that is Tuesday’s election results. So I am going to write a shorter letter on my thoughts on the election, trying to put an economic spin on the political process (since economics is the beat of this letter, not politics) and give you a heads up on what may possibly be the big story on Tuesday night. One congressional district in a state that nobody pays attention to could find itself at the center of American politics. That district’s single electoral vote could spell the difference between a razor-thin win and a tie. Seriously. And since I have a special connection with that congressional district, I will offer some thoughts on how it may go.

But first, I want to share with you some of the things I’m going to be thinking about as I walk into the polling booth on Tuesday.

I certainly understand the passion around many of the issues the candidates are talking about: immigration, income inequality, taxes, defense and overseas wars, Supreme Court nominees, healthcare, Social Security and other entitlements, the environment and regulations, and a host of other things. Call it the economist in me, but the overriding thing on my mind as I walk in to vote will be the future of the economy.

Almost all of the issues listed above are dependent on how well our economy does. The economy will dictate whether we can afford to pay the taxes to do all the things we would like to do, whether there are enough jobs for everyone, and whether we’ll have the financial and political wherewithal to deal with the debt and entitlements tsunami that is rushing toward us.

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The post The Election: Making Difficult Choices appeared first on Silver For The People.

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