People
are losing confidence in politicians, they do not believe what
politicians say anymore, and can you really blame them?
In Britain we can blame
this on coalition politics, but in the United States that
is no excuse.
Or is it?
When people vote
Republican or Democrat, they do so expecting their elected politician to carry
out the policies they stood for when they ran for election. But unless the
same party controls the Congress and The Presidency they will very rarely get that,
what they actually will get is compromise.
That is why electors are
inevitably losing confidence in politicians, because even if they vote for a
particular person or party, they rarely get the policies for which they voted.
Currently, with a
Democratic President and a Republican Congress only one thing can happen. The
stated policies of both parties will eventually get watered down until enough
Senators and Congressmen agree, which only ends in, you guessed it, compromise.
The problem is that
those same politicians will then have to go back and talk to the people who elected them,
which brings about another problem. They have now developed a language that is so
vague, that more often than not they are actually saying nothing.
But, the electorate are
not that stupid, and they are finally seeing through it it all, which is why
they are losing confidence in all political "leaders".
So how will all this
effect 2015? As Congress and the Presidency are controlled by different parties
I see nothing but political conflict throughout this coming year with the inevitable
result that there will be no major decisions on the economy coming out of
Washington one way or another.
For business however
this is great news, for it means that the economic climate will stay the same.
And as History has proved, for a stable economy you need a secure unchanging
business environment, which is probably what we will get, and for this reason I
am confident that the US economy will continue to grow.
For this reason I am
personally looking forward with confidence to 2015.