What Do The Elections Mean To Home Business, Entrepreneurs?

So now that the election is over, what does it mean to entrepreneurs?

Good question, it looks like we’ll have Democrat control of the Senate and House of Representatives and a Republican President. In the background, apparently, 7 out of 8 of the “defense of marriage” state amendments passed as well. The Democrats I heard out politicking (mostly by accident because I heard them on the evening news, I don’t seek out politicking!) like Harold Ford of Tennessee or Joe Lieberman both sounded like they were running as “conservatives”… the normal Republican mold just before they extend the bureaucracy.

Given these factors I’d say that people voted in conservative sounding Democrats while upholding marriage amendments at the same time in hopes of fiscal change, but not because they espouse a radical social agenda to make the U.S. a socialist boondoggle like Western European countries.

Personally, I think the next two years will produce more gridlock, more bureaucracy, and no real change. Likely the tax cuts Bush inaugurated will expire hurting everyone and slowing the economy.

The trends that are driving interest in home business - outsourcing, fear of job loss, more stress and less reward at work - will continue, but I don’t think anything will really be done to address overregulation, skyrocketing health care costs, or anything else.

Instead of “More of the same, trending right at times” under the Republicans, I think we’ll see “More of the same, trending left at times” and no substantive breakthroughs.

This will create more desperation by people seeking alternative income sources, cause more people to fall for scams, but allow some the pressure needed to find a way out of their ratrace.

Will “more of the same” cut it and reverse the U.S. decline to economic and world irrelevancy? Both parties are completely asleep at the switch when it comes to having the will to make substantive changes like the ones Jeff Corwall enumerates in his election review today and are trying to apply 1946 solutions to 2006 problems.

Entrepreneurs at every level will still keep seeking their best intrests and keep trying to forge ahead, but the path may be harder than the last few years. There’s nothing on the horizon go suggest that things will be getting any easier for business.