Heath's Blog

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Scott Brown Elected! US Economy Saved

When economists try to predict the future, one of the variables they can be confident in is that Congress won't do anything. This variable is only available when there is no one group in control of decisions. If Scott Brown is elected in MA, it could be good for the whole US economy.

It isn't his pledge to vote against proposed health fixes that might change things. Instead, it is the fact tha MA will have elected a Republican to fill Ted Kennedy's seat in Congress. If MA can express that much discontent with Democrats, then other congressmen will look more closely at their own "job security". The reality of voters choosing to replace them could change votes on many things.

Of course changes late in a congressman's voting history may not be enough to save their position, but many may open their eyes. And for those who are replaced, the stronghold by one group will have been broken, and the variable that economists like to see will be in place. If they all have to try to get along, they probably will get little done. This makes predicting how their new policies and laws will affect the economy, much easier. When companies can forecast with confidence, they can make decisions.

Maybe Scott Brown Elected is a good headline for the US economy.

 

Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
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Comments

We need to get some more people into government that actually understand how the economy works.  At the same time there is some self correction we need to let happen. 

Posted by David Monsour, ABR - www.realty-insights.com (Keller Williams Keystone Realty) almost 10 years ago

I think the whole country is watching for the outcome.  I know who you'll be voting for.

Posted by Linda Metallo DiBenardo (RE/MAX Impact, Lockport, Illinois) almost 10 years ago

MA is in the news big time!

Posted by Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Robert Paul Properties Falmouth MA (http://www.CapeGroup.com & http://www.REindex.com) almost 10 years ago

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