I Lied .........Moving on to the topic at hand, many people seemed pretty engaged on the piece we wrote last week that discussed Argentina and the negative impact their Government has on the wine business. After watching the feisty Presidential debates this past week, I said to myself .... "Self? Which of the two candidates is best suited to help the wine industry for the next four years?" 'Myself,' predictably didn't answer me, so I've decided to go against my better judgment and toss it out for a discussion topic this week.
Before you start trying to guess where my bias lies, let me just say in the past four elections I've voted for both parties in the Presidential elections. I'm a fiscal conservative and social moderate if that matters.
So let's see if we can reason this out, and lets see if we can do it without resorting to all the B.S. and negativism and misleading commercials foisted upon us by the far right (I hate Sean Hannity on Fox) or the far left (I hate Rachel Maddow on MSNBC). Lets see if we can be rational by advocating for the positives of our preferred choice instead of tearing down the alternate candidate. After all, we already know Obama is a liar, a Socialist, and will add trillions more in Federal debt. Its also a given that Romney is a liar, a religious zealot, and he will overturn Roe vs Wade. There: We have that out of the way. Yes ....it wont be easy but give it a shot by commenting below and voting on the Presidential Poll down on the right hand column:
Let's start with what is important for the wine business. In my view, its:
- Perfect weather and sufficient water
- Improving the growth in GDP.
- Help the middle class with improved job prospects.
- Slow the growth in the Federal Deficit
- Bring more certainty to the debate on taxation and the debt ceiling.
Democrats Will Increase the DeficitIf you are already democratic leaning, you would argue that President Obama is the right candidate because he inherited the country's problems, things are better than they were when he took over, the economy is continuing to improve and there are more jobs now that have been created since he's taken office. Separately, it probably resonates with you that the President has stuck to his word and delivered on several social programs including Health Care reform, and has properly pointed the finger of blame at corporate excesses and abuses on Wall Street. Along with former Fed Chairman Volker, he instituted the most comprehensive set of new regulations on the financial system since Glass-Steagall. You probably feel as though the democratic agenda better supports the middle-class and narrows the gap between rich and poor. You might say to yourself the upper class wage earners aren't doing their fair share of shouldering the tax burden and appreciate his plan of trying to balance the deficit by increasing taxation on the wealthiest among us thus slowing down expected growth and stabilizing the Federal Deficit. In terms of 'likability,' the President seems more like the average Joe and more approachable than his challenger. And ..... you hate PBS news anchor Jim Lehrer.
Republicans Will Eliminate the Saftey Net
If you are already republican leaning, you probably see Governor Romney as better for the business environment and might point to his successful rescue of bankrupt Bain & Company as an indicator. You might say he would be better for the economy based on his education, his history of balancing budgets in Massachusetts and the other executive positions in which he's served. Most people in the US place Washington politicians even below bankers in terms of respect, so you might see Governor Romney as coming from the outside of Washington politics and feel hopeful for positive change and better compromise. You might appreciate his conservative views on many social issues as well. On tax, you probably agree with his approach of lowering the tax on everyone, making the Bush era tax cuts permanent, but having those making over $200k a year still pay 60% of the country's tax burden by reducing/eliminating their deductions. You also probably see Romney's tax and proposed program cuts as being more likely to add up to stabilizing the deficit. And ..... you hate CNN commentator Candy Crowley.