CFOs Pick Next President
CFO.com related how CFOs feel about who should be the next president:
…in a survey conducted at the CFO Rising Conference in Orlando earlier this month, 58 percent of 123 finance chiefs said that John McCain is the candidate who would make the best president, while 29 percent and 13 percent favored Obama and Clinton, respectively.
What does this say about the argument that the Bush Presidency is responsible for the current economic climate? McCain’s policies are no different yet the CFOs, who ought to know how businesses are run, are for McCain. I think it says a lot about business confidence in current economic policies. I believe that the uncertainty as to who will be in charge has led to caution in most companies and therefore has had a major negative effect on the economy. The CFOs are basically warning us that changing tax and other economic policies will lead to worse economic conditions.
What do you think? Will a change to Democratic leadership hurt or help the economy? Why?
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