Quote:
Originally posted by russellwarshay
This will have little impact on the Presidential race. Any rise in the stock market will not be due to rational stock valuations, therefore it won't last 3 1/2 quarters. The one thing that will determine whether or not President Bush is reelected is the state of the economy in the next two quarters. There needs to be sustained growth of over 3.5% in each of these quarters, and job creation must begin in the second quarter. If this happens, then the election is over and President Bush is reelected.
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I agree. I think most people are more concerned about the US economy and job market than the war in Iraq. The capture of Saddam may make people a little bit happier with Bush but I don't think it will effect his overall candidacy for reelection. If Bush can successfully turn this economy and job market back around, people will have enough faith in him to reelect him for another 4 years.
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