Tomorrow Will Come and Go

November 4, 2008 will be a monumental day. It basically marks the end of an era, and supposedly a beginning of redemption. Is seems like the overall consensus is that new president will bring change and for the better, yet the monumental day will come and go and nothing really would have changed.

One day won’t ease the credit crunch. Just because there is a new president in a office, that doesn’t mean the banks are suddenly going to loan out more money and at a cheaper interest rate. Consumers aren’t going to magically spend more. The problems this economy is facing are far too enormous to change overnight.

While the new office may be able to change things over the next couple of years, in the short-term, there can really be no change. Any upward movement in the stock markets will only be thanks to perception, which leads me to believe that the markets will eventually head back down.

How well can each candidate really handle the economy? When both of them started campaigning about a year back, fixing the economy was not a big part of their plans, yet now it seems like they are going to have to face it. What are they going to have to cut from their originally proposed plan? They obviously never clearly told us, during those oh so inspiring debates.

In the grand scheme of things, tomorrow will probably be considered one of the more historical days in recent U.S and possibly word history. Although tomorrow will come, at the same time it will pass right by and nothing will really have changed.