Follow us on

Wednesday, June 19, 2013 | 11:38 p.m.

Powered by The Atlanta Journal-Constitution

Web Search by YAHOO!
 

Posted: 4:48 p.m. Sunday, Nov. 11, 2012

Business sectors weigh effects of Obama 2nd term

By Greg Bluestein

After a costly and bruising election cycle that revealed deep divides over economic policy, there’s one thing business leaders can agree on: They’re glad the election is over.

Many business leaders here were openly rooting for Barack Obama’s ouster and after Mitt Romney was defeated, some disappointed executives took heart that they’ll have a measure of predictability over the next four years.

For one, Obama’s re-election means that some of his biggest legislative accomplishments, from the health care overhaul to new banking regulations, will likely stay in place rather than face rollback from GOP opponents.

More corporate deals could soon be announced as executives were waiting for the election to sort out before making key decisions about expansions and re-locations. For other sectors, though, the election brings even more uncertainty.

Subscribers can read our sector-by-sector look at the election’s impact in Sunday’s AJC or on our subscription tablet app.

Staff writers David Markiewicz, Kelly Yamanouchi, Arielle Kass, J. Scott Trubey, Kristi E. Swartz and Misty Williams contributed to this report.

More News

 

Today on MyAJC.com

Julio Jones

Falcons close-up: Julio Jones joins Gonzalez’s All-Pro Diet crew

Falcons tight end Tony Gonzalez has written a book called the “All-Pro Diet” and has a convert in Jones, who also does yoga.

Dad receives kidney from daughter

Nice read: Adopted daughter and father — a perfect match

Read this and pass it on: “I really hated the idea of taking a kidney from someone, especially from my daughter.

Opportunity zones thought to bring jobs

Your tax dollars: Council shocked by late request for millions to lure business

The reason for the last-minute budget increase: Atlanta recruiters may have been making commitments they otherwise wouldn’t be able to keep.