Tuesday, November 4, 2008

The new U.S. president will face major economic challenges 5

According to the U.S. NBC TV reported on November 3, now the U.S. presidential election of the new competition has entered the white-hot, but whether McCain is the Republican candidate or the Democratic Party candidate Barack Obama was elected as its new president on the road to recovery The U.S. economy is their top priority.
To talk about the economy and in person is a huge difference between the practice. No matter the success of McCain or Obama was elected 44th president of the United States they will face a difficult task. New York investment adviser cabin - a consultancy Hill (Chapin Hill Advisors), president of Casey - Boyle said: "No matter who is elected, in the next two years have been faced with the embarrassing situation in which voters throwing eggs. If you pay I 3,000,000,000,000 U.S. dollars a year salary, I do not want to do the job the president. "
For the current economic difficulties, economic experts believe that the new presidential term from five to face the challenges of the economic level, at the same time the need to ensure that voters are being dealt with a number of things.
1, the formulation of widely accepted economic plan
Washington, DC Links investment advisers, President Peter - Thanos said: "First of all, the new president must be able to come up with a population of the United States generally accepted economic plan and began to restore public confidence in the market. This is a very obvious Work. "Prior to that, in his book Thanos had" at the end of prosperity, "a book of high taxes will destroy the U.S. economy was on the point of view.
A lack of general support for the economic plan led to the U.S. government can not prevent the crisis from the collapse of the financial system infrastructure to the economic system spread. In market supervision and monetary policies, uphold the free market philosophy of Republicans and Democrats are convinced that interventionism of the conflict and contradiction between the culmination. Despite the final outcome of the struggle is the introduction of a huge rescue package, but banks do not want to use the government's equity investment loan activities. Thanos said: "We will not be the end of the free market, what we have done is for us to understand the freedom to put an end to capitalism. We will introduce new regulatory policies to ensure that the capital will not lose control." Against Thanos Illinois senator's economic plan put forward that the economy will be hindered the development of modern capitalism.
Thanos for Obama's supporters, Obama said he has been since John F. Kennedy, he supported the first Democratic presidential candidate. However, Thanos warned that Obama, if elected, Obama's economic policies require the active participation of the Republican Party.
2, to restore confidence and trust
Most market analysts believe that Wall Street shares for at least the end of the election after a modest rebound. They hope that the emotional changes in the economy could bring about some role in the promotion.
In order to achieve this change, the new president must be from the very beginning it is necessary to show people that he has to make a turn for the better economy. Swiss Re (Swiss Re), chief economist Kurt - Karl said: "The crux of the issue is trust and confidence, which in fact does not need too much to pay a high price.'s New president needs to be done with the Minister of Finance, the United States Federal Reserve Chairman together to ensure that we can tide over their current difficulties. "
Carr said the two presidential candidates have been discussed in the U.S. global role, the new president needs to be done is the world's attention will be focused on policies to address this issue. He said: "Today, the issue of a global problem, we need to compete with our major partners together to work together in order to enhance confidence in and benefit from it. Cooperation and effective measures only part of the solution, the other is to restore confidence and trust. To restore confidence and trust do not need too much capital investment, is more psychological change. "
Thanos forecast new president will usher in a new era, the new president will likely have enough power to reverse the people's sentiments. He said: "I think to put an end to the harsh economic times, people will burst forth with great enthusiasm."
3, to adjust the housing market and the banking sector
The new president faces other challenges if it is to help bail out the banking industry. Despite the Federal Reserve to cut interest rates sharply several times trying to restore the bank's lending activities between, but these initiatives did not succeed. Today, the 1980s-to-deposit loans crisis in the emergence of another wave of bank failures large-scale outbreak.
At the same time, housing owners did not escape the bad luck, every day thousands of people into the loss of foreclosures in the process of the law.
The new president will have to be cautious in the end, he should consider the extent to which financial institutions to help and how to help those in housing values or face foreclosure of the housing plight of the owner.
Nomura Securities chief economist in New York, David - leisler said: "I think the challenge will be to design the financial regulatory system restructuring program to improve supervision to prevent such disasters from happening. This will be a long and careful process . My worry is that people may think that the new president will be rapid introduction of the program, and that for a long time brewing a waste of time. "
At the same time, troubled home owners will be required in order to help alleviate the heavy mortgage. Today, the two presidential candidates have talked about the mortgage issue, the Republican candidate John McCain suggested that the Government should take steps to acquire non-performing loans. Leisler said that to deal with any economic problems, a very important role in the long-term policy of prudent plan could lead to more deterioration of the situation.
4, the challenge of raising taxes
Heard in the Democratic Party proposal to the well-off Americans to increase the standard tax, Obama supporters will be any concern.
In this economic environment for any tax increase will be the market observers were almost unanimous in opposition. Now, Obama has already hinted that high-income groups to increase their earnings and assets in the social security tax is very possible.
Thanos said: "Frankly, I do not want to raise taxes. Because in the current economic environment, any form of tax increase would be a disaster."
At present, the headache problem is that trillions of dollars of the federal budget deficit. Swiss Re's Karl said, in fact, the new president will have to seriously consider how to reduce business taxes to stimulate economic growth. Now before a new president before a new question is how will the federal budget deficit dropped below the danger level at the same time reduce the tax burden.
Corbin - Casey Hill, president of consultants - Boyle said: "We have 1,000,000,000,000 U.S. dollars of deficit, how are we going to pay? This is a very difficult problem. How to increase the tax a specific group of people is not the case As a further slowdown in the economy? I think this is not an easy task. "
5, patience
U.S. patience is a lack of political quality, but in the coming days will be of particular importance. Karl said that the remodeling of confidence and trust will take time, Congress and the president will take time to find out an effective solution to the problem of economic policy. Thanos said that the United States on the need for financial assistance to carry out fine-tuning and analysis of the effective functioning of the part.
据美国全国广播公司财经频道11月3日报道,如今美国新一届总统大选的竞争已经进入了白热化,但是无论是共和党候选人麦凯恩还是民主党候选人奥巴马当选为新一任总统,复苏美国经济都是他们的第一要务。
谈论经济和亲身实践是有着天壤之别的。无论麦凯恩还是奥巴马成功当选美国第44届总统他们都将面临一个艰巨的任务。纽约投资顾问公司卡宾-希尔顾问公司(Chapin Hill Advisors)总裁凯西-波义耳称:“无论谁当选,在今后的两年时间内都面临被选民扔鸡蛋的难堪局面。如果你付我一年3万亿美元薪水,我也不愿意干总统这个差事。”
对于目前的经济困局,经济专家认为新一任总统将面临五个来自经济层面的挑战,同时需要向选民保证一些事情正在被处理。
1、制订被广泛接受的经济计划
华盛顿特区林克斯投资顾问公司总裁彼得-塔诺斯称:“首先,新总统要拿出一个能够被美国民众普遍接受的经济计划,并开始恢复民众对市场的信心。这是一个非常明显的工作。”此前,塔诺斯曾经在其著作《繁荣的尽头》一书中对高税收将摧毁美国经济这一观点进行了论述。
缺乏一个受普遍支持的经济计划导致美国政府没能够阻止危机从崩溃的金融体系基础结构向经济体系蔓延。在市场监管和货币政策上,秉承自由市场理念的共和党人与深信干涉主义的民主党人之间的冲突和矛盾达到了顶点。尽管斗争的最终结果是出台了一个庞大的救市计划,但是银行并不愿意用政府的注资进行借贷活动。
塔诺斯称:“我们不会结束自由市场,我们所做的是为我们理解的自由资本主义划上句号。我们将出台新的监管政策以确保资本不会再失去监管。 ”塔诺斯反对伊利诺斯州参议员提出的经济计划,认为这一经济计划将阻碍当代资本主义的发展。
塔诺斯为奥巴马的支持者,他表示奥巴马是自肯尼迪以来,他所支持的首位民主党总统候选人。不过,塔诺斯警告称,如果奥巴马当选,那么奥巴马的经济政策需要共和党方面的积极参与。
2、恢复信心和信任
多数市场分析人士认为华尔街股至少会在大选结束后出现一个适度的反弹。他们希望情绪上的变化能够对经济带来一些促进作用。
为了实现这个变化,新总统必须要从一开始就要向民众显示他有办法使经济出现好转。瑞士再保险(Swiss Re)的首席经济学家库尔特-卡尔称:“问题的关键是信任和信心,这实际上并不需要付出过多的代价。新总统需要做的是与财政部长、美联储主席一起确保我们能够度过目前的难关。”
卡尔称,两位总统候选人已经讨论了美国在全球应扮演的角色,新的总统需要做的是将重视全球政策的同时重点解决这一问题。他称:“如今的问题一个全球性问题,我们需要与我们的主要伙伴国一起共同努力,这样才能增强信心并从中受益。合作与有效的措施只是解决办法的一部分,另一部分是恢复信心与信任。恢复信心与信任不需要过多的资金投入,更多的是心理上的改变。”
塔诺斯预测新的总统将开创一个新的时代,新总统可能将有足够强大的力量来扭转民众的情绪。他称:“我认为为了结束这一严酷的经济时期,民众将迸发出极大的热情。”
3、调整银行业和住宅市场
新总统所面临的另一个挑战是如果帮助银行业摆脱困境。尽管美联储试图通过多次大幅降息来恢复银行之间的借贷活动,但是目前这些举措并没有获得成功。如今上世纪八十年代存贷款危机中的出现的银行倒闭风潮再次大规模爆发。
与此同时,住房拥有者也没有逃离厄运,每天都有上千的人进入丧失抵押品赎回权的法律进程中。
新总统将不得不谨慎的考虑他到底应该在何种程度上帮助金融机构,以及如何帮助那些陷入房屋贬值或面临止赎困境的住房拥有者。
野村证券驻纽约的首席经济学家大卫-莱斯勒称:“我认为挑战将是设计对金融系统监管的重组方案,以完善监管避免这类灾难的发生。这将是长期和谨慎的进程。我的担心是人们可能会认为新的总统将快速出台方案,并认为进行长时间酝酿是浪费时间。”
与此同时,陷入困境的住房拥有者也将会得到所需帮助以缓解沉重的抵押贷款。如今两名总统候选人都谈论过了抵押贷款问题,共和党候选人麦凯恩提议政府采取措施收购不良抵押贷款。莱斯勒表示,对于处理任何经济问题来说,长远作用十分重要,政策的不谨慎计划可能会导致局势更加恶化。
4、增加税收的挑战
在听说民主党提议对富裕的美国人增加税收标准时,任何奥巴马的支持者都会有所顾虑。
在这种经济环境中对任何人增加税收都将遭到市场观察人士几乎一致的反对。如今,奥巴马已经暗示增加对高收入人群在资产赢利和社会保障方面的税收是极为可能的事情。
塔诺斯称:“坦率的说,我希望不要增加税收。因为在目前的经济环境中,任何形式的税收增加都将是一场灾难。”
目前伤脑筋的问题是数万亿美元的联邦预算赤字。瑞士再保险的卡尔表示,事实上新总统将必须认真考虑如何减少商业税收来刺激经济增长。现在摆在新总统面前的新问题是如何在将联邦预算赤字降到危险水平以下的同时减轻税收负担。
卡宾-希尔顾问公司总裁凯西-波义耳称:“我们有1万亿美元的赤字,我们将如何支付?这是一个非常棘手的问题。如何在增加对特定人群税收的情况下不至于让经济进一步减速呢?我想这也不是一件容易的事。”
5、耐心
耐心是美国政界欠缺的素质,但在今后的日子中将特别重要。卡尔表示,重塑信心和信任需要时间,国会和总统需要时间来弄清楚解决经济问题的有效政策。塔诺斯表示,美国需要对金融援助计划进行精细调整,并分析哪些是有效运作的部分。

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