The Effects of the Presidential Election On Consumers and Your Business

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Have you noticed that although consumers account for 70% of the economy, neither Clinton or Trump mention consumers very much?  Why is this?  Could it be that many of their policies will result in an economic environment that is anti-consumer?

Both Trump and Clinton espouse policies intended to appeal to their various constituents.  However, in many instances these policies will serve to impede innovation, raise prices and in some cases eliminate choices.

In a prima facie comparison between Trump and Clinton, Trump may appear to be the best of the two relevant to the concerns of the consumer because Trump at least gets several things right.  He advocates a reduction in regulations and lower taxes on businesses as well as individuals. However, Trump says he will impose a large tax on products made by companies that export jobs.  “When a company moves and wants to move, as an example, to Mexico, we’re going to say, ‘Sorry, but you have a 35% tax to pay to get your product back in.’ “  In some situations, he has said, he might even encourage companies to leave.  Trump said, “We’re going to make a fortune, OK?”

Have you asked yourself the question, who exactly is “we”?  I believe the “we” he is referring to in this case is the government, because it is the government that will be collecting new taxes.  Naturally, it is the consumer who will be paying those higher taxes in the form of higher prices, and the higher prices will not be just for the products Trump wants to slap taxes on.  If Trump raises the price of exports, domestic companies will be free to raise their prices as well. So it is the consumers who will get hurt whether or not jobs are saved.

Hillary is probably worse news for business and consumers than is Trump.  Hillary wants a higher national minimum wage, paid leave, stronger unions, and a host of other rules that will raise the cost of doing business across the board.  If Hillary gets what she wants, it will mean that companies will have to either eliminate some workers or raise prices or some combination of the two, and her climate regulations will raise consumer energy bills.

In spite of the fact that Dodd-Frank has already made it far harder for consumers to get credit, Hillary wants still more regulation of the financial industry, and she advocates higher taxes on the investment that drives consumer benefiting innovation.

Although ObamaCare has already resulted in higher prices and fewer choices for millions of consumers who buy insurance on their own, Clinton wants to “build” on ObamaCare. This is not to mention that many consumers already have to purchase insurance they don’t want and can’t afford.



Democrats strongly believe that  more government is pro-consumer because they believe it is only government that can protect consumers from greedy business owners.  The problem is  big government ends up supporting the worst form of anti-consumerism . . . crony capitalism.  In the end big business benefits from costly government regulations, mandates, rules, taxes, and fees simply because it is big business which can afford to pay for close relationships with government officials from which they benefit by receiving favoritism in the form of distribution of legal permits, government grants, special tax breaks etc.

In the end it is the consumer and therefore indirectly the consumer oriented small business owners who ultimately bear the burden of every big-government plan, and get very little if anything in return.

If you are a small business owner who provides products or services directly to a consumer, the political/financial deck is already stacked against you.  One thing that can be of benefit to you is the ability to sell your product or service to a motivated buyer who has the ability and willingness to pay; but, at the moment has subprime credit.  

Access Funding Center, Inc. can help you provide financing for your subprime customers with credit scores as low as 600.  As a small business owner you can offer retail installment financing to your subprime customers and then instead of receiving monthly payments from your customers over a period of two or three years you can cash out your consumer contracts by immediately selling your consumer notes. In this way you can greatly advantage yourself against a financial/political environment which greatly favors big business.

There is a way for you to provide financing for your motivated subprime customers and then sell your consumer contracts usually within around twenty-four hours.  In this way, you can enhance your cash flow and ultimately your profitability and so become more competitive in an economic environment which favors big business.