I'll keep this brief. Basically, I think there are three things we'll definitely see if Obama is reelected. First, he'll implement the Affordable Care Act, which will show the public what all the really good provisions are and keep it from being repealed. Second, he'll definitely work on a longer-term budget deal, which will probably give away too much. And I don't think he'll do much in the short term to help the economy. Instead he'll let the Federal Reserve do as much as it is willing and hope that is enough to cause the sputtering growth to pick up steam. And third, I think he'll really focus on immigration reform. I don't think Republicans can afford to spend too many more elections taking the far right position on this issue. And so I think Obama will push on this.
I don't think we'll see any efforts around global warming (ie cap and trade) unless the Democrats do the unthinkable and take back the House.
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