Post-election hype
Washington
ELECTIONS regularly inspire an orgy of hype - and so it is with this one. The Democrats are in disarray, it's said. Unless they're enormously skillful or lucky, they risk becoming a minority party indefinitely. Be sceptical. The reality is that these dire forecasts have a habit of not coming true.
Remember Barry Goldwater's crushing defeat in 1964. After Watergate, Republicans seemed doomed. Ronald Reagan's two successful terms, followed by the election of George HW Bush in 1988, seemed to entrench Republicans.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access