Forecaster: Nation Needs More Economic Freedom
Mikus, Kim, Daily Herald (Arlington Heights, IL)
Byline: Kim Mikus Daily Herald Business Writer firstname.lastname@example.org By Kim Mikus Daily Herald Business Writer email@example.com
Robert Genetski, author, economist and a national interest-rate forecaster, believes that additional economic freedom is essential in repairing the economy.
Genetski, known for his conservative outlook and research of classic economic principles, told about 450 members of the suburban business community Thursday that there would be an immediate increase in economic activity if Republican presidential nominee Mitt Romney is elected president.
Genetski, who addressed politics, the economy and even religion, is optimistic that will happen.
"I believe Governor Romney will be elected," Genetski said. He added, however, that if President Barack Obama is re-elected, "it's not the end of the world."
The polished speaker quickly followed this up with a comment about the fact that he does pray, adding that his prayers are not for a particular candidate, but for general prosperity.
Genetski, who has become known over the years as an optimistic forecaster, did not have a lot of positive news when he spoke at the Cotillion Banquet Facility in Palatine. [URL]Cornerstone National Bank & Trust Company;http://www.fusion92.com/home.aspx[/URL] hosted the ninth annual event.
Genetski spoke about the implications of the election.
He said if Obama returns to office, the stock market growth will remain flat and interest rates would stay low for the wrong reasons. …