Obama victory a boon to unions, auto industry, could harm oil and gas companies, others
Yes and no.. union goals may be counter to long term survival of auto companies. It will be interesting to see how he plans to negotiate these counter-objectives. He also has to be careful of harming oil and gas. Last time someone tried that, we had significantly reduced exploration followed by another supply squeeze.
Gotta be careful pushing down on parts of an inflated balloon. Some other part may expand and go ‘pop’!!
