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Posts Tagged ‘Barack Obama’

How Retailers Have Already Profited Off of Obama

by Christina Lee on January 14th, 2009

Before news of his stimulus proposal popped up, or even before his election, the President-elect’s face and message led to sales for retailers of all sizes. By November, consumers spent as much as $200 million on Barack Obama memorabilia, according to the New York Times. By December, more than 111,000 Obama-related items had been sold through eBay. Whether officially approved by Obama or not, his face and name have appeared on T-shirts, boxer briefs, and money (fake, of course), in addition to a few best-selling products: Bumper stickers As the 2008 election drew closer, bumper stickers became perhaps the most... Read more »

Hot Topic: Obama’s Small Business Proposals, Updated

by Christina Lee on January 7th, 2009

With less than two weeks until President-elect Barack Obama’s inauguration, small business owners may witness the start of a few changes over the next few months. Keep watching closely to see what develops: The $300 Billion Tax Cut Throughout his presidential campaign, Obama has supported the implementation of a middle-class tax cut, amounting to $500 for workers and $1,000 for families. But his latest economic agenda calls for far more money than anticipated and potentially more than ever requested by any president. Provisions aimed for immediate relief include one that would allow businesses to write off huge losses of 2008... Read more »