I think there is a huge effect now on business of all types already. Pelosi, Reid and our president have sent huge messages to the business (large and small) and the reaction isn't good. Just about everytime one of the democrats talk about something big the market takes a hit. Don't forget about democratic policies from the 70s when we had a practical shut down of small/medium businesses - 18% interest etc.

Business planning is not an in the mirror activity however, it's all about projecting forward - strategy for 3 years, financial models, revenue, costs all of it. As you look downstream from today, the picture is higher inflation, massive taxes, horrendus increase in debt, significant increase in regulation (not all bad of course) and the changing funamentals for risk taking (as in significantly lowered or cut benefits from taking any) and the addition of redistribution of wealth.

Regardless of the money flowing or not, business owners and senior execs alike are concerned that these policies will not encourage growth due to additional taxes on businesses and a move from some free market aspects to a central big government.