Just as it states.

With a majority in congress, the senate, and the presidency, it's only reasonable to assume we will see far more social programs, and liberal/progressive moves in tax code, and other things.

How do you, and how did you deal with such a change? Again, I'm looking for business advice. I currently own multiple rental properties, and run other types of businesses

Be prepared for the economy to do better and for customers to have more money to buy your goods.

And in what ways did socialism effect that?

well you will certainly have less money

The US is going to become more economically restricted than Europe in some areas. Of course, certain European nations are freer in regards to some areas. At least Obama will make an attempt to balance the budget.