Prediction Time

07 Nov 2012 06:13 #1 by RenegadeCJ
Prediction Time was created by RenegadeCJ
Well, the democrats have won, and Obama has another 4 yrs. We get to see what a 2nd term for Carter would have looked like! So, will he actually do anything to improve our economy in the next 4 yrs. Lets all make some predictions. Where will we be in July 2016??

DOW:
Unemployment:
National debt:
Price/gallon-regular unleaded:

Too bad future generations aren't here to see all the great things we are spending their $$ on!!

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07 Nov 2012 06:19 #2 by FredHayek
Replied by FredHayek on topic Prediction Time
Internationally I think a global recession is on the way so I expect gas prices to fall. US debt to rise along with unemployment numbers. Gas goes down to $3 in the next three months. Debt continues to increase at one trillion per year. And Bernanke continues with QE3

Thomas Sowell: There are no solutions, just trade-offs.

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07 Nov 2012 06:22 #3 by CinnamonGirl
Replied by CinnamonGirl on topic Prediction Time
Hey, we have some things to look forward to. Hearings on Libya are coming. That will be as entertaining as the Clinton hearings.

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07 Nov 2012 06:40 #4 by LOL
Replied by LOL on topic Prediction Time
I see a rough road ahead for the Stock and Bond market and utter chaos when Obamacare kicks in starting in 2014. And a new expanding part time work force. Israel going it alone against Iran is a good possibility too.

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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07 Nov 2012 06:44 #5 by CinnamonGirl
Replied by CinnamonGirl on topic Prediction Time
The futures are already down over 100. High taxes are coming our way as well.

I don't know about the Isreal thing though.

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07 Nov 2012 07:55 #6 by Something the Dog Said
Depends on whether the House GOP decides to work for the American public or whether to just push their political zealotry to enhance their party.

"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown

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07 Nov 2012 07:58 #7 by RenegadeCJ
Replied by RenegadeCJ on topic Prediction Time

Something the Dog Said wrote: Depends on whether the House GOP decides to work for the American public or whether to just push their political zealotry to enhance their party.


So what you are saying is....Obama is completely impotent, as is a democrat senate? Why elect them if they have no ability to form a compromise?

Too bad future generations aren't here to see all the great things we are spending their $$ on!!

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07 Nov 2012 07:58 #8 by FredHayek
Replied by FredHayek on topic Prediction Time
I know people that will be dumping thier stock on the market, especially coal and railroads. And some will be taking profits before capital gains rates increase.

Thomas Sowell: There are no solutions, just trade-offs.

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07 Nov 2012 08:02 #9 by cydl
Replied by cydl on topic Prediction Time
Things are going to get ugly. Lots more debt, more unemployment, more small businesses dumping health care plans because they can't afford it so it'll come out of individual pockets, more encroachment on civil liberties. I think gas will go down a bit because more folks will be out of work and have no place to go.

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07 Nov 2012 08:13 #10 by BearMtnHIB
Replied by BearMtnHIB on topic Prediction Time

Well, the democrats have won, and Obama has another 4 yrs. We get to see what a 2nd term for Carter would have looked like!

I was thinking the same exact thing last night as I went to bed.
We get to see what Carter's second term looks like.
Wont be pretty.

Get ready for more of the same. Businesses will invest only where necessary- no additional risk. No new employees- in fact they will probably be dropping dead weight, and get leaner.

DOW is down 225 points in early trading this morining.

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