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 $$ on!!
Internationally I think a global recession is on the way so I expect gas prices to fall. US debt to rise along with unemployment numbers. Gas goes down to $3 in the next three months. Debt continues to increase at one trillion per year. And Bernanke continues with QE3
Thomas Sowell: There are no solutions, just trade-offs.
I see a rough road ahead for the Stock and Bond market and utter chaos when Obamacare kicks in starting in 2014. And a new expanding part time work force. Israel going it alone against Iran is a good possibility too.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Something the Dog Said wrote: Depends on whether the House GOP decides to work for the American public or whether to just push their political zealotry to enhance their party.
So what you are saying is....Obama is completely impotent, as is a democrat senate? Why elect them if they have no ability to form a compromise?
Too bad future generations aren't here to see all the great things we are spending their $$ on!!
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.
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.
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.