Let's see:
The Bush tax cuts expire in Jan. The health care taxes take effect then.
So you are positing that if you increase the cost of something (employment) you will still get more of it, the very opposite of classic economic theory. Maybe, but I doubt it.
Dow hits 12k: valuations are already very high, largely because interest rates are so low. With a recovering economy the Fed is under intense pressure to raise rates to avoid killer inflation. When rates go up the market will tank. Corporate profits ahve been improved because of cost containment,not increased sales. So what will mvoe the market 20% higher? I dunno. Neither do you.
Healthcare. Hardly a done deal although likely to pass. The liberal Dems in the House are all looking at Nebraska's sweetheart deal and wondering how to get the same for themselves. This could easily go south. IN any case the taxes kick in immediately but the benefits are years away.
Republicans pick up seats. The current polling on races shows the GOP sweeping every race they are in as anger over Democratic policies spills over. A lot can happen between now and Nov though.
Sarah Palin implodes. Very likely. She has become a media phenomenon and like all such fades quickly without a new gig.
Kim and Catro die. So what? Each one has successors in place who will not change the basic modus of their states, having too mcuh invested in them. It would take a revolution in both places to make real change. That might happen but as Iran and Honduras shows, the Obama administration is more interested in "stability" than democracy.
Time to put up or shut up Rabbi...
I'll make the same offer to you. Post your predictions for 2010 and we will see who is closer in six months and a year. I stand by my predictions
Anemic growth with mounting inflation towards the end of the year. Mildly improved job market mostly due to government hiring. Bankruptices by retailers in Jan/Feb who didnt have the Xmas season they thought they would.
Breakdown of talks with Iran. Calls by the EU for more talks.
Threats by N.Korea to launch new missile capable of hitting the U.S. mainland, followed by dispatching Jimmy Carter to negotiate another deal.
New terrorist attacks on American targets, followed by condemnations by Pres Obama before he tees off with promises to bring the perps to justice.
Joe Biden will be discovered in hiding in Singapore.
Death of cap n trade in Senate.
And finally, sweep of both houses of Congress by the GOP and blocking any legislation by Obama until his miserable term is up.