2012 predictions if Obama got reelected

rightwinger

Award Winning USMB Paid Messageboard Poster
Aug 4, 2009
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2. Unemployment was supposed to be stuck at over 8%

In September 2012, Mitt Romney predicted that if Obama is reelected “you’re going to see chronic high unemployment continue four years or longer.” At the time, the unemployment rate was 8.1% and had been between 8.1% and 8.3% for the entire year.

What would breaking out of “chronic high unemployment” look like in a Romney presidency? Romney pledged that, if elected, he could bring the unemployment rate down to 6% by January 2017.




The unemployment rate currently stands at 4.9% and has been under 6% since September 2014. Since January 2013, the economy has created nearly 10 million new jobs.
 
:laugh: wooops



Newt Gingrich, running for the GOP nomination, predicted that if Obama was reelected he would push gas to “$10 a gallon.” Gingrich said he would reduce gas prices dramatically by reversing Obama’s energy policies. Gingrich flanked himself with campaign signs promising $2.50 gas if he was elected.

Today, the nationwide average for a gallon of gas is $2.24.

A lot of the reasons for the decline in gas prices are well beyond Obama’s control — including weak international demand and OPEC’s failure to reduce supply. But the policies that Gingrich and others criticized — the failure to approve the Keystone XL pipeline, more EPA regulation and limiting drilling on public land — have not gotten in the way of historically low prices.
 
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The Dow was at 12,815 when Drumpf tweeted that.

It is at 18,401 today.

The Dow is now negative for the year

The Russell 2000 down 3.62% YTD

The S&P500 is up 3.89% for the year

And I predict the second half of the year will be worse by the time the zigging and zagging is done.


It's sad, the way pseudo-cons actually hope and pray for America to suffer economic crashes and terror attacks.
 
Even though they have not been defeated, except for the lone wolf attacks, they are not a force outside of the sad area in the middle east that they control. And even that is shrinking.
 

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