Predictions for 2010

The economy will turn around right before the elections just like the Dems have planned all along so they will be re elected.

I'm sure that would just be a coincidence...

There is some stimulus money still around though
 
Quote: Originally Posted by Lumpy 1
1) Double dip recession


That presumed that we'd see some recovery. So far no good.
2) Unemployment hits 14%

Right now the U-6 is 16.5%!!



Not sure what that means.



Sooner or later

5) Obama's favorable rating hits 19

Yeah...that was just flat out wrong.

6) Democrats lose House & Senate

I doubt it, but they're going to lose some seats, I think.

7) Gasoline hits $ 7.00 a gallon

Not unless something very strange (and terrible!) happens, or conversely and ironically not unless the world's economies recover stupendously [/QUOTE]

Hey.. thanks a lot...:lol:
 
Predictions for 2010

1. Unemployment drops to 7%

2. Dow Jones hits 12000

3. Healthcare passes

4. Republicans pick up seats in the House and Senate but are still a minority

5. Sarah Palin implodes because of a quote she can't take back

6. Kim Jung Il and Castro die. Clinton forges new US relationships with restructured Communist regimes

Thank you for bringing this back up. Let's see. Here we are almost mid AUgust.
1) Unemployment is stuck at 9.5% and everyone knows that number is a lie on the low side.
2) Dow Jones stuck in narrow range between 9000 and 10,500
3) Healthcare passed. And boy are the Dems gonna regret it in November. Possibly the most unpopular bill in history.
4) GOP looking to gain majority in the House, possibly in the Senate as well.
5) Sarah Palin called "fundraising phenomenon" in recent news story about her.
Townhall - Sarah Palin seen as fundraising phenomenom for GOP
6) Castro alive and well and returning to power:
Fidel Castro makes 1st official govt appearance - Yahoo! News
Kim Jong Il doing fine, having sunk a South Korean ship as an act of war and gotten away with hardly a slap on the hand.

Nice going, Nutwinger!
 
Predictions for 2010

1. Unemployment drops to 7%

2. Dow Jones hits 12000

3. Healthcare passes

4. Republicans pick up seats in the House and Senate but are still a minority

5. Sarah Palin implodes because of a quote she can't take back

6. Kim Jung Il and Castro die. Clinton forges new US relationships with restructured Communist regimes

Thank you for bringing this back up. Let's see. Here we are almost mid AUgust.
1) Unemployment is stuck at 9.5% and everyone knows that number is a lie on the low side.
2) Dow Jones stuck in narrow range between 9000 and 10,500
3) Healthcare passed. And boy are the Dems gonna regret it in November. Possibly the most unpopular bill in history.
4) GOP looking to gain majority in the House, possibly in the Senate as well.
5) Sarah Palin called "fundraising phenomenon" in recent news story about her.
Townhall - Sarah Palin seen as fundraising phenomenom for GOP
6) Castro alive and well and returning to power:
Fidel Castro makes 1st official govt appearance - Yahoo! News
Kim Jong Il doing fine, having sunk a South Korean ship as an act of war and gotten away with hardly a slap on the hand.

Nice going, Nutwinger!

Rabbi

Where is that "Stagflation" you predicted?

The end of the Bush tax cuts and new taxes to pay for health care will wreck the economy, causing a stagflation that will make us wish for the good ole days of Jimmy Carter.

GDP up four consecutive quarters, inflation and interest rates still holding steady. Your gloom and doom doesn't look like it is doing too well

Keep in mind, Dow Jones was 10750 when the Republcans took power.....8150 when they left eight years later. They will not do as well as they think in November, especially if they run on repealing healthcare
 
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Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.
 
Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.

Year ain't over Rabbi.....I am still the only poster who predicted a drop in unemployment and rising stock market...I believe you were of the gloom and doom team. GDP is up four consecutive quarters.....it was down 5 out of six before we finally dumped the Repubs

Hows that "stagflation" coming?
 
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Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.

Year ain't over Rabbi.....I am still the only poster who predicted a drop in unemployment and rising stock market...I believe you were of the gloom and doom team. GDP is up four consecutive quarters.....it was down 5 out of six before we finally dumped the Repubs

Hows that "stagflation" coming?

A drop in unemployment? From 10% to 9.5%. And even that number is cooked. Wow, what a prediction. Of course you actually predicted it would be, what?, 7%.
Rising stock market? It has traded narrowly for most of this year. You could have predicted a falling stock market and been equally right.
GDP is up because of massive gov't spending, not from the private sector.
We have stagflation. StagDEflation, that is.
 
Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.

Year ain't over Rabbi.....I am still the only poster who predicted a drop in unemployment and rising stock market...I believe you were of the gloom and doom team. GDP is up four consecutive quarters.....it was down 5 out of six before we finally dumped the Repubs

Hows that "stagflation" coming?

A drop in unemployment? From 10% to 9.5%. And even that number is cooked. Wow, what a prediction. Of course you actually predicted it would be, what?, 7%.
Rising stock market? It has traded narrowly for most of this year. You could have predicted a falling stock market and been equally right.
GDP is up because of massive gov't spending, not from the private sector.
We have stagflation. StagDEflation, that is.

Still the only poster who predicted a drop in unemployment and a rising stock market.

Repubs will not take the House or Senate

Healthcare passed

Still looking for your Stagflation Rabbi....got any numbers to back that up?

I didn't think so........so far,I'm winning
 
Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.


Correction: Healthcare didn't pass. The Health Insurance Takeover Bill passed. Health insurance is not health care.
 
Keep repeating your word salad, Nutwinger. None of your predictions has come true, except health care which the Dems are regretting even now.
The economy is in the toilet, despite 19 months of Obama and nearly 4 years of Democratic control of Congress. Nothing Pelosi promised has happened. The US is weaker economically and militarily because of Obama.
Your predictions were wrong. Your boy in the WH is a failure. Deal with it.


Correction: Healthcare didn't pass. The Health Insurance Takeover Bill passed. Health insurance is not health care.

Yes, thanks.
Actually we don't know what passed. There was so much junk in the bill few people if anyone know actually what's in it. All kinds of unintended consequences. I guess this is what Pelosi meant when she said we'd have to pass the bill to find out what's in it.
 
The economy will turn around right before the elections just like the Dems have planned all along so they will be re elected.

I'm sure that would just be a coincidence...

There is some stimulus money still around though
Yes, for it's done SOOOOOO well so far. :rolleyes:

You can try and sell me that it saved jobs or made jobs, but other than concrete workers and a sign manufacturer, I don't see it.
 
The economy will turn around right before the elections just like the Dems have planned all along so they will be re elected.

I'm sure that would just be a coincidence...

There is some stimulus money still around though
Yes, for it's done SOOOOOO well so far. :rolleyes:

You can try and sell me that it saved jobs or made jobs, but other than concrete workers and a sign manufacturer, I don't see it.

Nor do you see the jobs that the stimulus cost, because they don't exist anymore. I tis the broken window theory in action.
 
I'm sure that would just be a coincidence...

There is some stimulus money still around though
Yes, for it's done SOOOOOO well so far. :rolleyes:

You can try and sell me that it saved jobs or made jobs, but other than concrete workers and a sign manufacturer, I don't see it.

Nor do you see the jobs that the stimulus cost, because they don't exist anymore. I tis the broken window theory in action.

Thats odd?

I'm still waiting for all those jobs from the Bush Tax cuts
 
Yes, for it's done SOOOOOO well so far. :rolleyes:

You can try and sell me that it saved jobs or made jobs, but other than concrete workers and a sign manufacturer, I don't see it.

Nor do you see the jobs that the stimulus cost, because they don't exist anymore. I tis the broken window theory in action.

Thats odd?

I'm still waiting for all those jobs from the Bush Tax cuts

Total private sector employment 2000=110,210
Total private sector employment 2007=115.005

Total private sector employment July 2010=106,971

You missed them. I'm waiting for all those jobs from the trillion dollar Obama stimulus.
 
Nor do you see the jobs that the stimulus cost, because they don't exist anymore. I tis the broken window theory in action.

Thats odd?

I'm still waiting for all those jobs from the Bush Tax cuts

Total private sector employment 2000=110,210
Total private sector employment 2007=115.005

Total private sector employment July 2010=106,971

You missed them. I'm waiting for all those jobs from the trillion dollar Obama stimulus.

Wow...thats an impressive body of work there Rabbi

Less than 4% growth over ....WHAT? Wait a minute!

You cut it off in 2007 and dropped all of 2008 where the unemployment soared from 4.8% to 7.8% ???

I have seen your deception in the past Rabbi...but this one is your masterpiece
 
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1) Double dip recession

2) Unemployment hits 14%

3) Credit Bubble pops

4) Iran tests 1st nuclear weapon

5) Obama's favorable rating hits 19

6) Democrats lose House & Senate

7) Gasoline hits $ 7.00 a gallon
THAT will never happen
i doubt it will drop much below 40 if it even gets to 40%
 
Thats odd?

I'm still waiting for all those jobs from the Bush Tax cuts

Total private sector employment 2000=110,210
Total private sector employment 2007=115.005

Total private sector employment July 2010=106,971

You missed them. I'm waiting for all those jobs from the trillion dollar Obama stimulus.

Wow...thats an impressive body of work their Rabbi

Less than 4% growth over ....WHAT? Wait a minute!

You cut it off in 2007 and dropped all of 2008 where the unemployment soared from 4.8% to 7.8% ???

I have seen your deception in the past Rabbi...but this one is your masterpiece

And Obama's record has been? And the Democratic Congress' record has been?
Oh yeah, steady job loss and higher unemployment.
UE "soared" from 4.8 to 7.8%? Then what? Are you saying that it then "plummetted" to the 9.5% rate we have now?
No deception here, Nutwinger. The only one deceived is you.
Where are all those jobs Obama promised with his stimulus package? If you objected to Reagan's deficits, surely you will object when Obama's are THREE TIMES as large, right?
 
Well we're into August and it appears I missed a few predictions up there near the beginning of this thread. :)

But just think guys.

This was the Ford Model R that came out in 1909.

image001.jpg


At at that time America:

The average life expectancy was 47 years.

Fuel for this car was sold in drug stores only.

Only 14 percent of the homes had a bathtub.

Only 8 percent of the homes had a telephone.

There were only 8,000 cars and only 144 miles of paved roads.

The maximum speed limit in most cities was 10 mph.

The tallest structure in the world was the Eiffel Tower!

The average wage in 1909 was 22 cents per hour.

The average worker made between $200 and $400 per year.

A competent accountant could expect to earn $2000 per year,
A dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year, and a
mechanical engineer about $5,000 per year . . . .so yes, there were haves and have nots there in similar proportions to what we have now.

More than 95 percent of all births took place at HOME.

Ninety percent of all doctors had NO COLLEGE EDUCATION!
Instead, they attended so-called medical schools, many of which
were condemned in the press AND the government as 'substandard.'

Sugar cost four cents a pound.

Eggs were fourteen cents a dozen.

Coffee was fifteen cents a pound.

Most women only washed their hair once a month, and used
Borax or egg yolks for shampoo.

Canada passed a law that prohibited poor people from
entering into their country for any reason.

Five leading causes of death were:
1. Pneumonia and influenza
2. Tuberculosis
3. Diarrhoea
4. Heart disease
5. Stroke

The American flag had 45 stars.

The population of Las Vegas, Nevada, was 30. (That's 30 people, not 30k)

Crossword puzzles, canned beer, and iced tea hadn't been invented yet.

There was no Mother's Day or Father's Day.
Two out of every 10 adults couldn't read or write and
Only 6 percent of all Americans had graduated from high school..

Marijuana, heroin, and morphine were all available over the counter at the local corner drugstores.
Back then pharmacists said,
'Heroin clears the complexion, gives buoyancy to the mind, regulates the stomach and bowels, and is, in fact, a perfect guardian of health'

Eighteen percent of households had at least one full-time servant or domestic help..

There were about 230 reported murders in the entire USA.

But despite some statistics we would consider unacceptable today, the USA enjoyed the fastest growing economy in the world, was enjoying more new innovations and scientific advancements than any other place in the world despite the fact that 95 percent of the taxes we have now did not exist in 1909.

So. . . . . I wonder if we have learned enough to stop some of the present insanity so that those folks in 2109 will look back at our time as just interesting tidbits of history?

Predictions anyone?
 
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