The recent "I told you so" thread on possibility of Obama being a president in 2008 got me thinking how would current expectations of new administration will hold up in 2012? Here are my predictions.
1. Stock market will be higher (can't be worse that what it is today). The economic growth will be around 2% per year.
2. Health care cost problem would have only been partially addressed.
3. US will have a lower influence in world affairs than what it has now.
4. World will not hate US as much due to its lower influence in the world affairs.
5. Some US troops will be present in Iraq.
6. Unemployment in US will be over 6% (due to higher taxes).
7. Standard of living in US will be just about the same as today.
1. Stock market will be higher (can't be worse that what it is today). The economic growth will be around 2% per year.
2. Health care cost problem would have only been partially addressed.
3. US will have a lower influence in world affairs than what it has now.
4. World will not hate US as much due to its lower influence in the world affairs.
5. Some US troops will be present in Iraq.
6. Unemployment in US will be over 6% (due to higher taxes).
7. Standard of living in US will be just about the same as today.