Thursday, March 8, 2012

Prediction for 2012

I might have written this before, but I want to make it easy for my future self to find this, so here it is:

The economy is recovering.  No matter who is elected president, and no matter who controls the congress, the economy will continue to recover in some fashion.  Unemployment will be lower in 2015 than it is today, perhaps much lower.

Whoever is elected (or re-elected) President in 2012 will get the credit for this recovery.  If that person is Mitt Romney, I want to go on record right now for saying that well ahead of time.  Similarly, if President Obama is a two-termer, he'll get more credit than he probably will deserve.

Recoveries always happen eventually.

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