Can I make a Obama 2016 prediction first?
OK, assuming Republicans hold Congress the way they have the past two years: Unemployment will be around 6%, Debt will be pretty high, and we still have deficits, but interest on the debt it is manageable due to low 2-3% interest rates.
US has had a minor re-insurgency of urban living and low fuel consumption vehicles, leading to stagnation of oil consumption. Much of this fuel still comes from Canadian tar sands.
Iran is under sanctions (duh), and is considered a rogue nation by those who do not rely upon it for cheap oil (business as usual).
Palestinian state exists in a way. Not yet recognized by US since that would require GOPers in Congress to vote for it.
We are finally out of Iraq & Afghanistan.
Trade deficit has been reduced. Big part is in increase in wages in developing countries, and China's pursuit of economic equality, which puts pressure on industries in the country. India in turn is having trouble with providing its industry with electricity required to power new plants transferred from places like China.
US has continued to see a slight degradation of middle class. It still has to compete with low wage countries, and stagnant recovery has stomped wage growth. Housing prices are nearly the same as 4 years earlier, except that new housing has stepped up to deal with increased population.
Obama administration still has to deal with instances of corruption in financial and environmental circles. Finance has continued with dirty deals and environmental issues suffer from bribes and "matching regulations" issues, where something is only considered "polluted" if it exceeds Federal allowances.
OK, assuming Republicans hold Congress the way they have the past two years: Unemployment will be around 6%, Debt will be pretty high, and we still have deficits, but interest on the debt it is manageable due to low 2-3% interest rates.
US has had a minor re-insurgency of urban living and low fuel consumption vehicles, leading to stagnation of oil consumption. Much of this fuel still comes from Canadian tar sands.
Iran is under sanctions (duh), and is considered a rogue nation by those who do not rely upon it for cheap oil (business as usual).
Palestinian state exists in a way. Not yet recognized by US since that would require GOPers in Congress to vote for it.
We are finally out of Iraq & Afghanistan.
Trade deficit has been reduced. Big part is in increase in wages in developing countries, and China's pursuit of economic equality, which puts pressure on industries in the country. India in turn is having trouble with providing its industry with electricity required to power new plants transferred from places like China.
US has continued to see a slight degradation of middle class. It still has to compete with low wage countries, and stagnant recovery has stomped wage growth. Housing prices are nearly the same as 4 years earlier, except that new housing has stepped up to deal with increased population.
Obama administration still has to deal with instances of corruption in financial and environmental circles. Finance has continued with dirty deals and environmental issues suffer from bribes and "matching regulations" issues, where something is only considered "polluted" if it exceeds Federal allowances.
